AKVA Group ASA Sets Ambitious Revenue Target of NOK 7 Billion by 2030, Aiming for Significant Margin Improvements

Reuters
12 Jun
AKVA Group ASA Sets Ambitious Revenue Target of NOK 7 Billion by 2030, Aiming for Significant Margin Improvements

AKVA Group ASA has announced ambitious financial targets as it aims for significant growth in the coming years. The company has set a revenue goal of NOK 5 billion and an EBIT target of 9% for 2027, with aspirations to further expand to NOK 7 billion by 2030. As the global salmon farming industry faces stagnation in production levels, AKVA, a leading innovator and supplier, expects to drive growth and margin improvements across its Sea Based, Land Based, and Digital business areas. Additionally, AKVA has outlined a revised dividend policy, intending to return between 40% and 50% of cash flow after investments to shareholders, contingent upon the business's capital needs and market conditions. The company has also set a specific target for its Digital segment, aiming to increase revenue from NOK 137 million in 2024 to around NOK 250 million in 2027, while boosting its EBITDA margin from 22% to approximately 40%. This strategic plan underscores AKVA's commitment to delivering long-term value to shareholders through share price gains and competitive returns.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AKVA Group ASA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW1001102240-en) on June 12, 2025, and is solely responsible for the information contained therein.

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