Lerøy Seafood Group ASA (LSG) reported an operational operating profit of NOK 680m in the second quarter, reflecting strong performance across all segments. The company achieved record net growth in the second quarter, with high survival rates and quality fish. However, low prices for salmon and trout may pose challenges in the third quarter.

In the aquaculture segment, Lerøy Seafood Group ASA recorded an operational operating profit of NOK 256 million in the second quarter of 2025. The company saw a strong biological performance with high survival rates and increased average slaughter weight. However, low prices for salmon and trout due to increased supply may impact future earnings.

Lerøy Seafood Group ASA’s sales and distribution segment reported an operational operating profit of NOK 351 million in the second quarter of 2025, marking the tenth consecutive quarter of growth. The company is nearing its ambitious earnings goal for the segment in 2025, driven by improved capacity utilization and enhanced customer relations.

The wild catch segment of Lerøy Seafood Group ASA delivered a solid operational profit of NOK 148 million in the second quarter, driven by high prices, particularly for cod. However, there are concerns about potential reductions in cod quotas for 2026, which could impact the performance of whitefish factories within Lerøy Norway Seafoods.

Lerøy Seafood Group ASA’s fully integrated value chain is seen as the future of the company, with a strong position in key markets and a positive outlook for global seafood demand. The company remains optimistic about its future development and performance, meeting key targets for 2025 and looking ahead to new strategic goals.

Read more at GlobeNewswire: Solid drift i alle segmenter, god