AKVA group almost doubled operating profit in Q4
Global fish farming supplier AKVA group delivered revenue of NOK 1.113 billion (£85.8 million) in the final quarter of 2025, an increase of NOK 321 million or 41% compared to Q4 2024. EBIT (operating profit) was NOK 44m (£3.4m), up from NOK 23m in the same period in 2024.
Norway-headquartered AKVA has branches throughout the salmon farming regions, including in Inverness, Scotland, and in Canada.
AKVA said in its Q4 2025 report that its Sea Based division secured strong order intake of NOK 952m, slightly more than the NOK 946m in Q4 2024. Order backlog ended at NOK 1.044bn compared to NOK 1.115bn last year.
The Nordic region experienced an increase in revenue from NOK 344m in Q4 2024 to NOK 409m in Q4 2025.
In the Americas region, the revenue was NOK 169m, which is an increase from NOK 146m in the fourth quarter last year.
Europe and Middle East (EME) had a revenue of NOK 75m in Q4 2025, compared to NOK 52m in Q4 last year.
EBIT for the Sea Based division in Q4 was NOK 11m, a profit margin of 1.7%.
Land Based
AKVA's Land Based division had record high quarterly revenue of NOK 422m, an increase of NOK 205m or 94% compared to Q4 2024. EBIT increased to NOK 34m from NOK 19m in Q4 2024. EBIT margin was 8% (8.8%).
A recirculating aquaculture system (RAS) contract valued at approximately NOK 220m was awarded from Tytlandsvik Aqua, Norway, at the start of Q4. Tytlandsvik Aqua grows post-smolts to 1kg for delivery to marine sites operated by salmon farmers Grieg Seafood and Bremnes Seashore.
The Land Based order book was worth NOK 1.273bn at the end of Q4 compared to NOK 1.408bn after the same quarter in 2024.
AKVA's total order book was worth NOK 2.539bn at the end of Q4.
The company will pay a dividend of NOK 1 per share for the first half year of 2026.
