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An update from Proximar Seafood AS ( (DE:84Q) ) is now available.
Proximar Seafood AS reported its second quarter and first-half 2025 results, highlighting the restoration of full production capacity and operational modules. The company harvested 321 tonnes of salmon in Q2, totaling 643 tonnes for the first half, with a superior grade share of 99.2%. Despite some challenges, including a biofilter incident, Proximar maintained a high survival rate and achieved premium pricing for its Fuji Atlantic salmon. The company also announced a refinancing plan to strengthen its financial position, which includes a rights issue and debt amendments, aimed at enhancing operational flexibility and improving harvest weights.
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 advantages such as reduced costs and carbon footprint due to its proximity to one of the world’s major fish markets.
Average Trading Volume: 255,337
Current Market Cap: NOK162.1M
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