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The Norwegian cod farmer says new sites, due to become operational in 2026, and stronger market demand will underpin its future growth.

The Norwegian cod producer has been granted permission to establish a new production site in Meløy, Nordland County, the second in this municipality.

The Norwegian cod farmer has released its results for Q1 2025, showing a 63% year-on-year increase in revenue.

The Norwegian cod farming company has successfully closed a private placement and plans to open a subsequent offering of shares.

The Canadian seafood company has indicated it will invest upwards of $16 million in the two Norwegian fish farming companies in the coming weeks.

Boost in revenue and narrowed operating loss in Q4 are due to "favourable market conditions and strong sales price trends", according to the company, which aims to raise NOK 300 million in 2025.