2014 has been an eventful and challenging year for Grieg Seafood. Salmon prices remained high throughout most of the year but were slightly reduced due to general volatility and barriers in the Russian market towards year-end.
Fish farming is based on the management of shared natural resources. Professional management of these resources is of high interest to our stakeholders and is essential for our own profitability.
The Group had a turnover of MNOK 2 665 in 2014, an increase of 11% compared with the previous year. The total harvest was 64 736 tons glutted weight, an increase of 6 675 tons from 2013, equivalent to an increase of 12%.