{"success":true,"data":{"pressRelease":{"id":"126528","rtpr_id":"nGNE9Myb7q","ticker":"SALM","exchange":"Oslo Børs","all_tickers":["SALM"],"title":"REG-SalMar – Record-strong biological performance","author":"Globe Newswire","published_at":"2026-08-25T04:30:00.032Z","article_body":"Strong operational and biological performance in Norway resulted in a\nrecord-high harvest volume for a second quarter and a significant improvement\nin earnings compared with the same period last year. Higher volumes, improved\nfish quality, and lower costs throughout the value chain contributed\npositively, while an unfavourable harvest profile, with the majority of\nvolumes harvested in June, negatively impacted price achievement during the\nperiod.\n\nOperational EBIT for the Group amounted to NOK 1,237 million in the second\nquarter of 2026. Harvest volume was 81,800 tonnes and operational EBIT per kg\nwas NOK 15.1. For Norway, operational EBIT was NOK 1,227 million, harvest\nvolume was 71,500 tonnes, and operational EBIT per kg was NOK 17.2.\n* Continued strong operational and biological performance in Norway, with a\nrecord-high harvest volume for a second quarter.\n* Improved profitability in Sales & Industry, driven by higher capacity\nutilisation at processing facilities, improved operational KPIs following the\nInnovaMar upgrade, and strong sales performance during the period.\n*  Successful harvesting from Ocean Farm 1, supported by strong biological\nperformance.\n*  Weak results from Icelandic Salmon and Scottish Sea Farms, driven by a\nhigh cost level throughout the value chain.\n“We leave behind a quarter with a record-high harvest volume for a second\nquarter, driven by continued strong biological performance in Norway. Although\nresults for the period were affected by an unfavourable harvest profile and\nlower market prices throughout the quarter, we maintain a strong biological\nstatus at sea, with biological KPIs continuing to reach record levels. This\nprovides a solid foundation for further volume growth and lower costs\nthroughout the value chain going forward,” says Frode Arntsen, CEO of SalMar\nASA.\n\nRaises 2026 volume guidance by 20,000 tonnes and expects lower cost level\n\nSalMar increases its 2026 volume guidance by 20,000 tonnes to a total of\n350,000 tonnes, including its relative share from Scottish Sea Farms. This\nrepresents 16% harvest volume growth compared with 2025. The increase is\ndriven by strong biological performance in Norway, while guidance for other\nsegments remains unchanged.\n\nFor the third quarter of 2026, SalMar expects a somewhat lower cost level\nthroughout the value chain compared with the second quarter of 2026, as well\nas significantly higher volumes compared with the third quarter of 2025.\n\nThe company expect low global supply growth in 2026 and is experiencing strong\ndemand for its products.\n\nAgreement to Acquire Majority Stake in Måsøval\n\nIn July 2026, SalMar ASA entered into an agreement with Heimstø AS to acquire\nHeimstø’s 85,727,553 shares in Måsøval AS, corresponding to approximately\n70% of the company’s share capital. The purchase price is NOK 39.50 per\nshare, corresponding to a total consideration of approximately NOK 3.4\nbillion. The transaction is subject to customary closing conditions, including\nrelevant regulatory approvals.\n\nThe transaction is expected to provide SalMar with an even stronger platform\nfor continued sustainable growth in Central Norway, with potential for\nimproved utilisation of resources, expertise, and infrastructure, as well as\nfurther development on the salmon’s terms and long-term value creation along\nthe Norwegian coast.\n\nThe full report and presentation for the second quarter are attached.\n\nSalMar's CEO Frode Arntsen and CFO Ulrik Steinvik will present the company's\nresults today at 08:00 at Hotel Continental in Oslo. The presentation will\nalso be webcast on www.salmar.no.\n\nFor more information, please contact:\n\nFrode Arntsen, CEO\nTel: +47 482 06 665\nE-mail: frode.arntsen@salmar.no\n\nUlrik Steinvik, CFO\nTel: +47 900 84 538\nE-mail: ulrik.steinvik@salmar.no\n\nHåkon Husby, Head of IR\nTel: +47 936 30 449\nE-mail: hakon.husby@salmar.no\n\nAbout SalMar\n\nSalMar is one of the world's largest and most efficient producers of salmon.\nThe Group has farming operations in Central Norway, Northern Norway, Offshore\nand Iceland, as well as substantial harvesting and secondary processing\noperations. In addition SalMar owns 50% of Scottish Sea Farms Ltd.\n\nSee www.salmar.no for more information about the company.\n\nThis information is subject to the disclosure requirements stipulated in\nsection 5-12 of the Norwegian Securities Trading Act.\n\nAttachments\n*     SalMar Q2 26 - Report\n(https://ml-eu.globenewswire.com/Resource/Download/7f5d479e-25e5-4a6c-9557-bedd060f3ff7)\n  \n*     SalMar Q2 26 - Presentation\n(https://ml-eu.globenewswire.com/Resource/Download/953c9c22-bd05-46ca-9ace-84215ed32e25)","article_body_html":"","raw_payload":{"data":{"id":"nGNE9Myb7q","title":"REG-SalMar – Record-strong biological performance","author":"Globe Newswire","ticker":"SALM","created":"2026-08-25T04:30:00.032Z","tickers":["SALM"],"exchange":"Oslo Børs","article_body":"Strong operational and biological performance in Norway resulted in a\nrecord-high harvest volume for a second quarter and a significant improvement\nin earnings compared with the same period last year. Higher volumes, improved\nfish quality, and lower costs throughout the value chain contributed\npositively, while an unfavourable harvest profile, with the majority of\nvolumes harvested in June, negatively impacted price achievement during the\nperiod.\n\nOperational EBIT for the Group amounted to NOK 1,237 million in the second\nquarter of 2026. Harvest volume was 81,800 tonnes and operational EBIT per kg\nwas NOK 15.1. For Norway, operational EBIT was NOK 1,227 million, harvest\nvolume was 71,500 tonnes, and operational EBIT per kg was NOK 17.2.\n* Continued strong operational and biological performance in Norway, with a\nrecord-high harvest volume for a second quarter.\n* Improved profitability in Sales & Industry, driven by higher capacity\nutilisation at processing facilities, improved operational KPIs following the\nInnovaMar upgrade, and strong sales performance during the period.\n*  Successful harvesting from Ocean Farm 1, supported by strong biological\nperformance.\n*  Weak results from Icelandic Salmon and Scottish Sea Farms, driven by a\nhigh cost level throughout the value chain.\n“We leave behind a quarter with a record-high harvest volume for a second\nquarter, driven by continued strong biological performance in Norway. Although\nresults for the period were affected by an unfavourable harvest profile and\nlower market prices throughout the quarter, we maintain a strong biological\nstatus at sea, with biological KPIs continuing to reach record levels. This\nprovides a solid foundation for further volume growth and lower costs\nthroughout the value chain going forward,” says Frode Arntsen, CEO of SalMar\nASA.\n\nRaises 2026 volume guidance by 20,000 tonnes and expects lower cost level\n\nSalMar increases its 2026 volume guidance by 20,000 tonnes to a total of\n350,000 tonnes, including its relative share from Scottish Sea Farms. This\nrepresents 16% harvest volume growth compared with 2025. The increase is\ndriven by strong biological performance in Norway, while guidance for other\nsegments remains unchanged.\n\nFor the third quarter of 2026, SalMar expects a somewhat lower cost level\nthroughout the value chain compared with the second quarter of 2026, as well\nas significantly higher volumes compared with the third quarter of 2025.\n\nThe company expect low global supply growth in 2026 and is experiencing strong\ndemand for its products.\n\nAgreement to Acquire Majority Stake in Måsøval\n\nIn July 2026, SalMar ASA entered into an agreement with Heimstø AS to acquire\nHeimstø’s 85,727,553 shares in Måsøval AS, corresponding to approximately\n70% of the company’s share capital. The purchase price is NOK 39.50 per\nshare, corresponding to a total consideration of approximately NOK 3.4\nbillion. The transaction is subject to customary closing conditions, including\nrelevant regulatory approvals.\n\nThe transaction is expected to provide SalMar with an even stronger platform\nfor continued sustainable growth in Central Norway, with potential for\nimproved utilisation of resources, expertise, and infrastructure, as well as\nfurther development on the salmon’s terms and long-term value creation along\nthe Norwegian coast.\n\nThe full report and presentation for the second quarter are attached.\n\nSalMar's CEO Frode Arntsen and CFO Ulrik Steinvik will present the company's\nresults today at 08:00 at Hotel Continental in Oslo. The presentation will\nalso be webcast on www.salmar.no.\n\nFor more information, please contact:\n\nFrode Arntsen, CEO\nTel: +47 482 06 665\nE-mail: frode.arntsen@salmar.no\n\nUlrik Steinvik, CFO\nTel: +47 900 84 538\nE-mail: ulrik.steinvik@salmar.no\n\nHåkon Husby, Head of IR\nTel: +47 936 30 449\nE-mail: hakon.husby@salmar.no\n\nAbout SalMar\n\nSalMar is one of the world's largest and most efficient producers of salmon.\nThe Group has farming operations in Central Norway, Northern Norway, Offshore\nand Iceland, as well as substantial harvesting and secondary processing\noperations. In addition SalMar owns 50% of Scottish Sea Farms Ltd.\n\nSee www.salmar.no for more information about the company.\n\nThis information is subject to the disclosure requirements stipulated in\nsection 5-12 of the Norwegian Securities Trading Act.\n\nAttachments\n*     SalMar Q2 26 - Report\n(https://ml-eu.globenewswire.com/Resource/Download/7f5d479e-25e5-4a6c-9557-bedd060f3ff7)\n  \n*     SalMar Q2 26 - Presentation\n(https://ml-eu.globenewswire.com/Resource/Download/953c9c22-bd05-46ca-9ace-84215ed32e25)"},"type":"article","timestamp":"2026-08-25T04:30:00.128942224Z","server_sent_at_ms":1787632200128},"received_at":"2026-08-25T04:30:00.181Z","source_url":null},"analysis":{"id":"115470","press_release_id":"126528","analysis_json":{"industry":{"label":"Food Products","sector":"Consumer Staples"},"redFlags":[],"eventType":"earnings","narrative":"SalMar reported record-high Q2 harvest volumes of 81,800 tonnes, driving a significant year-over-year improvement in operational EBIT to NOK 1.237 billion despite price headwinds.\n\nThe company raised its 2026 volume guidance by 20,000 tonnes to 350,000 tonnes, citing continued strong biological performance in Norway.\n\nAdditionally, SalMar announced an agreement to acquire a 70% stake in Måsøval AS for approximately NOK 3.4 billion to strengthen its platform in Central Norway.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"Record harvests and guidance raise are complemented by a NOK 3.4B acquisition to consolidate Central Norway operations."},"keyFigures":{"eps":0,"revenue":0,"guidance":"2026 volume guidance raised by 20,000 tonnes to 350,000 tonnes (16% growth vs 2025)","revenueYoy":0,"dealValueUsd":"NOK 3.4 billion","customDimensions":{"harvest_volume":"81,800 tonnes","operational_ebit":"NOK 1,237 million","guidance_increase":"20,000 tonnes","norway_harvest_volume":"71,500 tonnes","operational_ebit_per_kg":"NOK 15.1","norway_operational_ebit_per_kg":"NOK 17.2"}},"quotedText":"We leave behind a quarter with a record-high harvest volume for a second quarter, driven by continued strong biological performance in Norway.","namedEntities":{"people":[{"name":"Frode Arntsen","role":"CEO"},{"name":"Ulrik Steinvik","role":"CFO"},{"name":"Håkon Husby","role":"Head of IR"}],"products":[],"companies":[{"name":"SalMar ASA","ticker":"SALM"},{"name":"Icelandic Salmon","relationship":"subsidiary"},{"name":"Scottish Sea Farms","relationship":"subsidiary (50% owned)"},{"name":"Heimstø AS","relationship":"seller"},{"name":"Måsøval AS","relationship":"target"}],"dollarAmounts":[{"amount":"NOK 1,237 million","context":"Q2 2026 operational EBIT"},{"amount":"NOK 1,227 million","context":"Q2 2026 Norway operational EBIT"},{"amount":"NOK 3.4 billion","context":"Total consideration for Måsøval AS acquisition"},{"amount":"NOK 39.50 per share","context":"Purchase price per share for Måsøval AS"}]},"materialImpact":{"score":4,"reasoning":"Record harvest volume and improved operational EBIT YoY, combined with a guidance raise (+20k tonnes) and a material bolt-on acquisition (NOK 3.4B). While price achievement was impacted by harvest profile, the operational strength and M&A justify the high score."},"tickerRelevance":{"others":[],"primary":"SALM"},"globalImportance":35,"audienceRelevance":25,"eventTypeSecondary":["guidance_update","m_and_a"],"importanceComponents":{"tickerTier":"mid-cap","eventGravity":"strong_earnings_plus_m_a","sectorWeight":"specialized_food_producer","marketCapAdjustment":"salmon_farmer"}},"event_type":"earnings","event_type_secondary":["guidance_update","m_and_a"],"sentiment":"bullish","material_impact_score":4,"narrative":"SalMar reported record-high Q2 harvest volumes of 81,800 tonnes, driving a significant year-over-year improvement in operational EBIT to NOK 1.237 billion despite price headwinds.\n\nThe company raised its 2026 volume guidance by 20,000 tonnes to 350,000 tonnes, citing continued strong biological performance in Norway.\n\nAdditionally, SalMar announced an agreement to acquire a 70% stake in Måsøval AS for approximately NOK 3.4 billion to strengthen its platform in Central Norway.","key_figures":{"eps":0,"revenue":0,"guidance":"2026 volume guidance raised by 20,000 tonnes to 350,000 tonnes (16% growth vs 2025)","revenueYoy":0,"dealValueUsd":"NOK 3.4 billion","customDimensions":{"harvest_volume":"81,800 tonnes","operational_ebit":"NOK 1,237 million","guidance_increase":"20,000 tonnes","norway_harvest_volume":"71,500 tonnes","operational_ebit_per_kg":"NOK 15.1","norway_operational_ebit_per_kg":"NOK 17.2"}},"named_entities":{"people":[{"name":"Frode Arntsen","role":"CEO"},{"name":"Ulrik Steinvik","role":"CFO"},{"name":"Håkon Husby","role":"Head of IR"}],"products":[],"companies":[{"name":"SalMar ASA","ticker":"SALM"},{"name":"Icelandic Salmon","relationship":"subsidiary"},{"name":"Scottish Sea Farms","relationship":"subsidiary (50% owned)"},{"name":"Heimstø AS","relationship":"seller"},{"name":"Måsøval AS","relationship":"target"}],"dollarAmounts":[{"amount":"NOK 1,237 million","context":"Q2 2026 operational EBIT"},{"amount":"NOK 1,227 million","context":"Q2 2026 Norway operational EBIT"},{"amount":"NOK 3.4 billion","context":"Total consideration for Måsøval AS acquisition"},{"amount":"NOK 39.50 per share","context":"Purchase price per share for Måsøval AS"}]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-08-25T04:30:45.330Z","global_importance":35,"audience_relevance":25,"importance_components":{"tickerTier":"mid-cap","eventGravity":"strong_earnings_plus_m_a","sectorWeight":"specialized_food_producer","marketCapAdjustment":"salmon_farmer"}},"durationMs":45144,"modelName":"glm-4.7"}}