- Growth in the sea has been very good, paving the way for increased volume, with a higher share of superior quality fish, and positive cost development in the second half of the year.
- As expected, the second quarter was marked by weak price achievement due to a high proportion of downgraded fish, particularly in Central Norway.
- Operational EBIT for Norway was NOK 696 million in Q2 2025. The harvest volume was 54,500 tonnes, and operational EBIT per kg was NOK 12.8. Group operational EBIT was NOK 524 million in Q2 2025. The harvest volume was 64,500 tonnes, and the EBIT per kg was NOK 8.1.
- Strong biological performance from Northern Norway with positive cost development during the period.
- Very good results from Sales and Industry driven by positive contributions from contracts and capabilities in our set-up.
- SalMar Ocean completed harvest from both units.
- Continued high cost on harvested fish from Icelandic Salmon.
- Results from Scottish Sea Farms were impacted by lower salmon prices, despite continued good biological performance.
“In short, we are pleased with the biological development during the quarter. This lays the foundation for increased volume and positive cost development in the second half of the year. Financially Q2 2025 was weak, as expected, due to poor price achievement in the quarter,” says Frode Arntsen, CEO of SalMar ASA.
Strengthening our presence in Norway and increases access to sustainable financing
The merger between Wilsgård AS and SalMar was completed …