Netherlands' Kingfish Q2 revenue rises 15% on strong demand

Kingfish NV

30/07/2026 07:09

Overview
Netherlands aquaculture firm's Q2 revenue rose 15% like-for-like yr/yr on strong demand
Average revenue per kg increased 4% yr/yr, reflecting robust pricing for fresh large fish
Company saw lower share of superior-grade fish, impacting product mix; corrective actions underway

Outlook
Kingfish expects product mix to remain affected for the next 6 to 12 months
Company anticipates first benefits of corrective measures in the coming quarter
Kingfish sees continued strong demand for fresh large fish in priority markets

Result Drivers
FOODSERVICE DEMAND - Strong demand from the foodservice market, especially for fresh large fish, supported revenue growth
PRODUCT MIX IMPACT - Lower share of superior-grade fish, especially large fish, adversely affected product mix; corrective measures underway
FROZEN SALES DECLINE - Frozen sales revenue fell 33% yr/yr as company focused on premium segments and value over volume

Company press release: ID:nObix8Q7Pa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
 
EUR 10.4 mln
 

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)