SalMar stock trades at NOK 584 after record Q2 harvest

Published on 09/28/2026 at 14:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SalMar stock's Q2 backdrop includes NOK 1.237 billion in operational EBIT on August 25, 2026. Harvest guidance rose to 350,000 tons for 2026.

Fotorealistische Netzkäfige einer Lachsfarm in einem norwegischen Fjord mit Bergen — Fotorealistische Lachsfarm im norwegischen Fjord veranschaulicht SalMar ASA, ISIN NO0010310956, führendes Aquakulturunternehmen weltweit, Illustration mit AI erstellt.

SalMar stock (ISIN NO0010310956) was trading at NOK 584.00 on Oslo Børs on September 28, 2026 at 2:30 p.m. CEST, up 0.60 percent from the NOK 580.50 prior close. The market is weighing stronger biology and higher harvest volumes against weaker price realization in the second quarter.

Record harvest lifts 2026 guidance

According to the Yahoo Finance transcript dated August 25, 2026, SalMar harvested 81,800 tons in Q2 2026 and generated operational EBIT of NOK 1.237 billion. The harvest was a quarterly record, although the company said an unfavorable harvest profile reduced earnings during the period.

The same transcript reports that SalMar raised total 2026 harvest guidance to 350,000 tons, an increase of 49,000 tons or 16.00 percent from 2025. The Norwegian guidance increase was 20,000 tons, reflecting improved biological performance and lower expected costs.

Profitability improved year over year

For the first half of 2026, operational EBITDA reached NOK 3.8 billion and operational EBIT reached NOK 2.7 billion, according to Yahoo Finance. Adjusted earnings per share were NOK 9.8, more than double the year-earlier level cited in the August 25, 2026 transcript.

Bank of America upgraded SalMar to Buy from Underperform and set a NOK 650.00 price target in a September 11, 2026 report published by MarketScreener. That target lies 11.30 percent above the September 28, 2026 price of NOK 584.00, while the same report showed a lower Barclays target of NOK 535.00 dated September 21, 2026.

NOK 584.00 in Oslo trading

SalMar's reference price stood at NOK 584.00 on Oslo Børs on September 28, 2026 at 2:30 p.m. CEST. The session range was NOK 574.00 to NOK 585.50, volume was 96,674 shares, and the 52-week range was NOK 448.00 to NOK 627.00.