Salmon Evolution reports record biomass growth and stable operations in Q3.
Salmon Evolution said it expects a tighter global salmon market heading into 2026 after a quarter of stable biological performance, full capacity, and record biomass growth at its Indre Harøy facility.
“Salmon prices recovered during September on the back of negative year-on-year growth in Norwegian biomass, supporting an increasingly tight supply-demand balance going into 2026. With a fully stocked farm and steadily improving production and harvest weights, Salmon Evolution is well positioned to capitalize on this,” said CEO Trond Håkon Schaug-Pettersen.
The company harvested 1,387 tonnes head-on gutted (HOG) salmon in the third quarter, achieving an average realised price of around NOK 61 ($6.10/€5.25) per kilo. Average harvest weight rose 20 percent from the previous quarter to 3.5 kilograms HOG.
Price achievement was limited by harvest timing earlier in the quarter, before market prices strengthened in September. Net biomass growth reached approximately 1,800 tonnes live weight, a six percent increase from the previous quarter and the fifth consecutive quarter of sequential growth.
Total standing biomass at quarter-end was 3,009 tonnes live weight, consistent with long-term production targets.
The company said operations at its hybrid flow-through system (HFS) continue to show stable performance and low mortality as it prepares for further expansion.
