Industry – July 15, 2026
Arctic Fish: Icelandic producer remains in the red despite 5,600-tonne harvest
Mowi subsidiary Arctic Fish harvested 5,600 tonnes gutted weight in the second quarter of 2026 and reported an operational EBIT loss of EUR 3.1 million, according to a trading update published on Wednesday.
Net interest-bearing debt, excluding IFRS 16 lease effects, stood at EUR 143 million at the end of the quarter.
Arctic Fish operates salmon farms in Iceland's Westfjords and has a maximum allowed biomass (MAB) capacity of 29,800 tonnes across 10 farming areas in five fjords. The company operates an integrated value chain spanning smolt production, sea farming, harvesting and sales.
The company said it will publish its full second-quarter report on 18 August at 06:30 CEST, when it will provide detailed financial results and operational updates.
