Icelandic Salmon Reports Near Break-Even Q1 as Operations Strengthen

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Icelandic Salmon kept its 2026 harvest guidance unchanged at 21,300 tons after reporting a first-quarter result that was close to break-even, a clear improvement from the EUR 3 million loss recorded a year earlier.

The quarter was shaped by a difficult pricing environment and a harvest mix that weighed on margins. Achieved prices were EUR 0.69 per kg lower than in the first quarter of 2025, while smaller fish sizes dragged on price realization. The company also faced high costs on a large...

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