Only Ireland’s Salmon seem to be more profitable for producers than Scottish salmon. Here are the main suppliers’ EBIT [Earnings before interest and taxes] per kg:
Ireland 3.40 euros
Marine Harvest Scotland made 198 million euros in the Q2 of 2017, compared to 149 million in Q2 of 2016. That’s a very impressive growth rate in one year of 33%.
According to Marine Harvest Scotland who employ 700 staff on the farms and a further 500 in Rosyth where the fish is processed:
‘This performance, the highest ever for half year results, is largely due to bigger fish and a healthy market thanks to strong demand for salmon….The introduction of wrasse and lumpsuckers has helped reduce sea lice levels. This pioneering work will now be followed by a scaling up of the company’s production, with plans to invest £3.5million in farming cleaner fish. Other measures include the use of a thermolicer, skirts around the salmon farm nets, and hydrolicers, which remove lice from the environment with the help of gentle water pressure.’
This is, in part, explanation as to how Scotland produced 28% of the UK’s food and drink exports with only 8% of the population.