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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
For a thorough assessment of 60E stock, go to TipRanks’ Stock Analysis page.