Lerøy Q2 Profit Slides as Salmon Volumes Drop, Cod and Haddock Prices Surge
Lerøy Seafood Group reported weaker Q2 2026 results as lower salmon and trout harvests weighed on earnings, though strong whitefish prices, improving farming performance and expected cost reductions underpin cautious optimism for H2.
According to the report, group revenue fell 11% year‑on‑year (YOY) to NOK 7.89 billion and operational EBIT declined 16% to NOK 574 million. Reported profit swung to a NOK 240 million loss from a NOK 93 million profit a year earlier, a swing the company attributed to...
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