BAKKA: Q2 2026 Trading Update
2026-07-02 18:00:07
FARMING
In Q2 2026, the harvest volumes for Bakkafrost's operation in the Faroe Islands
and Scotland were:
+-------------+--------+---------------------+--------------+-------------------
--+
|Region |Month | Q2 2026 | Q2 2026 | YTD 2026
|
| | | Harvest volume |Average weight| Harvest volume
|
| | |(thousand tonnes HOG)| (kg) |(thousand tonnes
HOG)|
+-------------+--------+---------------------+--------------+-------------------
--+
|Faroe Islands|April | 7.7 | 5.9 | 51.9
|
+-------------+--------+---------------------+--------------+-------------------
--+
| |May | 8.7 | 5.7 |
+-------------+--------+---------------------+--------------+-------------------
--+
| |June | 10.3 | 5.2 |
+-------------+--------+---------------------+--------------+-------------------
--+
| |Q2 total| 26.7 | 5.6 |
+-------------+--------+---------------------+--------------+-------------------
--+
| | | | |
|
+-------------+--------+---------------------+--------------+-------------------
--+
|Scotland |April | 1.9 | 5.9 | 9.4
|
+-------------+--------+---------------------+--------------+-------------------
--+
| |May | 0.4 | 4.7 |
+-------------+--------+---------------------+--------------+-------------------
--+
| |June | 0.8 | 4.4 |
+-------------+--------+---------------------+--------------+-------------------
--+
| |Q2 total| 3.2 | 5.2 |
+-------------+--------+---------------------+--------------+-------------------
--+
Based on preliminary numbers, Q2 2026 exceptional mortality costs in Farming
were:
· Faroe Islands: 0 mDKK
· Scotland: 32 mDKK
FRESHWATER
The smolt release in Q2 2026 was (in millions):
+-------------+-------+--------+
| |Q2 2026|YTD 2026|
+-------------+-------+--------+
|Faroe Islands| 5.6| 9.5|
+-------------+-------+--------+
|Scotland | 3.9| 4.9|
+-------------+-------+--------+
The number of fish present as of 30 June 2026 at each farming site in the Faroe
Islands is available on Bakkafrost's homepage: Biomass overview - Faroe
Islands (https://www.bakkafrost.com/en/sustainability/data). Going forward, this
overview will be updated monthly.
Based on preliminary numbers, Q2 2026 exceptional mortality costs in Freshwater
were:
· Faroe Islands: 0 mDKK
· Scotland: 0 mDKK
FISHMEAL, OIL AND FEED (FOF)
In Q2 2026, the volumes sourced and sold in the FOF segment were (in thousand
tonnes):
+-----+----------------------------+----------+---------------+--------------+
|Month|Marine raw material sourcing|Feed sales|Fish meal sales|Fish oil sales|
+-----+----------------------------+----------+---------------+--------------+
|April| 50.0 | 11.8 | 0.0 | 0.0 |
+-----+----------------------------+----------+---------------+--------------+
|May | 42.8 | 14.1 | 0.0 | 0.0 |
+-----+----------------------------+----------+---------------+--------------+
|June | 16.9 | 11.5 | 0.0 | 0.0 |
+-----+----------------------------+----------+---------------+--------------+
|Q2 | 109.7 | 37.4 | 0.0 | 0.0 |
|Total| | | | |
+-----+----------------------------+----------+---------------+--------------+
| | | | | |
+-----+----------------------------+----------+---------------+--------------+
|YTD | 160.6 | 72.8 | 1.2 | 0.0 |
|2026 | | | | |
|Total| | | | |
+-----+----------------------------+----------+---------------+--------------+
The full Q2 2026 report will be released on 31 August 2026 at 06:00 CET.
Contacts:
. Regin Jacobsen, CEO of P/F Bakkafrost: +298 23 50 01 (mobile)
. Høgni Dahl Jakobsen, CFO of P/F Bakkafrost: +298 23 50 60 (mobile)
This information is subject to the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.
ion is subject to the disclosure requirements pursuant to section 5\
-12 of the Norwegian Securities Trading Act.\