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Kaldvik AS Reduces 2025 Harvest Guidance Amid Challenges

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Kaldvik AS Reduces 2025 Harvest Guidance Amid Challenges

Ice Fish Farm AS ( (DE:4YYA) ) has shared an announcement.

Kaldvik AS announced a reduction in its harvest guidance for 2025 by 3,500 tonnes due to higher mortality rates and lower than expected growth, primarily caused by winter wounds in the 2023 generation and unexpected temperature conditions. The introduction of a new winter-wound vaccine and continued ISA vaccination are expected to improve future outcomes, although recent challenges with smolt mortality at the Einstigi site due to transportation issues and temperature have been noted.

More about Ice Fish Farm AS

Kaldvik AS is a prominent salmon farming company based in Iceland, known for its integrated value chain from hatchery to sales, positioning itself as a provider of sustainable premium salmon products.

YTD Price Performance: 5.26%

Average Trading Volume: 150

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €280.4M

See more insights into 4YYA stock on TipRanks’ Stock Analysis page.

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