Aquaculture

Continued investment at Samherji despite falling profit

2025-08-11T10:50:00

Kaldbakur EA 1 and Samherji's production plant in Akureyri

Source: Samherji

Samherji has reported an operating profit of €42.4 million for 2024, marking a year-on-year decrease of €12 million

Net profit, including associated company shares and financial items, totalled €45.6 million after taxes, down from €58.7 million in 2023.

Despite the profit decline, revenue rose by nearly 6% to €443 million. EBITDA reached €61.4 million, a drop of just over 17% compared to the previous year. A key factor was reduced profits from Síldarvinnslan resulting from the absence of a capelin season in 2024.

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