Arctic Fish Holding As · OSL:AFISH
Arctic Fish Holding As — Q3 2026 Earnings Presentation
13 slides from Arctic Fish Holding As's earnings presentation, Nov 4, 2026
Slide 1: Q3 2026 Presentation
Q3 2026 Presentation November 4, 2026
Slide 2: Disclaimer
Disclaimer Q3 Presentation 2026 Cautionary note regarding forward-looking statements This presentation is the management's summary of the 3rd By their nature, forward-looking statements involve, and quarter of 2026, it includes forward-looking statements that are subject to, known and unknown risks,
Slide 3: Arctic Fish in brief
Q3 Presentation 2026 Arctic Fish in brief Arctic Fish (AFISH) is one of Iceland’s Arctic Fish controls the full value chain, from smolt to sales: leading salmon farmers. It is headquartered in Ísafjörður and Smolt: a state-of-the-art RAS hatchery and smolt facility at Norður-Botn in Tálknafjörður, l
Slide 4: Highlights
Q3 Presentation 2026 Highlights Harvested Volumes Revenue GW Tonnes (‘000 EUR) 15,613 Operational EBIT improved, margins still negative 93,926 Operational EBIT of EUR -5.3 million YTD 2026, compared to 10,561 EUR -10.5 million in the same period last year. Higher revenue, 63,618 better prices and lo
Slide 5: Financials
Q3 Presentation 2026 Financials
Slide 6: Profit & Loss
Q3 Presentation 2026 Profit & Loss (EUR ‘000) Q3 2026 Q3 2025 YTD 2026 YTD 2025 2025 Operational revenue and other income 22,803 28,963 93,926 63,618 89,336 Revenue of EUR 22.8 million in the quarter Operational EBIT -4,222 -6,561 -5,325 -10,462 -10,283 Down 21% from EUR 29.0 million in Q3 2025, dri
Slide 7: Financial Position
Q3 Presentation 2026 Financial Position (EUR ‘000) 30.9.2026 30.6.2026 30.9.2025 31.12.2025 Non-current assets 148,138 147,313 142,249 140,889 Total assets of EUR 255.2 million Up EUR 11.4 million from Q2 2026, mainly due to growth in Current assets 107,025 96,460 120,760 134,510 biological assets T
Slide 8: Cash Flow & Net Interest-Bearing Debt
Cash Flow & Net Interest-Bearing Debt Q3 Presentation 2026 (EUR ‘000) Q3 2026 Q3 2025 YTD 2026 YTD 2025 2025 NIBD Development Opening Increase Decrease Closing NIBD beginning of period* -143,182 -145,046 -140,129 -132,650 -132,650 (‘000 EUR) Operational EBITDA* -1,756 -4,095 1,995 -3,442 -785 Change
Slide 9: Capital Expenditures
Capital Expenditures Q3 Presentation 2026 Capital Expenditures have been focused on three main pillars throughout the value chain CAPEX in 2026 is estimated at 13 MEUR and will mainly be focused on seawater operations Smolt Production Seawater Operations Primary Processing Capital expenditure develo
Slide 10: Volume Guidance
Volume Guidance Q3 Presentation 2026 2027 guidance at 18.5 thousand tonnes Record harvest volumes in 2026 Harvest volume guidance is set at 18.5 thousand tonnes in Harvest volumes reached 15.6 thousand tonnes in the 2027 building a foundation for further volume growth first nine months of 2026, alre
Slide 11: Appendix
Q3 Presentation 2026 Appendix
Slide 12: License Portfolio
Q3 Presentation 2026 License Portfolio Licenses by Fjord The license portfolio for the company is 29,800 tonnes MAB (Maximum Allowed Biomass) and includes licenses covering 10 farming areas in 5 different fjords, all located in the Westfjords of Iceland. Of Ísaf jarðardjúp the 29,800 tonnes, 27,000
Slide 13: Thank you
Thank you Q3 2026 Presentation