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Andfjord Salmon AS ( (DE:50R) ) just unveiled an update.
Andfjord Salmon has successfully completed the inlet waterway at its Kvalnes facility, a crucial step in its large-scale salmon production. This infrastructure will supply fresh, clean seawater to the pools, supporting a future production capacity of 48,100 tonnes. The company is also progressing with the development of a new harbour and construction of four pools, with plans to release smolt in September 2025.
More about Andfjord Salmon AS
Andfjord Salmon, located at Andøya in the Arctic Archipelago of Vesterålen, Norway, is pioneering a sustainable and fish-friendly aquaculture facility. The company integrates ocean and land-based salmon farming through a proprietary flow-through system, achieving high survival rates and efficient feed conversion.
Average Trading Volume: 78,386
Current Market Cap: NOK3.05B
Learn more about 50R stock on TipRanks’ Stock Analysis page.