Business description: Bakkafrost

P/F Bakkafrost is a Faroe Islands-based salmon producer that offers a wide range of healthy and nutritious salmon products from its own facilities. The Company’s product portfolio includes fresh whole salmon, fresh salmon fillets, frozen salmon fillets, frozen retail-box salmon burgers, frozen smoked salmon, as well as salmon skin. P/F Bakkafrost’s activities are divided into four segments: Farming Segment - Faroe Islands (FO), Farming Segment - Scotland (STC), Value Added Products (VAP) Segment and Fishmeal, -Oil and Feed (FOF) Segment. The Company has several subsidiaries, including Bakkafrost Danmark ApS, Scottish Salmon Company Ltd, Bakkafrost Packaging P/F and Bakkafrost Processing P/F.

Number of employees: 1,816

Sales by Activity: Bakkafrost

Fiscal Period: December 2021 (DKK) 2022 (DKK) 2023 (DKK) 2024 (DKK) 2025 (DKK)

Sales and Other

- - 9.27B 10.21B 10.28B

Farming Faroe Islands

3.48B 4.63B 3.31B 3.92B 4.05B

Farming Scotland

1.46B 1.44B 1.45B 1.84B 1.12B

Freshwater Faroe Islands

- - 586M 782M 897M

Freshwater Scotland

- - 142M 117M 169M

Value Added Products (VAP)

1.2B 1.7B - - -

Fishmeal, Oil and Feed

1.66B 2.43B 3.49B 2.73B 2.6B

Services

- - 783M 895M 921M

Eliminations

-2.23B -3.08B -11.9B -13.16B -13.03B

Geographical breakdown of sales: Bakkafrost

Fiscal Period: December 2021 (DKK) 2022 (DKK) 2023 (DKK) 2024 (DKK) 2025 (DKK)

Western Europe

3.48B 4.86B 4.89B 4.72B 3.92B

North America

1.02B 1.29B 1.36B 1.41B 1.66B

Asia

596M 664M 644M 945M 1.07B

Eastern Europe

454M 262M 216M 234M 282M

Rest of The World

1.87M 49.46M 31.56M 18.45M 70.6M

Executive Committee: Bakkafrost

Manager TitleAgeSince
Chief Executive Officer 60 01/01/1989
Director of Finance/CFO 54 01/04/2019
Chief Tech/Sci/R&D Officer 52 01/01/2014
Comptroller/Controller/Auditor - -
Comptroller/Controller/Auditor - -

Composition of the Board of Directors: Bakkafrost

Director TitleAgeSince
Chairman 59 15/12/2009
Director/Board Member 55 19/02/2008
Director/Board Member 54 01/01/2016
Director/Board Member 65 01/01/2019
Director/Board Member 54 01/01/2022

Shareholders: Bakkafrost

NameStocks%Valuation
7.816 %
4,641,917 7.816 % 212 M kr
7.736 %
4,594,437 7.736 % 210 M kr
Folketrygdfondet
6.914 %
4,106,136 6.914 % 188 M kr
DNB Asset Management AS
5.283 %
3,137,509 5.283 % 143 M kr
Sprucegrove Investment Management Ltd.
5.025 %
2,984,520 5.025 % 136 M kr

Holdings: Bakkafrost

NameStocks%Valuation
167,0050.28% 8 M $

Company details: Bakkafrost

Bakkafrost P/F

Bakkavegur 9

625, Glyvrar

+298 40 50 00

http://www.bakkafrost.com
address Bakkafrost(BAKKA)

Aquaculture

Change 5-day change 1-year change 3-year change Capi.($)
-4.36%-5.48%-6.50%-14.74% 2.92B
+1.70%-1.29%+19.84%+54.23% 48.31B
+2.55%-0.43%-17.63%+9.43% 34.15B
+1.79%+0.69%-12.12%-14.89% 15.67B
+0.99%+14.16%-18.27%+5.67% 11.66B
+4.30%-0.29%-30.22%-32.97% 4.85B
0.00%-1.50%-6.64%+6.49% 4.76B
+5.33%+7.70%-15.45%+305.84% 4.21B
+2.92%-2.42%-3.09%+3.30% 3.79B
+3.48%-1.44%-5.33%+7.63% 3.53B
Average +1.87%+0.92%-9.54%+33.00% 13.39B
Weighted average by Cap. +1.96%-0.24%-2.54%+29.35%
Trader
Investor
Global
Quality
ESG MSCI
AA
MarketScreener Ratings - Bakkafrost
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
9
Last Close Price
312.49DKK
Average target price
339.77DKK
Spread / Average Target
+8.73%

Quarterly revenue - Rate of surprise

Rate of surprise - Net sales - Quarterly - Bakkafrost