Bakkafrost
Agriculture · Wallis and Futuna · 1K - 5K Employees
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Overview
Headquarters
9 Bakkavegur, Glyvrar, Eysturoy, 625, Wa...Phone Number
+298 405000Website
www.bakkafrost.comRevenue
$1.1 BillionStock Symbol
BKFKFIndustry
ZI Rank: 4
Signal Type
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ZI Rank
4
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About Bakkafrost
Founded in 1968, Bakkafrost together with its subsidiaries produces and sells salmon products under the Bakkafrost and Havsbrún brands in the United States, Europe, China, and internationally. The company operates through four segments: Fish Farming FO; Fish Farming SCT; Value Added Products; and Fishmeal, Fish Oil, and Fish Feed. It is involved in the breeding and on-growing of salmon; harvesting, sale, and distribution of salmon; and production of skinless and boneless portions of salmon. The company also produces and sells fishmeal, fish oil, and fish feed. The company also exports its products The company is headquartered in Glyvrar, Eysturoy, Faroe Islands.Explore more
Bakkafrost Org Chart
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Company Profile Activity
Activity Insights
Bakkafrost is experiencing very low activity levels compared to other companies in the Agriculture sector.
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Bakkafrost is drawing exceptional interest within the Agriculture industry, suggesting notable developments or strong market momentum, learn more about Bakkafrost.
Bakkafrost financials insights
Gather financial insights about Bakkafrost, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2021
Debt
$790M
Bakkafrost Tech Stack
A closer look at the technologies used by Bakkafrost
Most Recent Scoops
Project
Bakkafrost has confirmed that its DKK 5 billion investment program remains unchanged, targeting harvest capacity of 145,000 tons by 2028 and 162,000 tons by 2030, with allocations of DKK 2.2 billion for the Faroe Islands, DKK 1.3 billion for Scotland, and DKK 1.6 billion in shared farming services. The company has noted some delays in certain plans due to market developments in 2025 and 2026.
Spending/Investment, Capacity Planning
Earnings
Bakkafrost has reported that Farming Faroes harvest volumes increased 67% to 26,700 tons in Q2, compared to 16,000 tons in the same period last year, with average fish weight up 11% to 5.5 kilos. Operational EBIT improved from NOK 4 million to NOK 109 million, with operational EBIT per kilo rising from NOK 0.37 to NOK 5.96, supported by a reduction in ringside costs from NOK 31.10 to NOK 29.96 per kilo.
Earnings, Finance
Earnings
Bakkafrost has reported that its Sales and VAP segment achieved a 30% increase in volumes to 29,900 tons in Q2, with revenues rising 34% to approximately NOK 3 billion. Operational EBIT increased by NOK 17 million to NOK 114 million, though operational EBIT per kilo declined from NOK 6.55 to NOK 5.60, reflecting continued price and premium pressure from higher global availability of superior quality and large salmon.
Earnings, Finance
Earnings
Bakkafrost has reported that its Faroese services segment delivered an operational EBIT of NOK 35 million in Q2, up from NOK 17 million in the same period last year, with the EBIT margin improving from 8% to 15%.
Earnings, Finance
Earnings
Earnings, Finance
Bakkafrost News & Media
P/F Bakkafrost (BKFKY) Q3 2025 Earnings Call Transcript
P/F Bakkafrost (OTCPK:BKFKY) Q3 2025 Earnings Call November 4, 2025 2:00 AM ESTCompany ParticipantsHøgni Jakobsen - Chief Financial OfficerJohan Jacobsen -...P/F Bakkafrost (BKFKF) Q4 2024 Earnings Call Transcript
P/F Bakkafrost (OTCPK:BKFKF) Q4 2024 Earnings Conference Call February 17, 2025 2:00 AM ETCompany ParticipantsHogni Jakobsen - Chief Financial OfficerRegin...P/F Bakkafrost (BKFKF) Q3 2024 Earnings Call Transcript
P/F Bakkafrost (OTCPK:BKFKF) Q3 2024 Earnings Conference Call November 5, 2024 2:00 AM ETCompany ParticipantsHøgni Jakobsen - Chief Financial Officer Regin...Invitation to the presentation of Bakkafrost's Q3 2024 results 5 November 2024 at 8:00 am (CET)
Bakkafrost's interim report Q3 2024 will be presented at 8:00 am (CET) on 5 November 2024 at Hotel Continental, Stortingsgaten 24/26, Oslo, Norway. WEBCAST The presentation will be transmitted live on Bakkafrost's website www.bakkafrost.com. Bakkafrost´s interim report Q3 2024 and associated presentation will be released before market opening on 5 November 2024 at 6:00 am (CET). Contacts: · Regin Jacobsen, CEO of P/F Bakkafrost: +298 235001 (mobile) · Høgni Dahl Jakobsen, CFO of P/F Bakkafrost:
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Frequently Asked Questions Regarding Bakkafrost
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Founded in 1968, Bakkafrost together with its subsidiaries produces and sells salmon products under the Bakkafrost and Havsbrún brands in the United States, Europe, China, and internationally. The company operates through four segments: Fish Farming FO; Fish Farming SCT; Value Added Products; and Fishmeal, Fish Oil, and Fish Feed. It is involved i... Read More
