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The latest update is out from Proximar Seafood AS ( (DE:84Q) ).
Proximar Seafood experienced a significant operational incident resulting in the loss of approximately 170,000 fish, which were scheduled for harvest in Q4 2025. This incident, caused by a malfunction in the circulation pumps and human error, is expected to reduce the harvest by about 550 tonnes, impacting the company’s financials by approximately MNOK 12. However, the freed tank capacity may allow for production optimization, potentially increasing average harvest weight and positively impacting pricing. The company estimates a net reduction in harvest volume of approximately 350 tonnes, with a total harvest of around 3,000 tonnes anticipated for 2025.
More about Proximar Seafood AS
Proximar Seafood is a Norwegian company specializing in land-based salmon farming, with its first production facility located at the foot of Mount Fuji in Japan. The company focuses on producing fresh Atlantic Salmon using high-quality groundwater, offering significant advantages in terms of cost and carbon footprint due to its proximity to major fish markets.
Average Trading Volume: 200,182
Current Market Cap: NOK446.4M
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