SalMar ASA reported record-high fish farming volumes in 2025, with operational improvements and lower costs driving strong financial performance.
The group harvested 300,900 tonnes of farmed salmon, exceeding 300,000 tonnes for the first time.
“The fourth quarter marks the end of a year with lower market prices, but underlying demand has been strong, and we have used the year actively to develop both new and existing markets,” said Frode Arntsen, CEO of SalMar ASA.
“At the same time, 2025 has been a good operational and biological year for SalMar, which is now reflected in lower cost level across all segments.”
Operational efficiency
In Norway, SalMar achieved operational EBIT of NOK 1,843 million in the fourth quarter, with a harvest of 80,300 tonnes and operational EBIT per kg of NOK 23.0.
For the group, operational EBIT reached NOK 1,834 million on 84,100 tonnes harvested. Lower cost levels across the value chain and continued strong biological performance contributed to the results.
SalMar’s investment in fish processing and the broader value chain has improved operational efficiency and product quality.
The company expects continued strong demand for farmed salmon in 2026, supported by record-high biomass and the highest share of superior quality fish in a decade. Total group harvest is projected at 318,000 tonnes, a six percent increase on 2025.
With a strong operational foundation and robust market outlook, SalMar said it is positioned to meet global demand while maintaining efficiency across its fish farming and fish processing operations.
