)
)
Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Bakkafrost
Bakkafrost (BAKKA) investor relations material
Bakkafrost Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary2 Nov, 2026
Executive summary
Q3 revenue was DKK 1,681m, flat YoY; operational EBIT rose to DKK 128m from DKK 22m and net profit to DKK 191m from DKK 77m.
Q3 harvest fell 10% YoY to 27,634 tonnes, while 9M harvest rose 13% to 88,865 tonnes.
Stronger FOF and Faroese results offset continued Scottish losses and lower Scottish harvest volumes and weights.
Financial highlights
Q3 operational EBITDA was DKK 325m and EBIT DKK 323m, including a positive DKK 231m fair-value adjustment of biological assets.
9M revenue was DKK 5,620m versus DKK 5,160m; operational EBIT was DKK 944m versus DKK 592m, and net profit was DKK 337m versus a DKK 67m loss.
Q3 operating cash flow was DKK 149m versus DKK 245m YoY; 9M operating cash flow rose to DKK 875m from DKK 631m.
Outlook and guidance
2026 harvest guidance remains 117,000 tonnes: 97,000 in the Faroe Islands and 20,000 in Scotland; 2027 guidance is 125,000 tonnes, including 97,000 in the Faroe Islands and 28,000 in Scotland.
2027 smolt transfers are planned at 32.5m: 21m in the Faroe Islands and 11.5m in Scotland; feed production is targeted at 185,000 tonnes versus 170,000–175,000 in 2026.
2027 contracts are planned to cover 15–25% of expected harvest.
The DKK 5.0bn 2026–2030 investment plan supports a 2030 harvest target of 162,000 tonnes.
Global salmon supply is forecast to decline 3% in Q4 2026 and remain flat in H1 2027, with ~2% growth in H2.
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.Research faster. Power your platform.
Latest events from Bakkafrost
- Strong Faroes results and margin gains offset Scotland's losses, driving robust earnings growth.BAKKA
Q2 2026 - Revenue and EBIT rose on Faroe Islands growth, but margins face pressure from rising costs.BAKKAQ1 2026
- Q4 2025 delivered record harvests, higher profit, and a positive 2026 outlook amid global demand.BAKKAQ4 2025
- Lower EBIT and profit amid weak prices and Scottish disease costs, but harvests and investments rose.BAKKAQ3 2025
- Targeting 162,000t harvest by 2030 with 10.8% CAGR, DKK 5bn capex, and strong sustainability focus.BAKKACMD 2025
- Q3 2024 revenue and EBIT fell on lower prices and ISA, but harvests and cash flow improved.BAKKAQ3 2024
- Q2 2024 delivered strong revenue and EBIT growth, but net profit stayed negative.BAKKAQ2 2024
- 2025 guidance targets 97,000 tonnes harvest and major capacity expansion amid cost focus.BAKKAQ4 2024
- Lower prices and fair value losses drove profit down, but all segments returned to profitability.BAKKAQ1 2025
Next Bakkafrost earnings date
Q4 202615 Feb, 2027
Bakkafrost
Next Bakkafrost earnings date
Q4 202615 Feb, 2027
AI chat
Ask anything. Verify everything.
Ask across every event and document from public companies. Each answer links back to the exact line in the transcript, slide or filing it came from.Learn moreFind what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.)
Trust every finding
50m+ first-party documents. Every output traceable to its source.Find what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.Trust every finding
50m+ first-party documents. Every output traceable to its source.Automations
Zero in on what matters
Define the prompt once. It runs the moment a company publishes or on a schedule you set. Outputs map to the exact signals you choose.Learn more)
Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.)
Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Live audio & transcripts
Be first
Join any earnings call live in one click, with no manual registration. Follow the transcript as it happens and jump straight to the moments that matter.Learn more)
Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.)
Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Quartr MCP connects your AI environment to 17K+ public companies
Pull live transcripts, filings, and slides into Claude or Codex via MCP. Combine Quartr's global IR data with any other dataset. Run agentic research and monitoring.
Included with Quartr Pro at no extra cost.Learn more
Quartr's AI stands out because it only pulls clean, first-party data from public companies. In investing, that's everything.
Jamie Ross
Investment Manager, GAM Investments
GAM
GAM
Research that used to take hours now takes seconds with Quartr Pro. Tracking shifts in tone or extracting tables, it's as simple as typing a query.
Tom O'Hara
Investment Director
Ciena
Ciena
Before Quartr we spent hours manually compiling insights through the peer earnings cycle. Now, these tasks are done faster, with greater precision.
Gregg Lampf
VP of Investor Relations
Protean
Protean
Being able to ask specific questions across years of transcripts and reports and instantly get verified answers is a game-changer.
Pontus Dackmo
CEO & Investment Manager
)
)
Frequently asked questions
P/F Bakkafrost produces and sells salmon products under the Bakkafrost and Havsbrún brands in North America, Western Europe, Eastern Europe, Asia, and internationally. It offers fresh salmon for human consumption that include whole fish, fillets, portions, steaks and other value-added product lines; frozen products comprising fillets, steaks and minced meat; and downgraded products that comprise minced meat, surimi based fillet sticks incorporating smoked salmon mince, breaded shrimp rings, smoked mackerel fillets/sticks/mince and minced mince. The company was founded in 1968 and is headquartered in Glyvrar, Denmark.