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Arctic Fish Holding AS ( (DE:6TW) ) has issued an announcement.
Arctic Fish Holding AS reported its strongest operational EBIT in 2024, with fourth-quarter harvested quantities reaching 3,456 tonnes, a notable increase from the previous year. However, the operational EBIT per kilogram decreased compared to last year. The company reiterated its long-term harvest volume target of 25,000 tonnes by 2029, supported by secured smolt capacity through both internal and external sources. This announcement underscores the company’s growth trajectory and its commitment to meeting future production targets, which may positively impact its market positioning and stakeholder confidence.
More about Arctic Fish Holding AS
Arctic Fish (AFISH) is a leading salmon farming company located in Iceland. The company operates a sustainable value chain from smolt production to sales, with a production capacity of 29,800 tonnes MAB across 10 farming areas in five fjords in the Westfjords of Iceland. Arctic Fish’s operations include advanced hatching and smolt production facilities, high-capacity sea sites, and a state-of-the-art harvesting facility.
YTD Price Performance: -6.03%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €187.4M
Learn more about 6TW stock on TipRanks’ Stock Analysis page.