Lerøy Seafood Group sees unusually strong fish growth and improving farming conditions, which could let it deliver bigger harvests than many expect. Falling costs in one key region add to the upside, though higher debt and interest costs could eat into profits.Read more
Lerøy is betting that smarter fish farming and tighter control from sea to store can cut waste, improve quality, and open doors to new customers who care about where their food comes from. But the same business still faces costly surprises from disease, weather, regulation, and shifting tastes that could squeeze profits when fish prices cool.Read more
Catalysts About Lerøy Seafood Group Lerøy Seafood Group is an integrated seafood company involved in salmon and trout farming, wild catch and value added processing and distribution. What are the underlying business or industry changes driving this perspective?Read more
Lerøy Seafood Group ASA produces, processes, markets, sells, and distributes seafood products. The company operates in three segments: Wildcatch; Farming; and Value-Added Processing, Sales, and Distribution. It offers salmon and trout, whole fish, fillets, portions, smoked, graved, block, cured, ready-to-eat, and ready-to-cook products. The company also catches and processes various whitefish, including fresh and frozen options, as well as products comprising shrimp, crab, and mussels. In addition, it provides seaweed products and value-added products, such as breaded fish, burgers, patties, and other ready-to-cook or ready-to-eat seafood products; and crustaceans and molluscs, seaweed, and fresh and frozen consequence products for industrial processing. The company markets its products primarily under the Norway Seafoods, Arctic Supreme, Fjord Trout, Aurora Salmon, Fossen, Sea Eagle, Lerøy, and M?r brands to supermarkets, restaurants, canteens, hotels, wholesalers, retailers, food service companies, and industrial customers. It operates in the European Union, Norway, Asia, rest of Europe, the United States, Canada, and internationally. The company was founded in 1899 and is headquartered in Bergen, Norway. Lerøy Seafood Group ASA operates as a subsidiary of Austevoll Seafood ASA.
