macro

SalMar lifts Q3 operating profit on record salmon harvest, trims 2026 guidance

Norway's SalMar reported a record third-quarter harvest and higher operating EBIT, but cut its 2026 harvest guidance to 347,000 tons, according to TradingView.

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what happened

Norwegian salmon farmer SalMar harvested a record 105,100 tons in the third quarter, according to TradingView. The company's operating EBIT reached NOK 1,609 million, and adjusted earnings per share came in at NOK 6.41.

Higher prices, better quality and lower costs along the value chain also contributed, while net debt fell and liquidity stayed strong.

For 2026, the harvest forecast was lowered to 347,000 tons, whereas the 2027 target is 348,000 tons excluding Måsøval.

why it matters

For investors, the quarter shows that strong salmon prices and cheaper processing can lift margins quickly. The lower 2026 volume outlook, however, signals less supply next year, and the market will weigh both factors.

market impact

SalMar shares: record harvest and firmer prices support margins, while the lower volume outlook limits optimism

tags

instruments

SalMarNOKSalmon prices

sources

  1. SALM: Record harvest drove Q3 operational EBIT to NOK 1,609 million; FY 2026 guidance was trimmed — TradingView, 3 November 2026 at 05:50 UTC
  2. SALM: Record harvest lifted operational EBIT to NOK 1,609 million; FY 2026 guidance was trimmed — TradingView, 3 November 2026 at 05:52 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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