Norway's Salmon Evolution Q4 revenue at 98.7 mln NOK

Salmon Evolution ASA

24/02/2026 05:40

Overview

Norwegian salmon farmer's Q4 revenue was 98.7 NOK mln amid market price pressure

Company achieved breakeven farming operations net of phase 2 ramp-up costs

Indre Harøy phase 2 on track, first smolt release scheduled for week 17

Outlook

Salmon Evolution plans to release 2.8 million smolt in 2026, up 65% from 2025

Indre Harøy phase 2 is on track, first smolt release scheduled in week 17

Company anticipates stronger market in 2026 despite current price pressures

Result Drivers

MARKET PRICE PRESSURE - High supply growth continued to pressure market prices, affecting financial results

PHASE 2 PROGRESS - Indre Harøy phase 2 is on track with first smolt release scheduled for week 17

BREAKEVEN OPERATIONS - Farming operations achieved breakeven net of phase 2 ramp-up costs

Company press release: ID:nMFN9fxQd0

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
NOK 98.70 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "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 Salmon Evolution ASA is NOK7.10, about 49.8% above its February 23 closing price of NOK4.74

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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.)