Grieg Seafood ASA 2024 AR2

The report highlights Grieg Seafood's operations in 2024, a year marked by biological challenges in Finnmark and British Columbia, resulting in a harvest volume of 77,704 tonnes GWT and an operational EBIT of NOK 8 million. To address these challenges, the company launched a comprehensive transformation program, reallocating resources to Norwegian assets and successfully issuing a NOK 2.0 billion hybrid bond in early 2025. Notably, the company advanced its post-smolt strategy, with Rogaland achieving record-high seawater production and Finnmark progressing with its new facility. Additionally, Grieg Seafood expanded its downstream value chain by constructing a secondary processing facility at Oslo Airport, expected to be operational in late 2025.

Company: Grieg Seafood ASA

Sector: Consumer Staples

Country: Norway

Year: 2024

Type: AR2

Pages: 145

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Grieg Seafood ASA

Grieg Seafood ASA 2024 Annual Report

Annual Report

The report highlights Grieg Seafood's operations in 2024, a year marked by biological challenges in Finnmark and British Columbia, resulting in a harvest volume of 77,704 tonnes GWT and an operational EBIT of NOK 8 million. To address these challenges, the company launched a comprehensive transformation program, reallocating resources to Norwegian assets and successfully issuing a NOK 2.0 billion hybrid bond in early 2025. Notably, the company advanced its post-smolt strategy, with Rogaland achieving record-high seawater production and Finnmark progressing with its new facility. Additionally, Grieg Seafood expanded its downstream value chain by constructing a secondary processing facility at Oslo Airport, expected to be operational in late 2025.

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Document Details

Report Year

2024

Reporting Period

Jan 1, 2024 - Dec 31, 2024

Fiscal Year

2024

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Assurance

Assurance Provider

Assurance Standard

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Scope 3:

Women on Board

Women in Management

Workplace Fatalities

Net Zero Target

Employees