Biofish Holding AS ( (DE:9R2) ) has issued an announcement.
BioFish Holding AS reported strong operational performance in the fourth quarter, delivering 155 tons of smolt and post-smolt, generating NOK 12.2 million in revenue. The company completed key milestones, including the acquisition of BioFish Land, facility upgrades, and securing long-term agreements with top-tier salmon farmers. A significant contract was secured to deliver 1.2 million post-smolt annually in 2026 and 2027, contributing to a favorable outlook for 2025. BioFish expects to deliver 900-1,100 tons in 2025, with improvements in operations and organization anticipated to enhance cash flow and profitability. A strategic review is underway to explore growth opportunities without the need for additional capital.
More about Biofish Holding AS
BioFish is a Norwegian independent producer specializing in high-quality smolt and post-smolt. The company operates a RAS production facility in Ljones, near the Hardangerfjord on Norway’s west coast, with numerous fish farming sites located within a day’s transport.
YTD Price Performance: 32.50%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €12.03M
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