Bakkafrost Raises Harvest Guidance as Faroe Islands Offset Weak Scotland Results
Bakkafrost reported stronger first-quarter earnings for 2026, driven by record harvest volumes and lower farming costs in the Faroe Islands, while its Scottish operations remained under pressure.
The salmon producer posted operational EBIT of DKK 544 million for the quarter, up from DKK 505 million a year earlier. Revenues in the Faroe Islands rose to DKK 1.67 billion from DKK 1.4 billion, with operational EBIT climbing to DKK 572 million. Scotland generated revenues of DKK 443 million and recorded an operational...
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