-
Posted by
Two Blokes May 23, 2025 -
Filed in
Stock
-
5 views
P/F Bakkafrost's quarter was reasonable, with solid volumes through salmon price declines due to ongoing supply pressures from improved Norwegian biological conditions. Major investments in large smolt and Scottish operations are progressing, promising future margin improvement. While operational improvements and downstream benefits are clear, current valuation is not compelling versus peers, even with expected earnings growth.
