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Nordic Halibut AS ( (DE:9K1) ) has issued an announcement.
Nordic Halibut AS reported a continued positive trend in sales prices for Q2 2025, driven by strong demand for premium-quality farmed halibut, achieving an 11% YoY increase in average sales price. The company saw a 53% increase in sales volume compared to the same period in 2024, with sales revenue totaling NOK 32 million. Strategic agreements and facility construction are set to enhance operational efficiency and support the company’s scale-up plans, aiming for full control over its value chain and increased production targets.
More about Nordic Halibut AS
Nordic Halibut AS is a leading 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 is focused on expanding production volumes, aiming for 4,500 tonnes HOG by 2027 and 10,350 tonnes HOG by 2031.
Average Trading Volume: 8,790
Current Market Cap: NOK1.07B
For detailed information about 9K1 stock, go to TipRanks’ Stock Analysis page.