AKVA Group has reported a strong trading performance for the second quarter of 2026, with higher revenue, improved profitability and a significant increase in order intake as the company continues its strategic review.
Ahead of publishing its full second-quarter financial results on 14 August, the aquaculture technology specialist revealed revenue of NOK 1,189 million (€107.74 million) for the three months ended 30 June 2026, up 2% on the corresponding period last year.
EBITDA increased 23% to NOK 179 million (€16.22 million9, delivering a margin of 15%, while EBIT rose 25% to NOK 111 million (€10.06 million), equivalent to a 9.4% margin.
“Q2 2026 reflected the continued strong commercial momentum across all business segments for AKVA,” said chief executive Knut Nesse.
“We are pleased with the strong order intake and development of the order backlog, which provides a strong foundation for the rest of the year and into 2027.”
The improved performance was driven by economies of scale, a favourable product mix within the Sea Based segment and continued strong project execution in the Land Based business, which generated revenue of NOK 326 million (€29.54 million) during the quarter.
Order intake climbed 28% year-on-year to NOK 1,345 million (€121.88 million), lifting the company’s order backlog to NOK 2,997 million (€271.58 million) at the end of June. Nearly half of the backlog, 46%, relates to the Land Based segment, providing strong revenue visibility for future periods.
AKVA said commercial activity remained positive across all business areas, supported by a healthy project pipeline that positions the company for continued growth.
The company also confirmed that its previously announced strategic review remains ongoing and is expected to conclude during the autumn, in line with earlier guidance.
AKVA will publish its complete financial results for the second quarter on 14 August, providing further detail on its operational performance and strategic outlook.
