Marine Harvest, the world’s largest producer of farmed salmon, has reported a jump in first-quarter operating profit.

In a trading update, the company said yesterday (14 April) that its operational EBIT during the first quarter of 2011 was “approximately” NOK960m (US$177.6m). The figure compared to the NOK608m generated a year earlier.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

The Norway-based firm also said its harvest volumes in the first quarter reached 76,000 tonnes, beating the company’s forecast of 73,000 tonnes that it made when it posted its 2010 annual results earlier this year.

A Marine Harvest spokesman declined to comment further ahead of the company’s first-quarter results, which are published on 11 May.

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now