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Arctic Fish Holding AS ( (DE:6TW) ) has issued an announcement.
Arctic Fish Holding AS reported a 9% decrease in quarterly revenues to 22.1 million EUR due to market conditions affecting pricing. Despite this, the company saw a significant increase in harvested volume and strong biological performance, although operational EBIT per kilogram dropped significantly compared to the previous year. These results indicate challenges in market pricing but also highlight operational growth and efficiency improvements.
More about Arctic Fish Holding AS
Arctic Fish (AFISH) is a leading salmon farmer in Iceland, focusing on a sustainable value chain from smolt to sales. The company has a production capacity of 29,800 tonnes MAB and operates across 10 farming areas in the Westfjords of Iceland, utilizing advanced facilities and equipment to support its growth objectives.
Average Trading Volume: 2,687
Current Market Cap: NOK1.8B
For an in-depth examination of 6TW stock, go to TipRanks’ Stock Analysis page.