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Nordic Halibut AS ( (DE:9K1) ) has issued an update.
Nordic Halibut AS reported a notable increase in production and sales in Q2 2025, with a 15.4% rise in biological asset production and a 112% increase in harvested volume compared to the previous year. Despite these gains, the company recorded a net income loss of NOK 41 million, while progressing with the development of a new production site in Torjulvågen, indicating a strategic focus on future growth.
More about Nordic Halibut AS
Nordic Halibut AS is a prominent Atlantic halibut farming company based in Western Norway, with headquarters in Averøy, Nordmøre. The company boasts a fully integrated value chain from genetics to sales and has achieved significant advancements in early phase production. It aims to expand production volumes to 4,500 tonnes HOG by 2027 and 10,350 tonnes HOG by 2031, focusing on organic growth to enhance shareholder value.
Average Trading Volume: 5,342
Current Market Cap: NOK1.12B
Learn more about 9K1 stock on TipRanks’ Stock Analysis page.