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Salmon Evolution
Salmon Evolution (SALME) investor relations material
Salmon Evolution Q3 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 TU earnings summary8 Oct, 2026
Executive summary
Q3 net biomass growth was 1,984 tonnes LW; operations were stable with minimal mortality, while an underperforming Phase 1 group affected ~25% of available tank capacity and was fully harvested by quarter-end.
Phase 2 growth was on plan; priorities were improving Phase 1 growth and executing the Phase 2 ramp-up.
Financial highlights
Q3 harvest was 1,597 tonnes HOG, up 15% YoY; all-in price realization was ~NOK 65/kg, up ~7% YoY, with a 94% superior share.
Outlook and guidance
Phase 1 Q4-26 harvest weights are expected in the mid-to-high end of the 3–4 kg HOG range.
Monthly Phase 2 smolt stocking from Q4-26 is intended to support a 7,900-tonne HOG run-rate after a 12-month ramp-up; the combined Phase 1 and 2 target is 14,600 tonnes HOG by mid-2027.
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Latest events from Salmon Evolution
- 945 tonnes HOG harvested; production targets a 14,600-tonne run-rate by mid-2027.SALME
Q2 2026 TU - Q2 2026 marked by weak prices and losses, but strong production growth and cost improvements expected.SALMEQ2 2026
- Phase II launch and operational gains drove record harvests and improved financials.SALMEQ1 2026
- Q1 2026 harvest reached 1,765 tonnes HOG at ~84 NOK/kg, with growth set to accelerate in H2.SALMEQ1 2026 TU
- Record Q2 harvests and strong prices drive momentum for continued growth into Q3 2024.SALMEQ2 2024 TU
- Q3 harvest reached 680 tonnes HOG at NOK 72/kg, with 98% superior grade and strong Q4 outlook.SALMEQ3 2024 TU
- Record biomass growth and stable operations support higher 2025 harvest guidance.SALMEQ1 2025 TU
- Harvest volumes, weights, and prices rose in Q3 2025, with strong outlook for 2026.SALMEQ3 2025 TU
- Record Q4 harvest, strong margins, and phase 2 expansion fully funded and on schedule.SALMEQ4 2024
Next Salmon Evolution earnings date
Q3 202628 Oct, 2026
Salmon Evolution
Next Salmon Evolution earnings date
Q3 202628 Oct, 2026
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