Industry – July 20, 2026
AKVA group: second-quarter EBITDA rises 23 percent on stronger margins
Aquaculture equipment supplier AKVA group reported higher second-quarter earnings as increased activity and improved project execution supported profitability.
Revenue rose 2 percent to NOK 1.19 billion (€107 million), while EBITDA increased 23 percent to NOK 179 million (€16.1 million). The EBITDA margin improved to 15 percent from 12.4 percent a year earlier.
Operating profit increased 25 percent to NOK 111 million (€10 million), giving an EBIT margin of 9.4 percent. AKVA attributed the improvement to economies of scale, a favourable product mix in its sea-based division and strong execution in its land-based business.
Order intake rose 28 percent to NOK 1.35 billion (€121 million), while the order backlog reached NOK 3 billion (€270 million) at the end of June. Land-based projects accounted for 46 percent of the backlog.
“The strong order intake and development of the order backlog provides a strong foundation for the rest of the year and into 2027,” CEO Knut Nesse said.
AKVA is conducting a strategic review that it expects to conclude during the autumn. The company will publish its full second-quarter results on August 14.
