AKVA group ASA Earnings Call Transcripts
Fiscal Year 2025
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Q4 and full-year results showed strong revenue growth, especially in land-based and digital segments, with improved margins and cash flow. 2026 guidance targets 20%+ EBIT growth, supported by innovation and new contracts, while 2027 aims for NOK 5 billion revenue and 9% EBIT margin.
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Record Q3 results with revenue up 20% year-over-year and strong EBITDA growth. Order backlog and new contracts support robust guidance for 2025 and beyond, with deep farming and digital platforms driving future momentum.
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Record-high Q2 revenue and EBIT were driven by strong land-based growth and major contracts, with profitability and margins improving across all segments. Guidance for 2025 remains robust, supported by a solid order backlog and continued innovation in deep farming, post-smolt, and digital platforms.
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Innovation in deep farming, post-smolt, and digitalization is set to drive 12% annual revenue growth to NOK 5 billion by 2027, with a focus on sustainable, capital-light expansion and increased recurring revenue. EBITDA margin is targeted at 14%, supported by international growth and a new dividend policy.
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Record Q1 revenue and strong order intake were driven by robust Sea Based and Land Based performance, improved margins, and strategic contracts. Guidance for 2025 targets NOK 4 billion in revenue and 6% EBIT, with deep farming and post-smolt technologies as growth drivers.
Fiscal Year 2024
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Q4 and full-year results showed record order intake in Sea Based, strong growth in Land Based, and margin improvements across segments. 2025 guidance targets NOK 4 billion revenue and higher profitability, supported by a robust order backlog and continued innovation.
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Q3 delivered record revenue and EBIT, driven by strong sea-based and land-based performance, and the completion of the Observe Technologies acquisition. Order backlog and financial position improved, with positive outlooks for 2024 and 2025 supported by innovation and robust market demand.
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Record Q2 revenue and improved profitability driven by strong sea-based performance and cost efficiencies. Strategic acquisition of Observe enhances digital capabilities, while land-based remains challenged by low activity. 2024 guidance and long-term growth targets are maintained.