Arctic Fish reports negative Q3 operational EBIT, increased debt

Arctic Fish Holding AS announced its Q3 2025 trading update, revealing harvested volumes of 5.4 thousand tonnes gutted weight for the quarter. The company reported a negative operational EBIT of €6.1m.

Arctic Fish's net interest-bearing debt, excluding IFRS 16 effects, stood at €141m at the close of the third quarter. The company has a production capacity of 29,800 tonnes MAB, utilizing 10 farming areas across 5 fjords in Iceland's Westfjords.

A comprehensive Q3 report is scheduled for release on November 5, 2025. The announcement also highlighted Arctic Fish's integrated value chain, from RAS hatching facilities to a newly completed harvesting facility, all supporting its growth objectives.