Proximar Seafood harvested 726 tonnes head-on-gutted (HOG) in the second quarter of 2026, up from 697 tonnes in the first quarter, the Norwegian land-based salmon farmer said in an Oslo Børs filing.
Total harvest since September 2024 has now reached around 2,800 tonnes HOG. Biological performance remained strong during the quarter, with 99.3 percent of fish achieving superior grade and a 98.9 percent survival rate during grow-out.
Standing biomass fell to 1,730 tonnes at 30 June from 1,880 tonnes at 31 March. The company has approximately 2.1 million Atlantic salmon in production at its facility near Mount Fuji in Japan.
Feeding was temporarily affected by elevated turbidity, which Proximar said was likely linked to operational parameters. The root cause remains under investigation, although turbidity has since improved and is no longer restricting feeding.
The company began harvesting smaller fish in June to free up tank capacity and increase average harvest weights above 3 kg. As a result, average harvest weight for the second quarter was 2.56 kg HOG, up from around 2.25 kg in the first quarter.
Average net sales price increased to approximately NOK 64/kg (EUR 5.70/kg) during the second quarter, compared with NOK 54/kg (EUR 4.81/kg) in the previous quarter. The company said prices continued to be affected by a weaker spot market and a limited proportion of contracted sales for fish weighing more than 3 kg.
For salmon above 3 kg HOG, average realised prices remained around NOK 75/kg (EUR 6.68/kg). Proximar said contracted customer prices were stable during the quarter.
The company expects market conditions to improve in the third quarter, supported by a higher share of contracted sales. Proximar’s first production facility, located at the foot of Mount Fuji, supplies fresh Atlantic salmon harvested the same day to the Japanese market.