Biofish Holding AS (DE:9R2) has released an update.
Biofish Holding AS has secured new agreements to deliver over 400,000 smolt and post-smolt in 2024 and 2025, reflecting strong demand for their high-quality production. Despite a decrease in quarterly EBITDA to NOK 2.7 million due to phasing of deliveries, the company anticipates growth with projected sales volumes of up to 1,100 tons by 2025. Biofish’s solid order foundation and interest from top-tier fish farmers promise continued growth and earnings visibility.
For further insights into DE:9R2 stock, check out TipRanks’ Stock Analysis page.
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