The Scottish Salmon Company PLC announced audited earnings and operating results for the fourth quarter and year of 2017. For the quarter, the company reported net operating revenues of £39,895,000 compared to £27,209,000 a year ago. EBITDA before fair value adjustments were £8,650,000 compared to £1,175,000 a year ago. EBIT before fair value adjustments was £6,542,000 compared to LBIT of £994,000 a year ago. NIBD was £38,519,000 against £42,904,000 a year ago.

For the year, the company reported net operating revenues of £150,946,000 compared to £109, 921,000 a year ago. EBITDA before fair value adjustments were £38,669,000 compared to £8, 939,000 a year ago. EBIT before fair value adjustments was £30,476,000 compared to £672,000 a year ago. NIBD was £25,272,000 against £42,904,000 a year ago.

For the quarter, the company harvest volumes were 6,874 tonnes compared with 5,733 tonnes for the same period a year ago.

For the year, the company harvest volumes were 25,272 tonnes compared with 24,342 tonnes for the same period a year ago.

The company will continue its guides on a harvest volume of 26,500 tonnes in 2018.