Salmar: Strong Biomass, Rising Forecast – the Salmon Giant Becomes a Turnaround Candidate

Stocks from the fish farming industry came under significant pressure at the end of 2021. A key reason for this was the rising production costs, which burdened margins. In particular, feed costs had risen sharply. Additionally, companies are struggling with the effects of climate change due to temperature fluctuations and altered seawater conditions. Norwegian salmon farms suffered particularly harsh winters and weather extremes. This had a direct impact on Salmar's success. Although revenue growth was strong in 2023, the profit per kilogram and...