- Benchmark said its performance for the six months to 31 March was broadly in line with the board's expectations.

Benchmark said during the period it signed a joint venture agreement with SalMar ASA, through which it would provide genetics, health and knowledge services to the world's third largest salmon producer.

It said this was an important acknowledgement of Benchmark's technology, and exemplifies its strategy to provide a suite of technology solutions to the aquaculture industry.

It also said that construction of the group's new salmon egg production facility in Norway continued on schedule and good progress was made in Advanced Animal Nutrition towards the goal of delivering 100% live replacement for feeding juvenile shrimp, a key to unlocking future growth potential for the industry.

Chief executive Malcolm Pye said: "The agreement with SalMar is an example of the value we can deliver to our customers by aggregating leading technologies to provide integrated solutions to the issues faced by the food production industry.

"There are a number of technologies in the later stages of development that we are particularly excited about, and we look forward to delivering these, through our distribution networks, including into the significant Asian and Latin American shrimp and tilapia markets."

At 9:29am: [LON:BMK] Benchmark Holdings Plc Ord 0.1p share price was -10p at 81.5p

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