Scottish Salmon Company reports healthy sales for 2011
The Scottish Salmon Company has reported a strong start to 2011, with sales of £25m exceeding expectations for the first three months of the year.
Profits were £6.6m for the quarter, similar to the same quarter in 2010 but on lower volume.
The company said that given the good biological performance so far, harvest volumes for 2011 would be 3-5% above target.
The firm is responsible for about 20% of Scottish salmon production.
It recently opened a processing plant in Stornoway on the Isle of Lewis.
Bill Hazeldean, chief executive of The Scottish Salmon Company, said: "The market has remained strong in early 2011, our new generation of stock currently being harvested has performed exceptionally well, with customer feedback extremely positive on both the yield and quality parameters.
"We have secured new long terms contracts and we are opening up export markets."