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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
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Arctic Fish
Arctic Fish (AFISH) investor relations material
Arctic Fish Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary18 Aug, 2026
Executive summary
Quarterly harvest volumes surged 177% year-over-year to 5,595 tonnes, with YTD volumes at 11,624 tonnes, driving a 158% increase in revenue to €32.5 million compared to Q2 2025.
Operational EBIT improved to negative €3.1 million from negative €4.4 million in Q2 2025, reflecting better cost control and economies of scale, though still negative.
Achieved Global G.A.P. certification, becoming Iceland's first fish farmer to do so and underscoring leadership in sustainable and traceable salmon farming.
Financial highlights
Revenue reached €32.5 million, up from €12.6 million in Q2 2025, mainly due to higher harvest volumes.
Operational EBITDA was negative €0.7 million, an improvement from negative €2.1 million in Q2 2025.
Net loss for the quarter was €10.6 million, with basic EPS at negative €0.24.
Net interest-bearing debt increased to €143.2 million at quarter end.
Cash flow from operations was positive at €3.6 million; net capital expenditure was €2.7 million.
Outlook and guidance
2026 harvest volume guidance remains at 18,000 tonnes, a 22% increase year-over-year.
Cost reduction measures are ongoing, with expectations for lower cost levels ahead.
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Latest events from Arctic Fish
- Record Q1 harvest and EBIT growth drive 2026 guidance up to 18,000 tonnes.AFISH
Q1 2026 - Record harvest and revenue in 2025, but lower EBIT and EPS; 2026 targets 18% volume growth.AFISHQ4 2025
- Record harvests and revenue growth, but low prices led to negative EBIT and net loss.AFISHQ3 2025
- Harvested volumes up 58%, but lower prices led to negative EBIT and a proposed equity increase.AFISHQ2 2025
- Operational EBIT per kg rose year-over-year, with long-term harvest targets reaffirmed.AFISHQ3 2024
- Record EBIT and harvests offset by negative biomass revaluation and lower 2024 outlook.AFISHQ2 2024
- Revenue fell 9% as prices dropped, despite higher volumes and strong biological results.AFISHQ1 2025
- Record EBIT in 2024 and 40% harvest growth targeted for 2025 with secured capacity.AFISHQ4 2024
Next Arctic Fish earnings date
Q3 20264 Nov, 2026
Arctic Fish
Next Arctic Fish earnings date
Q3 20264 Nov, 2026
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Frequently asked questions
Arctic Fish Holding ASA is a seafood company engaged in sustainable aquaculture, primarily focusing on the farming of Atlantic salmon and trout. The company operates in the Westfjords region of Iceland, where it manages the full production cycle, from smolt (young fish) to the harvesting and processing of fish. Arctic Fish emphasizes environmentally friendly and sustainable farming practices, ensuring high-quality fish for international seafood markets. The company supplies its products to various global distributors, retailers, and foodservice providers. The company is headquartered in Isafjordur, Iceland, and its shares are listed on the Oslo Stock Exchange.