Huon Aquaculture Group Limited reports production results for the year ended June 30, 2019. For the year, production volumes were 18,849 tonnes against 22,968 tonnes a year ago.

Huon's forecast of production volumes for fiscal 2020 of at least 25,000 tonnes, provided in its trading update of 6 May 2019, is based on its substantial investment in rebuilding the biomass over 2019. Huon currently has fish in production that will support a 30,000 tonne production in fiscal 2021 which is where the business would have been if it had maintained its planned growth profile of 10% pa, prior to the setback experienced in fiscal 2019.