Måsøval - Q2 25 report
Sistranda 19.08.2025
Operational control facing second half of 2025
The Måsøval Group harvested 8.538 GWT in the second quarter, yielding revenues of MNOK 869.
EBIT per kilo of NOK 4.0 in farming segment contrasts with stellar margins of NOK 41.3 in the same quarter last year.
Anders Hagestande, CFO of Måsøval, comments the results; “Lower margins are a consequence of significantly lower salmon prices in the second quarter this year compared to last year. Global salmon supply grew high this quarter, resulting in weak market fundamentals as the value chain adapts to the increasing supply of salmon.”
Growth initiatives
During second quarter, the Måsøval Group took important growth initiatives. Following a successful tender process in Q1, Møre og Romsdal County selected Måsøval to operate the educational licence at Hustadvika High School. During Q2, the Group obtained all necessary approvals and was set to operate the license from August 1st.
The Group has also secured a strategic smolt collaboration with Nekton, ensuring 2.4 million smolts annually from 2027 to 2032. Through our long-term collaboration with Nekton, dating back to 2006, we have developed an operational integration that can now be further enhanced under this agreement.
Well positioned for a challenging season
“Looking ahead from Q2, we are entering a rough period. Sea temperatures are high this summer, sea lice pressure in our regions (5 and 6) is higher than in the same period last year, and spot prices remain low. Despite these headwinds, we are well positioned to perform at our best. So far, we have better control of sea lice than last year, despite a more difficult environment. During Q2, we optimized the new well boat, which is now performing well and has increased treatment capacity compared to last year. Due to MAB flexibility with lower biomass in sea and a new license, together with improved fish health, we can postpone some harvesting and use our well boats for treatments instead of transport. Our focus remains on fish health and welfare”, says Anders Hagestad, CFO of Måsøval.
The Group guides an annual harvest of 28.100 GWT in 2025, which is up from the 25.000 GWT harvested in 2024.
Måsøval's CFO, Anders Hagestande, will present the results in Norwegian on August 19 at 08:00 at Britannia Hotel in Trondheim, in the “Margrete” meeting room. The presentation can also be followed via this link: https://channel.royalcast.com/landingpage/hegnarmedia/20250819_7/
The presentation and report are attached in this notification.
Forward looking statements:
This release may be deemed to include forward-looking statements, including statements relating to Måsøval's goals and strategies, salmon prices, the ability to increase or vary harvest volume, production capacity, trends in the seafood industry, restructuring initiatives, business prospects and positioning with respect to market, demographic and pricing trends, strategic initiatives, and the effects of any extraordinary events and other matters (including developments in laws, regulations and governmental policies regulating the industry, as well as changes in accounting policies, standards and interpretations) on Måsøval's business and results. Forward-looking statements are Måsøval's current estimates or expectations of future events or future results. Actual results could differ materially from those indicated by these statements because their realization is subject to many risks and uncertainties. All forward-looking statements included in this release are based on information available at the time of the release, and Måsøval assumes no obligation to update any forward-looking statement.
Contacts
Anders Hagestande, CFO, Måsøval AS, +47 415 82 138, anders.hagestande@masoval.no
Helge Kvalvik, CEO, Måsøval AS, +47 97 97 97 72, helge.kvalvik@masoval.no
About Måsøval
Måsøval is a fully integrated producer of Atlantic salmon with more than 50 years of operational experience. Based on the island of Frøya in Central Norway, the company controls the entire value chain -from smolt production to sea-based farming, harvesting, processing, and global sales.
This integrated model ensures full control, operational efficiency, and consistent delivery of premium Atlantic salmon to the global market. Måsøval is committed to sustainable growth, fish welfare, and long-term value creation.
This information is subject to disclosure under the Norwegian Securities Trading Act, §5-12. The information was submitted for publication at 2025-08-19 06:00 CEST.
Bifogade filer