Norway's Nordic Halibut AS Q4 revenue rises 59% yr/yr

Nordic Halibut AS

08/01/2026 12:23

Overview

Norwegian halibut farmer's Q4 sales revenue rose 59% yr/yr to NOK 45.3 mln

Average sales price for Q4 remained consistent yr/yr at 183 NOK/kg

Company progressing with Tingvoll facility construction, operational by 2027

Outlook

Nordic Halibut aims for 10,350 tonnes HOG annual production by 2031

Company plans 4,500 tonnes HOG production target by 2027

Tingvoll facility expected to be fully operational by 2027

Result Drivers

VOLUME INCREASE - Sales volume rose 59% in Q4 2025 compared to the same period in 2024, boosting revenue

STABLE PRICING - Average sales price for Q4 2025 remained consistent with the previous year at 183 NOK/kg

BIOMASS GROWTH - Biomass build-up continued with an 11% net growth in Q4 2025, aiding production scale-up

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
NOK 45.30 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the fishing & farming peer group is "buy"

Wall Street's median 12-month price target for Nordic Halibut AS is NOK30.00, about 50% above its January 7 closing price of NOK20.00

The stock recently traded at 27 times the next 12-month earnings vs. a P/E of 31 three months ago

Press Release: ID:nObihQYzza

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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.)