Salmon Evolution ASA (OSE: SALME) continues the positive trend with stable operations, a fully stocked farm and record biomass production in Q3 2025. Revenues ended at 86.5 NOKm after harvesting 1,387 tonnes HOG. Results were impacted by weak salmon prices and temporary effects on farming costs, with Farming EBITDA ending at -30.6 NOKm and Group EBITDA at -40.5 NOKm.
“Phase 2 is on track, with testing and commissioning starting in less than 30 days,” said Trond Håkon Schaug-Pettersen, CEO of Salmon Evolution. “This is a complete gamechanger, and I am more confident than ever that Salmon Evolution will deliver strong value for our stakeholders and continue to lead the industry forward,” he said.
Highlights:
- Indre Harøy phase 2 progressing according to plan, on track for first smolt release in Q1-26. Testing and commissioning starting in less than 30 days.
- Continuing the positive trend with stable operations and a fully stocked farm. Ending Q3 2025 with a standing biomass of 3,009 tonnes LW and all-time high biomass production.
- Revenues of 86.5 NOKm, farming EBITDA -30.6 NOKm and group EBITDA -40.5 NOKm. Results reflect weak salmon prices and temporary effects on farming costs.
- Harvest guidance of 7,000 tonnes HOG for 2026, up ~50 % compared to expected 2025 volumes. Salmon prices recovering through September with forward prices expectations significantly up during the quarter.
Results presentation:
CEO Trond Håkon Schaug-Pettersen and CFO Trond Vadset Veibust will present the results for the third quarter 2025 at Hotel Continental in Oslo, Norway, Tuesday 11 November 2025 at 08:00 CET.
The presentation and Q&A will be held in English, and participants may also follow the presentation and submit questions through a live webcast available on www.salmonevolution.no, or with the following link: https://events.webcast.no/salmon-evolution/OEpmPDaoyhi5siPjdg0b/73cSNzq6K5jNqbRARNdk
A recording of the webcast will be made available on our website shortly after the presentation.