Andfjord Salmon’s Q1 Results Reflect Low Production and Zero Revenue Amid Kvalnes Build-Out
Norwegian salmon producer Andfjord Salmon Group AS recently released its financial results for Q1 2025, indicating stalled profits amid the company’s ongoing construction at its facility in Kvalnes, Norway.
The five-stage construction plan has been in progress since 2023, with Phase 1 reaching 90% completion as of November 27, 2024.
As a result, Andfjord Salmon did not produce any salmon in the first quarter of this year, resulting in zero revenue for the period, as was the case for the same period last year...
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