Bakkafrost: Q2 2025 Trading Update
FARMING
In Q2 2025, the harvest volumes for Bakkafrost's operation in the Faroe Islands and Scotland were:
| Region
| Month
| Harvest volume (thousand tonnes) | Average weight (kg) |
| Faroe Islands | April | 6.4 | 5.1 |
| May | 5.6 | 4.9 | |
| June | 4.1 | 4.8 | |
| Q2 total | 16.0 | 5.0 | |
| Scotland | April | 1.9 | 6.2 |
| May | 2.4 | 5.8 | |
| June | 2.2 | 5.6 | |
| Q2 total | 7.0 | 5.9 |
All harvest volumes are provided in head-on gutted (HOG) equivalents.
Based on preliminary numbers, Q2 2025 incident-based mortality costs in the farming segments are estimated to be:
- Faroe Islands: 0 mDKK
- Scotland: 27 mDKK
FRESHWATER
The smolt release in Q2 2025 was:
- Faroe Islands: 5.4 million
- Scotland: 0.9 million
FISHMEAL, OIL AND FEED (FOF)
In Q2 2025, the volumes sourced and sold in the FOF segment where (in thousand tonnes):
| Month | Marine raw material sourcing | Feed sales | Fish meal sales | Fish oil sales |
| April | 69.7 | 10.6 | 3.6 | 0.0 |
| May | 60.5 | 14.0 | 3.9 | 0.0 |
| June | 29.3 | 12.9 | 1.5 | 0.0 |
| Q2 Total | 159.5 | 37.5 | 9.0 | 0.0 |
The full Q2 2025 report will be released on 26 August 2025 at 06:00 CET.
Contacts:
· Regin Jacobsen, CEO of P/F Bakkafrost: +298 23 50 01 (mobile)
· Høgni Dahl Jakobsen, CFO of P/F Bakkafrost: +298 23 50 60 (mobile)
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.