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Bakkafrost: Q2 2026 Trading Update

BAKKARegulatory press release02.07.2026, 18.00
Read the release

FARMING

In Q2 2026, the harvest volumes for Bakkafrost's operation in the Faroe Islands and Scotland were:

Region Month Q2 2026
Harvest volume

(thousand tonnes HOG)
Q2 2026
Average weight

(kg)
YTD 2026
Harvest volume

(thousand tonnes HOG)
Faroe Islands April 7.7 5.9 51.9
May 8.7 5.7
June 10.3 5.2
Q2 total 26.7 5.6
Scotland April 1.9 5.9 9.4
May 0.4 4.7
June 0.8 4.4
Q2 total 3.2 5.2

Based on preliminary numbers, Q2 2026 exceptional mortality costs in Farming were:

  • Faroe Islands:         0 mDKK
  • Scotland:             32 mDKK     

FRESHWATER

The smolt release in Q2 2026 was (in millions):

Q2 2026 YTD 2026
Faroe Islands 5.6 9.5
Scotland 3.9 4.9

The number of fish present as of 30 June 2026 at each farming site in the Faroe Islands is available on Bakkafrost's homepage: Biomass overview - Faroe Islands. Going forward, this overview will be updated monthly.  

Based on preliminary numbers, Q2 2026 exceptional mortality costs in Freshwater were:

  • Faroe Islands:          0 mDKK
  • Scotland:               0 mDKK     

FISHMEAL, OIL AND FEED (FOF)
In Q2 2026, the volumes sourced and sold in the FOF segment were (in thousand tonnes):

Month Marine raw material sourcing Feed sales Fish meal sales Fish oil sales
April 50.0 11.8 0.0 0.0
May 42.8 14.1 0.0 0.0
June 16.9 11.5 0.0 0.0
Q2 Total 109.7 37.4 0.0 0.0
YTD 2026 Total 160.6 72.8 1.2 0.0


The full Q2 2026 report will be released on 31 August 2026 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 to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.