Salmon Evolution ASA Announces Strong Q4 2024 Results and Expansion Progress

Salmon Evolution ASA ( (DE:60E) ) has shared an update.

Salmon Evolution ASA reported strong financial results for Q4 2024, with revenues of 149.5 NOKm and a farming EBITDA of 15.3 NOKm, marking a successful end to the year with a new harvest record. The company is on track with its phase 2 expansion at Indre Harøy, expected to release its first smolt in early 2026, indicating robust operational progress and financial stability.

More about Salmon Evolution ASA

Salmon Evolution ASA is a pioneer in land-based salmon farming, utilizing a hybrid flow-through system to optimize growth conditions in a controlled environment. The company is strategically located in Norway’s aquaculture hub and aims to expand internationally with its proof of concept.

YTD Price Performance: 5.24%

Average Trading Volume: 8,285

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €273.3M

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