The earnings call highlights the successful divestment of regions and improvements in operational performance and biological conditions in Rogaland. However, challenges remain with low salmon prices and increased farming costs, alongside high financial costs impacting profitability.

Company Guidance

In the call discussing Grieg Seafood's second quarter results for 2025, several key metrics were highlighted. The company completed the divestment of its regions in Finmark, Newfoundland, and British Columbia, achieving NOK 10.2 billion from the sale to Cermaq. This significantly bolstered its capital in line with its transformation program. In Rogaland, Grieg Seafood harvested almost 9,000 tonnes, returning to normalized levels, with an operational EBIT of NOK 91 million or NOK 10.3 per kilo, and NOK 16.5 per kilo when focusing solely on Rogaland. The company anticipates harvesting 8,000 tonnes in Q3 and 30,000 tonnes for the year. The realized price per kilo was nearly NOK 75, down 12% from the previous year, while farming costs increased but remained below the long-term target of NOK 60 per kilo. Additionally, Grieg Seafood reported a net cash flow from operations for continued and discontinued operations of NOK 351 million, and a net cash flow from financing activities of nearly NOK 1.3 billion, primarily due to the issuance of a hybrid bond and repayment of a green bond. The company plans to shift from global to regional focus, prioritizing profitability over growth, and aims for a 50% equity ratio while maintaining a robust balance sheet.

Successful Divestment of Regions

Announced sales agreement with Cermaq, achieving NOK 10.2 billion for operations in Finmark and British Columbia. This reflects asset quality and aligns with the transformation program.

Strong Operational Performance in Rogaland

Harvested almost 9,000 tonnes in Rogaland, returning to normalized levels. Operational EBIT for Rogaland reached NOK 145 million, translating to NOK 16.5 per kilo.

Biological Improvements and Efficiency

Significant improvements in biological conditions, with survival rates increasing from 84% to 89% due to reduced time at sea and better feed ratio.

Cash Flow and Financial Position

Net cash flow from operations at NOK 351 million with a positive contribution from working capital changes. The transaction is expected to close in Q4, ensuring a strong liquidity position.

Grieg Seafood ASA (GRGSF) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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GRGSF Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 13, 2025	2025 (Q3)	-0.04 / -	-0.248	―	―	―
Aug 26, 2025	2025 (Q2)	-0.03 / -0.04	-0.174	79.83% (+0.14)
May 27, 2025	2025 (Q1)	0.07 / 0.04	0.118	-63.57% (-0.07)
Feb 20, 2025	2024 (Q4)	-0.09 / -0.40	-0.168	-139.12% (-0.23)
Nov 27, 2024	2024 (Q3)	-0.19 / -0.25	-0.014	-1700.00% (-0.23)
Aug 21, 2024	2024 (Q2)	0.05 / -0.17	0.303	-157.24% (-0.48)
May 16, 2024	2024 (Q1)	0.10 / 0.12	0.266	-55.78% (-0.15)
Feb 22, 2024	2023 (Q4)	-0.05 / -0.17	0.051	-426.92% (-0.22)
Nov 14, 2023	2023 (Q3)	-0.04 / -0.01	0.081	-117.07% (-0.09)
Aug 25, 2023	2023 (Q2)	0.23 / 0.30	0.652	-53.48% (-0.35)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

GRGSF Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 26, 2025	$6.32	$6.32	0.00%
May 27, 2025	$7.45	$6.86	-7.92%
Feb 20, 2025	$5.90	$5.90	0.00%
Nov 27, 2024	$5.14	$5.36	+4.28%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Grieg Seafood ASA (GRGSF) report earnings?

Grieg Seafood ASA (GRGSF) is schdueled to report earning on Nov 13, 2025, Before Open (Confirmed).

What is Grieg Seafood ASA (GRGSF) earnings time?

Grieg Seafood ASA (GRGSF) earnings time is at Nov 13, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is GRGSF EPS forecast?

GRGSF EPS forecast for the fiscal quarter 2025 (Q3) is -0.04.

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