Akva Group ASA
OSE:AKVA
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 Q3 Performance: AKVA Group delivered its best third quarter ever, with revenue of NOK 1.1 billion and EBIT of NOK 89 million.
Strong Full-Year Growth: Year-to-date revenue reached NOK 3.3 billion, up 20% year-on-year, and EBITDA was NOK 406 million, marking the company’s best financial performance so far.
2025 Guidance Confirmed: Management reiterated 2025 targets of minimum NOK 4 billion in revenue and 6% EBIT margin.
Robust Order Backlog: Order backlog stands at NOK 2.4 billion, supporting future growth, with Q4 order intake expected to be strong and above last year’s NOK 1.1 billion.
Land Based & Digital Momentum: Land Based segment saw 90% revenue growth in Q3, while Digital EBITDA margin improved to 36%.
Dividend Record: NOK 2 per share paid for 2025, the highest ever for AKVA Group.
Positive Outlook: Management expects continued growth into 2026, citing strong Q4 order momentum, new contracts, and investments across Sea Based, Land Based, and Digital platforms.
