Faroese/Norwegian salmon giant Bakkafrost is dead in the warming waters of Scotland! Financial results published today reveal an 82% fall in Q4 revenue & DKK 277 million (£32 million) costs of incident-based mortality in 2023 https://t.co/GWRhgT3Av4 @NFdep @ScotlandSalmon pic.twitter.com/JzdWWkModA
— Don Staniford (@TheGAAIA) February 20, 2024
I'm no forensic accountant but Bakkafrost's Q4 2023 financial results (20 February 2024) reads to me like an obituary for Scottish salmon:
Euphemism for 'We are completely f***ed in Scotland':
— Don Staniford (@TheGAAIA) February 20, 2024
"In Scotland our journey to robust operation is still in progress" says Bakkafrost's CEO Regin Jacobsen https://t.co/UfXQdb6CBK @ScotlandSalmon @NFdep @ScotGovMarine
Bakkafrost's Q4 2023 report cited "difficulties" in Scotland due to higher seawater temperatures and "major problems" including micro-jellyfish:
Bakkafrost Scotland "faced difficulties during the fall when the seawater temperatures were higher & biological hazards also rise....major problems in recent years mainly because of micro-jellyfish & other factors that damage the gill health of the fish" https://t.co/GWRhgT3Av4 pic.twitter.com/BI4AJRfQHB
— Don Staniford (@TheGAAIA) February 20, 2024
Read more via:
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