Andfjord Salmon: Solid fish farming performance | Q3 2025 financial results
Andfjord Salmon Group AS ("Andfjord Salmon" or “the company") today provides an update on its fish farming operations, which are experiencing stable biological conditions, high survival rates and healthy growth, and presents the company’s third quarter financial results.
During September and October, Andfjord Salmon re-initiated fish farming operation at Kvalnes, Andøya. A total of approximately 1.1 million smolt were released in pool K0 (350,000) and pool K1 (750,000).
“The biological conditions have remained stable in both pools following smolt release. In pool K0, the fish growth is more than 30 percent ahead of Skretting’s growth table for ocean net pen. Solid growth in combination with high survival rates result in rapid ramp-up of biomass. We are very pleased with our fish farming performance so far," says Martin Rasmussen, CEO of Andfjord Salmon.
PRESENTATION AT 08:00 (CEST) TODAY
Andfjord Salmon will provide an operational update and present the company's third quarter 2025 results at 08:00 today. The webcast presentation can be viewed from this URL:
https://qcnl.tv/p/GieayTPCEQETvAYTdKY7hA
The presentation material and third quarter 2025 report are enclosed to this announcement.
Contacts
Investors: Bjarne Martinsen, CFO
Andfjord Salmon Group AS
Tel:
About Andfjord Salmon
Located at Andøya on the Arctic Archipelago of Vesterålen, Norway, Andfjord Salmon is developing the world’s most sustainable and fish-friendly aquaculture facility of its kind. Through a proprietary flow-through system, Andfjord Salmon combines the best from ocean and land-based salmon farming. In its first production cycle, the company achieved an industry-leading survival rate of 97.5 percent, feed conversion ratio of 1.05, superior share of 91.1 percent, and required 1 kWh to produce one kilo of salmon. For more information, see www.andfjordsalmon.com.
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