)
Investor Relations14 Oct 2025
Boost Your Earnings Season Strategy With Real‑Time Alerts
Quartr Pro provides real time alerts, trend analysis and live coverage, giving analysts and investors instant insights to act faster in earnings.
Måsøval (MAS) investor relations material
Måsøval Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary19 Aug, 2025
Executive summary
Q2 2025 revenue was NOK 869 million, down from NOK 1,028 million year-over-year, mainly due to lower salmon prices despite stable harvest volumes at 8,538 GWT.
Operational EBIT dropped to NOK 28 million from NOK 315 million, reflecting margin pressure across segments.
Net profit for the period was NOK 104 million, up from NOK 99 million, aided by a NOK 181 million fair value adjustment of biomass.
High sea lice pressure and biological challenges impacted operations, but improved control and MAB flexibility were noted.
Strategic projects included a new educational licence and a long-term smolt supply agreement.
Financial highlights
Group operational EBIT margin dropped to 3.2% from 30.7% year-over-year.
Average sales price per kg salmon declined to NOK 71.8 from NOK 100.4 year-over-year.
Net interest-bearing debt stood at NOK 2,096 million, down NOK 12 million sequentially.
Equity ratio improved to 35.7% from 35.3% in the previous quarter.
Cash flow from operations was NOK 116 million, supported by lower inventories and higher payables.
Outlook and guidance
Full-year 2025 harvest guidance is 28,100 tonnes, with 5,900 tonnes expected in Q3.
Underlying farming costs expected to decrease in Q3, especially in the Mid region.
CAPEX guidance for 2025 is MNOK 230.
Salmon futures for Q3 2025 are NOK 60.23/kg, with average 2025 forward price at NOK 74.72/kg.
About 30% of 2025 harvest is from co-location agreements.
How will Havbruksmeldingen impact Måsøval?
What's driving Farming Co-location's EBIT decline?
What's the status of TL52's China export?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Måsøval earnings date
Q3 202518 Nov, 2025
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
Related articles
)
Edge3 Oct 2025
Epiroc: A Culture of Moving Mountains
From automation to electrification, Swedish industrial giant Epiroc is leading a transformation in how the world mines.
)
Company Research22 Sep 2025
Moody's: Shaping Global Credit
Explore Moody's evolution from publishing manuals to becoming a giant in credit ratings, guiding issuers, investors, and regulators worldwide.
Frequently asked questions
Måsøval AS is a Norwegian aquaculture company specializing in the production and sale of farmed Atlantic salmon. The company operates along the Norwegian coast, benefiting from the region’s cold, oxygen-rich waters, which create optimal conditions for sustainable salmon farming. Måsøval's production facilities yield significant output, serving markets both in Norway and internationally. Måsøval is headquartered in Frøya, Norway, and its shares are listed on the Oslo Stock Exchange.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage