SACAM: Trading Update Q2 2023
Consolidated harvest volumes in Q2 2023 for Salmones Camanchaca were 6,423 MT:
- Atlantic 6,423 MT with an average weight of 5.0 Kg and an ex-cage cost of USD
- No harvest in Coho
Sales during Q2 2023 were approximately 6,700 MT of Atlantic and 1,200 MT of
Atlantic harvest estimates for 2023 is maintained at 44,000 - 46,000 MT and for
CohoŽs 2023 season at 10,000 - 12,000 MT, including 4,000 MT expected to be
harvested in January 2024.
All harvest and sales volumes are provided in whole fish equivalent (WFE).
The full Q2 2023 report will be released on 16 August 2023.
For more information, please contact:
Alvaro Marín, Head of IR, [email protected]
Fernanda Peñailillo, IR, [email protected]
Investor Relations, [email protected]
About Salmones Camanchaca
Salmones Camanchaca S.A. is a vertically integrated salmon producer engaged in
breeding, egg production, recirculating hatcheries for Atlantic salmon and
pass-through or lake hatcheries for Pacific salmon (Coho) salmon and Trout, fish
farming sites in estuary, fjord and oceanic waters used mainly for Atlantic
salmon, primary and secondary processing, and marketing and sales of Atlantic
and Coho salmon through five sales offices in its main markets.
The production target for 2023 is in the range of 54-58,000 MT WFE. The total
production capacity for both Atlantic and Coho salmon is 65-70,000 MT WFE. The
Company participates in trout farming through a one third share of a joint
venture, which uses Salmones Camanchaca farming sites in coastal-estuarine
waters, and currently plans to harvest an average of 9,000 MT WFE per year until
Salmones Camanchaca has 1,800 employees on average, 60% of whom work in its
secondary processing and value-added plant. Markets for Atlantic salmon are led
by the USA, Mexico and Japan, with approximately 30% of sales going to emerging
markets in a variety of fresh and frozen formats.
This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and is subject to the disclosure requirements pursuant
to Section 5-12 the Norwegian Securities Trading Act. This stock exchange
release was published by Alvaro Marín, Head of IR, Salmones Camanchaca on 20
July 2023 at 23:00 CEST.