Lerøy Seafood Group Reports Impressive Growth in Q1 2025

Author: Logan Wright Updated: 04-07-2025 12:45 AM

Strong Performance in Salmon and Trout Harvests

Lerøy Seafood Group ASA has reported an exciting start to 2025, showcasing noteworthy growth in their harvest volumes of salmon and trout. For the first quarter, the total harvest volume reached an impressive 38,200 GWT, significantly up from the 26,400 GWT recorded in the same period last year. Excluding figures from Scottish Seafarms, these numbers illustrate Lerøy's robust production capabilities.

Regional Harvest Volumes

Breaking down the harvest volumes by region and company for Q1 2025 compared to Q1 2024, we see substantial progress. Lerøy Aurora increased its harvest to 7.1 GWT from 6.0 GWT last year. Lerøy Midt reported 16.4 GWT this quarter, up from 13.7 GWT, which reflects their efficiency improvements. Lerøy Sjøtroll is particularly noteworthy, hitting 14.8 GWT, with 9.5 GWT of that volume being trout, compared to just 3.3 GWT of trout from 6.7 GWT in Q1 2024.

Wildcatch Volumes Analysis

The company also reported its performance in wild fish catch through Lerøy Havfisk. The total wild catch volume for Q1 2025 stood at 19.0 thousand tonnes, which includes 3.6 thousand tonnes of cod. While this figure indicates a decline from the previous year's 24.1 thousand tonnes, which featured 6.7 thousand tonnes of cod, it still positions Lerøy prominently within the competitive seafood market.

Future Outlook and Financial Reporting

Lerøy Seafood Group ASA is set to release its complete Q1 2025 financial report on the 15th of May 2025 at 06:30 CET. The market eagerly anticipates further insights into their operational efficiency, strategic initiatives, and overall financial health.

Engagement with Stakeholders

For any inquiries regarding the latest performance updates or financial details, queries can be addressed to the company's Chief Financial Officer, Sjur S. Malm. Engaging with stakeholders is crucial for Lerøy, and they remain committed to transparency regarding their operations and financial health.

Compliance and Regulatory Information

As a publicly traded entity, all information released by Lerøy Seafood Group ASA is subject to the disclosure requirements under the Norwegian Securities Trading Act, Section 5-12. This ensures investors and stakeholders receive timely and accurate information concerning the company's financial performance.

Frequently Asked Questions

What were the total harvest volumes for Lerøy in Q1 2025?

The total harvest volume of salmon and trout for Q1 2025 was 38,200 GWT.

How does Q1 2025 compare to Q1 2024 for Lerøy Seafood?

In Q1 2025, Lerøy increased its harvest volume to 38,200 GWT compared to 26,400 GWT in Q1 2024.

What is the forecast for Lerøy's financial report?

The complete financial report for Q1 2025 will be released on 15 May 2025 at 06:30 CET.

Who can I contact for inquiries regarding Lerøy?

Inquiries can be directed to Sjur S. Malm, the company's Chief Financial Officer.

Is Lerøy Seafood Group ASA compliant with local regulations?

Yes, all disclosures are made in adherence to the Norwegian Securities Trading Act's requirements, ensuring compliance and transparency.

About The Author

Dedicated Author and financial expert Logan Wright here, 29 years old. After earning an economics degree, I spent a number of years working in different financial industries. My great passion is enabling everyone, from any background or experience level, to understand and be literate in financial matters.

My books and writings are centered on simplifying difficult financial ideas into doable, understandable guidance. Whether it's retirement planning, investing, or budgeting, I want to arm readers with the information they need to make wise financial choices and realize their financial objectives.

Apart from writing, I also frequently post to financial blogs and organize webinars and workshops targeted at enlightening participants about personal finance. Always, my strategy is to offer concise, doable advice that can truly improve people's lives.

Away from work, I like to read, travel, and sample new foods. My goal is to infuse everything I do with the balance that I think is essential to both financial and personal well-being. By my profession, I want to encourage and enable people to confidently and clearly take charge of their financial futures.

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