AKVA group ASA: Targeting higher revenue growth and continued margin improvement AKVA group ASA (“AKVA”) today hosts a Capital Markets Day where it introduces a revenue target of NOK 5 billion and an EBIT target of 9% for 2027 and outlines its ambitions for continued profitable growth to NOK 7 billion in 2030. The global salmon farming industry has seen production levels stagnate in the 2020s after decades of growth and will need to invest in technology and equipment to generate new long-term growth. As a world leading innovator and supplier to the industry AKVA expects this to enable st...
AKVA group ASA: Mandatory notifications of trade In connection with allocation of shares under AKVA group ASA's (the "Company") long term incentive program, the following primary insiders have on May 26, 2025 been distributed shares in the Company as set out below. The distributions are made on the basis of the Company's treasury shares. Following the distributions, the Company's holding of treasury shares amounts to 292,029 shares. - Nesse & Co AS, a company controlled by CEO Knut Nesse, 23,418 shares - Ronny Meinkøhn (CFO), 11,709 shares - Kristian Botnen (COO Sea Based Nordic), 5,260 ...
AKVA group ASA: Minutes from annual general meeting The annual general meeting of AKVA group ASA was held today, 22 May 2025. The minutes from the meeting are attached to this notice and will be made available on the company's website, All items on the agenda were approved in accordance with the proposals set out in the notice of the annual general meeting. Dated: 22 May 2025AKVA group ASA Web: CONTACTS: Knut Nesse Chief Executive OfficerPhone: Mobile: E-mail: Ronny MeinkøhnChief Financial OfficerPhone: Mobile: E-mail: This information is subject to the disclosure requirements pu...
AKVA group ASA: Updated financial calendar Reference is made to the stock exchange announcement published by AKVA group ASA (“AKVA”) on November 18, 2024, regarding the financial calendar. AKVA reschedules the publication of its half-yearly report for 2025 to August 20. The previous publication date was August 15. Dated: May 16, 2025AKVA group ASA Web: CONTACTS: Knut Nesse Chief Executive OfficerPhone: Mobile: E-mail: Ronny MeinkøhnChief Financial OfficerPhone: Mobile: E-mail: This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Secur...
AKVA group ASA: Q1 2025 financial reporting High activity level and improved profitability AKVA group delivered high quarterly revenue in Q1 2025 of MNOK 1 013 (784), an increase of 29% compared to Q1 2024. EBITDA increased from MNOK 67 in Q1 2024 to MNOK 113 in Q1 2025. Total order intake of BNOK 1,2 in Q1 2025, up from MNOK 917 in Q1 2024. Order backlog was BNOK 2,8 at the end of March 2025. RAS contract from Cermaq Chile regarding smolt facility signed in February 2025 with contract value of approx. MEUR30. Sale of shares in Abyss Group to Arcus Infrastructure Partners with net p...
AKVA group ASA: New land based contract signed Reference is made to the stock exchange announcement published on January 14 where AKVA group ASA (“AKVA”) was awarded a contract from Laxey EHF (“Laxey”) related to a module 2 of a re-use grow-out facility for Atlantic Salmon at Westman Islands, Iceland. The realization of the contract and AKVA’s delivery was subject to Laxey obtaining the necessary financing. This condition was met today as Laxey announced a MEUR 130 combined equity and debt financing related to the project. The estimated contract value related to AKVA’s delivery to module...
AKVA group ASA: Notice of Annual General Meeting 2025 The shareholders in AKVA group ASA are invited to attend the Annual General Meeting to be held at 17:00 hours (CEST) on Thursday, 22 May 2025. Please find enclosed the notice of the Annual General Meeting, including attendance form and proxy forms. The documents related to the Annual General Meeting, including the Annual Report for 2024, the Board's proposed updated guidelines on determination of salaries and other remuneration to executive personnel, the remuneration report for 2024, and the recommendations of the Nomination Committee...
Update: AKVA group ASA: Correction of invitation to Capital Markets Day 2025 Reference is made to AKVA group ASA’s announcement on 24 April 2025 regarding the invitation to the Capital Markets Day (CMD). A correction has been made to the updated announcement. The date of the CMD has been changed from “Wednesday June 12” to “Thursday June 12”. Please see the updated announcement below: AKVA Group ASA (AKVA) is pleased to invite investors, analysts, media and other stakeholders to our Capital Markets Day (CMD) on Thursday, June 12, 2025. The CMD will be hosted at our headquarters in Klepp...
AKVA group ASA: Invitation – presentation of the Q1 2025 financial results AKVA group ASA hereby invites you to the presentation of the Q1 2025 financial results, which will take place as follows: Time: Friday May 9th, 2025, at 08:00 CET. Webcast: A recorded version of the presentation will be available after the live stream is concluded. The presentation will be held in English and is open to all interested parties. Dated: 25 April 2025 AKVA group ASA Web: CONTACTS: Knut Nesse Chief Executive OfficerPhone: Mobile: E-mail: Ronny MeinkøhnChief Financial OfficerPhone:...
AKVA group ASA: Invitation to Capital Markets Day 2025 AKVA Group ASA (AKVA) is pleased to invite investors, analysts, media and other stakeholders to our Capital Markets Day (CMD) on Wednesday, June 12, 2025. The CMD will be hosted at our headquarters in Klepp, Norway, and will provide a comprehensive update on AKVA Group’s strategic roadmap, financial ambitions, and cutting-edge technological solutions across our Sea Based, Land Based, and Digital business segments. The event will feature presentations by the company’s executive management and key operational leaders. Agenda (CEST): ...
We forecast Q1 EBITDA of NOK112m (11.0% margin), EBIT of NOK49m (4.8% margin), and an order intake of NOK1,247m (+36% YOY) boosted by the EUR30m Land Based contract awarded by Cermaq. We estimate Q1 revenues up 30% and EBITDA up 66% YOY, driven by increased activity and improved margins for Sea Based and Land Based, translating into the highest Q1e EBITDA on record. In our view, AKVA group should see a limited impact from the ongoing trade war. We reiterate our BUY and NOK90 target price.
AKVA group ASA: Ex dividend of NOK 1.00 today Issuer: AKVA group ASAEx. date: 8 April 2025Dividend amount: NOK 1.00 per shareAnnounced currency: NOK The expected date for the payment of dividend is on or about 15 April 2025. This information is published pursuant to the requirements set out in Euronext Oslo Rule Book II – Issuer Rules. Dated: 8 April 2025AKVA group ASA Web: CONTACTS: Knut Nesse Chief Executive OfficerPhone: Mobile: E-mail: Ronny MeinkøhnChief Financial OfficerPhone: Mobile: E-mail:
AKVA group ASA: Annual Report 2024 AKVA group ASA has published its Annual Report for 2024. The report also includes the ESG report and corporate governance report. The Annual Report and related ESEF file are attached to this stock exchange notice and published on:. There are no material changes to the financial statements compared to the preliminary and unaudited full year results presented in the Q4 presentation on 14 February 2025. Dated: 7 April 2025AKVA group ASA Web: CONTACTS: Knut NesseChief Executive OfficerPhone: Mobile: E-mail: Ronny MeinkøhnChief Financial OfficerPhone: ...
Q4 sales were stronger than we forecast, and adj. EBITDA was a tad higher. However, the adj. EBITDA margin was below consensus (most likely due to lower-than-expected milestones and higher product sales). For 2025, our revenue and adj. EBITDA forecasts are at the upper end of the guidance. We do not have a recommendation or target price for Alvotech given DNB Markets’ role in the transaction with Xbrane Biopharma.
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