Akva Group ASA
LSE:0DIP
Akva Group ASA
AKVA Group ASA engages in the provision of technology and services to the fish farming industry. The company is headquartered in Egersund, Rogaland and currently employs 1,414 full-time employees. The company went IPO on 2006-11-01. The company is divided into three business areas, namely Hardware, Software and Recirculation. The Hardware area comprises such products, as feed barges, fish-farming cages, centralized feed systems, sensors, cameras, biomass estimation systems, light systems and net cleaning systems, which are sold under such brand names, as Polarcirkel, Wavemaster and Akvasmarts. The Software area provides software solutions for fish farming and seafood industries, and its products are marketed under the Fishtalk brand name. The Recirculation area offers land-based systems for production of fresh water and seawater fish spices using recirculation technology. As of January 24, 2013, Egersund Group AS held 87.42% of the Company. In April 2014, it acquired YesMaritime AS.
AKVA Group ASA engages in the provision of technology and services to the fish farming industry. The company is headquartered in Egersund, Rogaland and currently employs 1,414 full-time employees. The company went IPO on 2006-11-01. The company is divided into three business areas, namely Hardware, Software and Recirculation. The Hardware area comprises such products, as feed barges, fish-farming cages, centralized feed systems, sensors, cameras, biomass estimation systems, light systems and net cleaning systems, which are sold under such brand names, as Polarcirkel, Wavemaster and Akvasmarts. The Software area provides software solutions for fish farming and seafood industries, and its products are marketed under the Fishtalk brand name. The Recirculation area offers land-based systems for production of fresh water and seawater fish spices using recirculation technology. As of January 24, 2013, Egersund Group AS held 87.42% of the Company. In April 2014, it acquired YesMaritime AS.
Record Revenue: AKVA Group reported record Q4 revenue of NOK 1.1 billion, mainly driven by strong growth in the Land Based segment.
Profitability: Q4 EBIT was NOK 44 million, with full-year EBIT at NOK 280 million (6.4% margin), both above previous guidance.
Order Intake & Backlog: Q4 order intake was NOK 1.25 billion, bringing the order backlog to around NOK 2.5 billion by year end.
Land Based Surge: Land Based revenue nearly doubled (up 90%) year-on-year, marking a standout performance.
Strong Cash Flow: Q4 cash flow was robust, supported by a NOK 153 million net working capital release and reduced net debt.
Guidance Raised: Management guides for 20%+ EBIT growth in 2026 and reiterates its 2027 targets of NOK 5 billion revenue and 9% EBIT margin.
Digital Momentum: The digital segment, especially AI-powered feeding (Observe), saw major new contracts and expectations for further growth.
Five Growth Initiatives: Five well-defined projects are expected to add at least NOK 100 million each in turnover within a few years.
