Mowi Scotland has reported operational earnings before tax €31.3m during the second quarter, down from €43.6m during the same period last year.

The effects of all-time high harvest volumes and lower costs were offset by rising market spot prices.

Ben Hadfield, chief operating officer for Mowi Scotland, Ireland, Faroes and east Canada, explained: “Our costs decreased from the comparable quarter in 2024 on the back of good biological performance, lower realised feed prices and reductions in other expense items.

“As a farming company we know that focusing on improving fish survival, welfare and product quality will ultimately lead to excellent financial results, and we are now seeing the benefits of this.”

Mowi Scotland also recorded the best fish health for the first six months of this y

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