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Biomar is a provider of feed solutions for farmed fish and shrimp to the aquaculture industry. Its operations include feed production, product development, and aquaculture-related services. Geographically, the company has a presence in Norway, Chile, Denmark, Scotland, Spain, France, Vietnam, Greece, Turkey, China, Ecuador, Australia, and Costa Rica, servicing over 90 countries in the world. Its business segments are: Salmon, Shrimp, Selected Species, and Tech Solutions. The majority of revenue is derived from the Salmon segment.
Today, we had the pleasure of hosting an event with CEO Carlos Diaz, who went through the Q3 2026 results and what is driving the raised outlook for the remainder of the year.
At 9:10 AM, the share is trading 2.8% below the price prior to yesterday's upward revision at 3:40 PM; the likely reason is that the guidance only leaves room for an operating profit of 348 MDKK in Q4 vs. the expected 429 MDKK. Q3 of 618 MDKK came in above all estimates, lifting the 2026 estimates.
Yesterday afternoon, before the market closed, BioMar released its Q3 report, which came in significantly better than expected and is furthermore the strongest quarter in the company's history measured by both volume and EBIT. This was accompanied by an upward revision of the guidance for both revenue and earnings for 2026, while the volume guidance was decreased.
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Yesterday, we had the pleasure of hosting an event with CEO Carlos Diaz, who went through the Q2 2026 results and what is driving the raised outlook for the remainder of the year. Furthermore, we discussed how the report highlights that their business model fits well with the current environment of rising prices on marine raw materials
BioMar released its H1 2026 interim report on 12 August 2026, its first as a listed company following the IPO on Nasdaq Copenhagen. On 13 August at 14:30 CEST, BioMar's CEO, Carlos Diaz, will present the results in a live online event, followed by a Q&A session where you can put your questions to management.
