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Lerøy Seafood Group ASA: Capital Markets Days 2026
Globenewswire· 2026-01-27 06:27
Core Viewpoint - Lerøy Seafood Group ASA is hosting its Capital Markets Days on March 2 and 3, 2026, to engage with investors, analysts, and stakeholders [1] Group 1: Management Presentations - Management will outline the Group's strategic priorities, targets for 2030, operational developments, and capital allocation priorities during presentations at the headquarters in Bergen, Norway on March 2 [2] - A live webcast will be available for those unable to attend in person, including a Q&A session for digital question submissions [2] Group 2: Tour of Operations - Participants will have the opportunity to join a guided tour of Lerøy's salmon and trout operations at Lerøy Sjøtroll in Austevoll on March 3 [3] Group 3: Participation Details - The management presentations will start at 13:00 on March 2, with lunch served from 12:00 [4] - Common transportation will be provided from Lerøy's headquarters to Lerøy Sjøtroll on March 2, with return transportation to Bergen on March 3 [4] - Interested participants must complete a request form for physical attendance by February 2, with limited capacity for in-person participation [5]
Norway nets record seafood export sales
Yahoo Finance· 2026-01-08 10:51
Core Insights - Norway achieved record seafood export sales in 2025, with total exports reaching 2.8 million tonnes valued at Nkr181.5 billion ($17.9 billion), marking a 4% increase from 2024 [1] - Salmon exports were the primary contributor, with 1,414,909 tonnes exported worth Nkr124.7 billion, a 2% increase in value from 2024 [1] Export Markets - The US accounted for 9% of total exports, the highest share since 1989, although tariffs introduced in April and August raised duties on Norwegian seafood to 15% or more [2] - Exports to the US surged by 55% in Q1 2025 compared to Q1 2024 but saw a 1% decline in Q4 2025 [2] - Poland remained the largest single market in Europe for the 12th consecutive year, despite Europe's share of export sales in value terms decreasing from 67% to 63% [4] Growth in Specific Markets - China experienced the highest value growth, with exports rising 59% to Nkr12.3 billion, moving from sixth to third place in 2025 [4] - Salmon exports to China were valued at Nkr8.1 billion, with volumes increasing by 99% year-on-year to 90,906 tonnes [4][5] - The volume of salmon exported to China was twice as high as the previous year, driven by strong demand and a shift in purchasing patterns [5] Other Seafood Categories - Trout farming also performed well, with Norway exporting 86,903 tonnes of trout worth Nkr7.4 billion in 2025, reflecting a 16% increase in volume and a 10% increase in value [5]
Captain Fresh withdraws IPO papers
Yahoo Finance· 2026-01-06 10:21
Group 1 - Captain Fresh has put its IPO application on hold to expedite the closure of an acquisition, reportedly of Spanish tuna company Frime [1][2] - The company has received regulatory approval for the acquisition and is in the final steps of the transaction, which is expected to significantly enhance its global market position [2][3] - Captain Fresh has stated that its IPO roadmap remains unaffected and it is committed to its original listing timelines, planning to file a fresh IPO once the acquisition is completed [3] Group 2 - In the first six months of its 2026 financial year, Captain Fresh has substantially surpassed its previous full-year EBITDA and PAT, indicating significant margin expansion and a path of profitable growth [4] - Founded in 2020, Captain Fresh has evolved from a technology-driven platform to a branded seafood player, with a portfolio that includes shrimp, salmon, crab, and lobster [4][5] - The company has made several acquisitions, including CenSea and Ocean Garden, which have expanded its product offerings and market reach [5][6]
Food safety in the blue economy | Jessica Rankin | TEDxSouthern Miss
TEDx Talks· 2025-12-19 17:28
The blue economy, it is not just about ports and policies. The blue economy is about families. It's about generations of families that have worked time and time again to build this beautiful economy.A vital piece that we here on the coast feel a closeness to is seafood. Seafood is intertwined with so many aspects of our daily lives. Think about your community celebrations.Everybody's probably been to seafood festivals, crab festivals, oyster festivals, or your family celebrations. You go to seafood boils. T ...
X @Bloomberg
Bloomberg· 2025-12-04 11:58
Indonesian police name a suspect in a contamination case that led to radioactive shrimp being exported as far as the US https://t.co/bBHR5c9otP ...
Maruha Nichiro to own Seafood Connection outright
Yahoo Finance· 2025-12-03 13:21
Core Insights - Maruha Nichiro has acquired the remaining shares of Seafood Connection, increasing its ownership from 81.96% to 100% [1][2] - The acquisition aims to strengthen the management structure and accelerate profit expansion for the group [2] - Seafood Connection reported net sales of Y130.97 billion ($842.7 million) in 2024, a 3.9% increase from the previous year, with operating income rising 17.7% to Y6.07 billion [2] Company Performance - Maruha Nichiro's financial year ending in March showed a 4.7% increase in net sales to Y1.08 trillion, with operating income up 14.5% to Y30.38 billion [3] - Profit attributable to shareholders rose by 11.6% to Y23.26 billion [3] Strategic Moves - Seafood Connection, headquartered in Urk, Netherlands, operates in ten countries and recently acquired a 70% stake in Van der Lee Seafish [3] - Maruha Nichiro plans to change its trade name to Umios Corp to pursue sustainable growth and transform into a "solution company" [4]
World Class Benchmarking of Maruha Nichiro Corporation
Become A Better Investor· 2025-11-27 00:01
Company Overview - Maruha Nichiro Corporation is the largest seafood company in Japan, competing primarily with Nippon Suisan Kaisha and Kyokuyo Co., Ltd [1] - The company operates subsidiaries in Japan, New Zealand, Australia, the United States, Europe, Asia, and South America [1] - The market capitalization of Maruha Nichiro Corporation is approximately US$1,204 million [1] Performance Metrics - The company achieved a Profitable Growth rank of 6, an improvement from the previous period's rank of 9 [4] - The Profitability rank is 7, which is an improvement from the prior period's rank of 8, but still below average compared to peers [4] - The Growth rank of 2 represents a significant improvement from the previous period's rank of 8, indicating World Class performance compared to peers [4]
Bring Back the Oyster Salon | Meyling Tang | TEDxFrutillar
TEDx Talks· 2025-11-25 17:34
[Música] Este tango fue la canción del verano de 1905 en Valparaíso. ¿Escucharon bien. 1905.teníamos en ese momento un puerto activo, imagínense, barcos en la bahía, hombres y mujeres haciendo negocios, distintos idiomas, distintos sabores. Y en ese puerto, tan como bolita se decía que cuando una compañía de teatro le iba mal en Latinoamérica, bueno, se venían a Valparaíso a hacer el cierre de la gira porque aquí había dinero, era lo mejor de lo mejor en Valparaíso. Buenos restaurantes, buenos hoteles, el h ...
Mowi ASA – Green Bond Mandate Announcement and Fixed Income Investor Meetings
Globenewswire· 2025-11-25 06:30
Company Overview - Mowi ASA is one of the world's leading seafood companies and the largest producer of farm-raised Atlantic salmon, with an estimated harvest of 605,000 tonnes in 2026 from seven countries [2][3] - The company is headquartered in Bergen, Norway, employs 12,300 people across 26 countries, and is listed on the Oslo Stock Exchange [3] - Mowi reported a turnover of EUR 5.6 billion in 2024 [3] Sustainability and Market Position - Mowi is recognized as the most sustainable listed animal protein producer globally, according to Coller FAIRR [3] - The company operates under its own MOWI brand, providing high-quality salmon and other seafood to consumers worldwide [3] Financial Activities - Mowi has mandated several banks to arrange a series of fixed income investor meetings, indicating potential future NOK-denominated senior unsecured green bond issues, swapped to EUR, with a minimum tenor of 5 years [1][2] - The issuance of these bonds is subject to market conditions [2]
Trouble in paradise: Condo threat in wealthy Halifax enclave sparks feud among families of seafood empire
Financialpost· 2025-11-20 11:00
Core Viewpoint - The article discusses a high-stakes development dispute in the affluent Deep South End neighborhood of Halifax, centering on Michael Risley, son of a co-founder of Clearwater Seafoods, and his plans to modify a restrictive covenant on his property, leading to a family feud and community opposition [4][21][31]. Group 1: Development Plans and Community Response - Michael Risley inherited a 1.3-acre estate in Halifax, which is currently governed by a 1941 restrictive covenant allowing only single-family residences [21][22]. - Risley has proposed two options: subdividing the estate into eight single-family lots or lifting the covenant to build a low-rise condominium [24][40]. - The Halifax city administration approved the modification of the covenant, which could allow for significant development on the estate, potentially leading to multiple eight-unit buildings [26][28]. Group 2: Family Dynamics and Business Interests - The dispute involves Michael Risley and his uncle Colin MacDonald, co-founder of Clearwater Seafoods, who opposes the development, citing the need to preserve the neighborhood's character [31][33]. - MacDonald has expressed concerns that the proposed changes would negatively impact the community and has appealed the city's decision to the Nova Scotia Regulatory and Appeals Board [36][39]. - The family feud is compounded by the fact that MacDonald is related to Risley, adding a personal dimension to the business conflict [31][32]. Group 3: Neighborhood Concerns and Broader Implications - Residents of the Deep South End prioritize their privacy and the character of their neighborhood, fearing that increased density will lead to traffic, noise, and a loss of community tranquility [12][39][47]. - The article highlights a broader trend in Halifax, where the city is experiencing rapid growth and a push for increased housing supply, leading to tensions between development needs and community preservation [12][45]. - Neighbors argue that allowing multi-unit buildings contradicts municipal planning strategies aimed at maintaining property values and community character [39][46].