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Weak salmon prices and high sea temperatures caused major losses for the group's farming business, while its value-added operations nearly doubled their profit.

The Norwegian seafood group's trading update for the third quarter of 2025 also showed positive results for its wild-catch operations.

The Norwegian seafood group reports "solid operations" in the second quarter, but results were hit by low salmon and trout prices.

"After several years of regulatory turmoil, we urge authorities to ensure predictable, stable, and competitive framework conditions," said CEO Henning Beltestad.

The processing company confirmed its good growth forecasts for Spain this year, when it expects to reach EUR 160 million.

The good results of the farming division contrast with those of wild catch, where volumes fell by over 21%.