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Biofish Holding AS ( (DE:9R2) ) just unveiled an update.
BioFish reported a strong first quarter in 2025, achieving record-high activity levels with increased volumes and revenues compared to the previous year. The company secured several new contracts, boosting its annual sales volume and expects to deliver between 1,000 to 1,200 tons of smolt and post-smolt this year. Strategic improvements have led to positive cash flow and net profit, with a positive outlook for long-term demand. A strategic review is underway to explore growth opportunities and enhance shareholder value.
More about Biofish Holding AS
BioFish is a Norwegian independent producer specializing in high-quality smolt and post-smolt. The company operates a RAS production facility in Ljones, near the Hardangerfjord on Norway’s west coast, strategically positioned close to numerous fish farming sites.
Average Trading Volume: 240,412
Current Market Cap: NOK179.2M
For an in-depth examination of 9R2 stock, go to TipRanks’ Stock Analysis page.