Grieg Seafood ASA ( (GRGSF) ) has released its Q2 earnings. Here is a breakdown of the information Grieg Seafood ASA presented to its investors.
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Grieg Seafood ASA is a leading salmon farming company operating primarily in the aquaculture sector, known for its sustainable farming practices and focus on biological performance. In its latest earnings report for Q2 2025, Grieg Seafood highlighted a significant strategic shift with the sale of its Finnmark and Canadian operations to Cermaq Group for NOK 10.2 billion, aiming to streamline its business and strengthen its financial position. The company reported a harvest volume of 8,850 tonnes from continued operations, with an operational EBIT of NOK 91 million, reflecting improved production efficiency despite lower market prices. The divestment is expected to enhance financial flexibility, allowing Grieg Seafood to focus on its core operations in Rogaland, Norway, where it plans to achieve a harvest volume of 30,000 tonnes for the full year 2025. Looking ahead, Grieg Seafood is committed to optimizing shareholder value and maintaining a strong financial foundation, with a clear focus on operational efficiency and sustainable growth in its Rogaland operations.