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Andfjord Salmon AS ( (DE:50R) ) has provided an update.
Andfjord Salmon is set to release 1.1 million smolt in its second-ever release, marking a significant scale-up in operations. The company is advancing its Kvalnes facility, with infrastructure developments supporting future production increases. Despite construction leading to zero revenue in Q2 2025, Andfjord raised NOK 1.55 billion to support its expansion, indicating strong shareholder backing and strategic growth plans.
More about Andfjord Salmon AS
Andfjord Salmon is a company located at Andøya in the Arctic Archipelago of Vesterålen, Norway, focused on developing sustainable and fish-friendly aquaculture facilities. They utilize a proprietary flow-through system that combines ocean and land-based salmon farming, achieving high survival rates and efficient feed conversion.
Average Trading Volume: 62,303
Current Market Cap: NOK3.23B
See more data about 50R stock on TipRanks’ Stock Analysis page.