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Kingfish Zeeland BV ( (DE:93G) ) has issued an update.
The Kingfish Company reported a 41% increase in sales volume and a 31% rise in revenue for the first half of 2025, driven by strong demand for its sustainable yellowtail kingfish. Despite the growth, the company faces challenges with lower revenue per kilogram and increased operational costs, leading to a strategic decision to scale back fresh product sales in the U.S. due to unfavorable economic conditions. The company remains committed to the U.S. market and aims to achieve positive operational EBITDA and cash flow by 2026.
More about Kingfish Zeeland BV
The Kingfish Company N.V., based in the Netherlands, is a pioneer in sustainable land-based production of yellowtail kingfish. The company focuses on producing high-quality fish with a commitment to sustainability and has a strategic interest in the U.S. market.
Average Trading Volume: 12,015
Current Market Cap: NOK784.8M
For detailed information about 93G stock, go to TipRanks’ Stock Analysis page.