P/F Bakkafrost reported earnings results for the third quarter and nine months ended September 30, 2025. For the third quarter, the company reported sales was DKK 1,686.2 million compared to DKK 1,736.6 million a year ago. Net income was DKK 76.53 million compared to net loss of DKK 113.72 million a year ago. Basic earnings per share from continuing operations was DKK 1.29. Diluted earnings per share from continuing operations was DKK 1.29.
For the nine months, sales was DKK 5,160.25 million compared to DKK 6,009.95 million a year ago. Net loss was DKK 65.45 million compared to net income of DKK 175.62 million a year ago.
Bakkafrost specializes in salmon farming. Net sales break down by activity as follows:
- manufacturing of salmon-based products (89.8%);
- production of fish feed, fish meal, and fish oil (9.5%);
- provision of services (0.6%);
- salmon farming (0.1%).
Net sales are distributed geographically as follows: Eastern Europe (12.9%), Western Europe (64.4%), Asia (19.3%), North America (3.2%), and other (0.2%).
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