Sales 2017: NOK 10.8 million (€1.1 million/$1.4 million

Sales 2016: NOK 9 billion (€1 billion/$1.1 billion)

Sales 2015: NOK 7.33 million ($886,634)

Sales 2014: $891.1 million

Sales 2013: $767.3 million

Sales 2012: $519.8 million

Key Executives: Bjorn Flatgaard, chairman; Olav-Andreas Ervik, CEO; Ulrik Steinvik, CFO

N-7266  Kverva, Norway
Phone: +47 72 44 79 00
www.salmar.no

Company type: Public (Oslo: SALM)

Owners/ Key investors: Kverva (53%)

Employees: 1,083

Founded in 1991 on the island of Froya, South Trondelag, SalMar has grown into a major producer of farmed salmon, with a brand new NOK 500 million (€63 million/$82 million) processing factory, Innovamar, opened in Froya in October 2010.

While listed on the Oslo Stock Exchange since 2007, the group remains majority owned by its co-founder Gustav Witzoe through Kverva Holding.

Most of its harvest takes place in Norway, but the group also has a 50 percent stake in Scottish Sea Farms, which it jointly owns with Leroy Seafood.

In May 2013, due to "strong investor demand" the company decided to sell 7.325 million shares -- 15 percent of its shares -- in Bakkafrost, at a price of NOK 70 (€9.30/$12) per share.

In February 2012 SalMar entered into an industrial collaboration with Leroy Seafood Group allowing Leroy to use SalMar’s InnovaMar facility for the harvesting and processing of salmon from its fish farms in More and Trondelag.

Also in 2012, SalMar started work on a concept for farming in an ocean cage. The project is contained in a separate project company -- Ocean Farming. The unit is projected to have a diameter of 110 meters, and Volume of 245,000 cubic meters.

During the first half of 2013, SalMar increased its shareholding in Villa Organic to 50.42 percent, officially making it a subsidiary. The company has fish farming operations in Finnmark, and controls a total of 16 production licenses.

Meanwhile, in August 2013, SalMar and Leroy said they would invest £37 million (€43.3 million/$57.4 million) in Scotland's salmon industry with £12 million (€14.1 million/$18.6 million) in freshwater operations and a further £25 million (€29.3 million/$38.8 million) in new farming sites over the next two years. The two companies co-own Scottish Sea Farms.

SalMar is in the process of building what it calls one of northern Norway’s biggest smolt-raising facilities at Senja. Completion of the new building is planned for 2017.