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BioFish Secures 720 Tons Annual Sales with New Agreement

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BioFish Secures 720 Tons Annual Sales with New Agreement

Biofish Holding AS ( (DE:9R2) ) just unveiled an update.

BioFish Holding AS has secured a new agreement with a long-standing customer for the annual delivery of 1.2 million post-smolt, contributing to a confirmed annual sales volume of approximately 720 tons for the years 2025 to 2027. This agreement enhances BioFish’s earnings visibility and positions them to potentially take on new orders, supporting their growth in a robust market. For 2024, BioFish met its projected sales volumes, and an increase in sales is anticipated for 2025.

More about Biofish Holding AS

BioFish is a Norwegian independent producer of high-quality smolt and post-smolt. The company operates a RAS production facility in Ljones, near the Hardangerfjord on the west coast of Norway, and serves numerous fish farming sites within a day’s transport.

YTD Price Performance: 50.0%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €12.56M

Learn more about 9R2 stock on TipRanks’ Stock Analysis page.

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