Salmon Evolution cuts losses, restocks ahead of planned production increase

The Norwegian land-based salmon farmer expects to increase production by about 40 percent next year and will launch its Phase 2 expansion project in 2026.

Salmon Evolution kept its 2024 production guidance unchanged at 5,000 metric tons head-on gutted. The company has pushed some harvest volumes into the fourth quarter to take advantage of higher prices. — Salmon Evolution kept its 2024 production guidance unchanged at 5,000 metric tons head-on gutted. The company has pushed some harvest volumes into the fourth quarter to take advantage of higher prices.Photo: Salmon Evolution

Rachel Mutter

Correspondent

Published 7 November 2024, 07:51Updated 7 November 2024, 09:18

Salmon Evolution Land-based salmon Farmed salmon Land-based aquaculture Norway