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The latest announcement is out from Austevoll Seafood ASA ( (GB:0DNW) ).
Austevoll Seafood reported Q1 2026 operating revenue of NOK 9.8 billion, effectively flat year-on-year, while adjusted EBITDA and adjusted EBIT posted modest gains, reflecting resilient core operations despite mixed joint-venture performance. Profitability improved sharply, with profit before tax swinging to NOK 814 million from a loss a year earlier, driven in part by a much smaller negative fair value adjustment on biological assets.
Income from associates declined, as Scottish Sea Farms’ harvest volumes fell 36%, pushing up unit costs and reflecting ongoing biological challenges, while Pelagia delivered results in line with last year’s seasonally important first quarter. Net financial expenses increased slightly, but the strong rebound in operating profit and reduced biological asset write-downs bolstered overall earnings, providing a notably stronger outcome for shareholders compared with the prior year.
The most recent analyst rating on (GB:0DNW) stock is a Hold with a NOK90.00 price target. To see the full list of analyst forecasts on Austevoll Seafood ASA stock, see the GB:0DNW Stock Forecast page.
More about Austevoll Seafood ASA
Austevoll Seafood ASA is a Norwegian seafood group with operations spanning aquaculture, pelagic fisheries and processing, supplying farmed and wild-caught seafood products to international markets. The company holds significant interests in joint ventures such as Scottish Sea Farms and Pelagia, reinforcing its position across the salmon farming and pelagic value chains.
Average Trading Volume: 145,928
Current Market Cap: NOK18.16B
For a thorough assessment of 0DNW stock, go to TipRanks’ Stock Analysis page.