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Kingfish Zeeland BV Reports Strong Q4 Growth Amid Strategic Expansion

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Kingfish Zeeland BV Reports Strong Q4 Growth Amid Strategic Expansion

Kingfish Zeeland BV ( (DE:93G) ) just unveiled an announcement.

Kingfish Zeeland BV reported a 62% increase in Q4 2024 sales volumes, driven by festive season demand, despite a decrease in revenue per kilogram due to seasonal promotions and biomass adjustments. The company completed a €14 million private placement to support growth and continues to focus on centralizing hatchery activities in the Netherlands, positioning itself as a leader in yellowtail kingfish breeding and technology.

More about Kingfish Zeeland BV

The Kingfish Company is a leader in sustainable land-based aquaculture, specializing in the production of high-quality yellowtail kingfish. With operations in the Netherlands and planned expansions in the US, the company uses advanced recirculating aquaculture systems to ensure environmental sustainability and biosecurity, while promoting animal welfare.

YTD Price Performance: -4.65%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €65.78M

For a thorough assessment of 93G stock, go to TipRanks’ Stock Analysis page.

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