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Gigante Salmon Expands Production at Rødøy Facility

Story Highlights
  • Gigante Salmon is increasing production at its Rødøy facility with a 2.2 million smolt release.
  • The company aims for a 16,000 tons annual capacity by 2028, with strong recent results.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Gigante Salmon Expands Production at Rødøy Facility

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Gigante Salmon AS ( (DE:96M) ) has issued an update.

Gigante Salmon AS is advancing its operations by increasing production at its Rødøy facility, with plans to release 2.2 million smolt this fall as part of its expansion towards full capacity. The company is on track to achieve an annual production capacity of 16,000 tons by 2028, with recent results showing high-quality output and economic benefits for the region, laying a strong foundation for future growth.

More about Gigante Salmon AS

Gigante Salmon AS is a land-based salmon farming company located in Rødøy municipality, focusing on a unique aquaculture concept that combines the benefits of both conventional sea-based and land-based systems while mitigating traditional challenges.

Average Trading Volume: 29,644

Current Market Cap: NOK1.43B

See more data about 96M stock on TipRanks’ Stock Analysis page.

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