Salmon Evolution Doubles Indre Harøy Capacity With Phase 2 Launch

Salmon Evolution ASA ( (DE:60E) ) just unveiled an update.

Salmon Evolution ASA has started operations of phase 2 at its Indre Harøy land-based salmon farming facility and completed the first smolt release, with fish adapting well and feeding underway in line with expectations. Including this new phase, the company plans to release about 2.8 million smolt at the site in 2026, representing roughly a 60% increase from 2025.

Management says phase 2 will more than double Indre Harøy’s capacity and marks a major step-change for the business, leveraging four years of experience from phase 1 to create a larger-scale, more efficient platform. The expanded facility is expected to strengthen Salmon Evolution’s position in sustainable land-based salmon farming while materially boosting cash flow generation and transforming its earnings capacity as volumes ramp up.

The most recent analyst rating on (DE:60E) stock is a Buy with a NOK6.70 price target. To see the full list of analyst forecasts on Salmon Evolution ASA stock, see the DE:60E Stock Forecast page.

More about Salmon Evolution ASA

Salmon Evolution ASA is a Norwegian aquaculture company and a global leader in land-based salmon farming, listed on Oslo Børs under the ticker SALME. The company uses a proprietary hybrid flow-through system to combine advantages of land- and sea-based farming, focusing on biology-first operations and reduced operational and biological risk. Its main facility and global centre of excellence is located at Indre Harøy on Norway’s west coast, a key hub for the global aquaculture industry.

YTD Price Performance: -6.07%

Average Trading Volume: 746,217

Current Market Cap: NOK2.26B

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