Icelandic salmon farmer Kaldvik has issued a profit warning, citing weaker prospects for the first quarter of 2026 following early harvesting and a decline in salmon prices.
In a statement released on Friday, the company said several factors since its third-quarter presentation had negatively affected its outlook. As a result, Kaldvik said it may be at risk of breaching one or more financial covenants under its senior loan facility during the first quarter or later in 2026.
The company said it has initiated discussions with its lenders and plans to request a waiver of the relevant loan conditions.
Kaldvik said it would provide further information if there are material developments.
Kaldvik has had a difficult period on the Oslo stock exchange, with its share price down 66.5 percent over the past year.
