“We delivered solid operations across all segments in the second quarter, resulting in an operational EBIT of NOK 680 million in the quarter. The quarter clearly illustrates the robustness of our business model with a fully integrated value chain in a diversified seafood company,” says CEO of Lerøy Seafood Group ASA (LSG), Henning Beltestad.
FARMING – STRONG BIOLOGICAL PERFORMANCE BUT LOW PRICES FOR SALMON AND TROUT.
Operational EBIT in the second quarter of 2025 ended at NOK 256 million in the Farming segment.
“LSG achieved its highest net growth ever for a second quarter. Survival rates are high, the share of superior quality is high, and the average harvest weight has increased, while cost per kg is declining. This is due to a very strong biological performance. We see a more challenging start to the third quarter, where high sea temperatures in Norway imply increased biological risk. The guided harvest volume of salmon and trout for 2025 remains at 195,000 GWT.
Low prices for salmon and trout, driven by strong supply growth, …