Nordic Aqua Partners A/S NOAP

What the company says it expects, and how often it has delivered on it.

Guidance in the latest report

• Commercial harvest volume for Q3 2026 (Q3 2026)
  “harvest volume for Q3 2026 is expected to be in the 1,400-1,600 tonnes HOG range.” (p. 16)
• Total harvest volume for full year 2026 (FY 2026)
  “For the full year 2026, total harvest volume is expected in the 5, 500-6,000 tonnes HOG range.” (p. 16)
• Average harvest weight in Q3 2026, gradually increasing thereafter (Q3 2026)
  “The average harvest weight in Q3 2026 is expected to be approx. 4.5 kg HOG and gradually increase” (p. 16)
• Superior rate for Q3 2026 and onwards (Q3 2026 onwards)
  “The superior rate is expected to stay above 95% for Q3 2026 and onwards.” (p. 16)
• Average harvest weight target during 2026 (FY 2026)
  “Nordic Aqua has revised its production strategy to increase average harvest weights during 2026 towards 7.0 kg, LW.” (p. 8)
• Annual production capacity after Stage 2 doubling (Stage 2 completion)
  “the harvest start in Q3 2026 is paving the way for a doubling of annual production capacity to 8,000 tonnes.” (p. 16)
• Total capex for Stage 2 (Stage 2 total)
  “Total capex for Stage 2 is forecasted to EUR 65.0 million, 16% below the original estimate of EUR 77.0 million.” (p. 9)
• Stage 3 construction start, subject to final investment decision, with first harvest indicated (H1 2027; first harvest 2029)
  “Nordic Aqua has commenced detailed engineering for Stage 3, and subject to a final investment decision, construction can start in the first half of 2027, indicating a first harvest in 2029.” (p. 16)
• Projected growth rate of the Chinese Atlantic salmon market to 2030 (to 2030)
  “Projected 12% CAGR growth to 2030 in the Chinese market for Atlantic Salmon” (p. 3)
• Industry expects market balance to tighten and global salmon prices to rise in 2026 compared to 2025 (FY 2026)
  “the industry expects the market balance to tighten throughout 2026, contributing to higher global salmon prices compared to 2025.” (p. 13)
• Depreciation of Stage 2 expected to gradually increase (Q3 2026 onwards)
  “Depreciation of Stage 2 has partly started and will gradually increase throughout 2026.” (p. 10)

Guidance against the outcome

Amounts in EUR million. Each outcome counts from the day the report with the actual figure was published, as a backtest sees it. Hover a metric for the report's own words; click the date or the actual figure to open the report on its page.

Guidance only counts when it names a year or quarter and a figure the reports show: revenue, operating profit, margins, EPS and bank and insurance ratios. Read by an AI model and can be wrong. Not investment advice.