Bakkafrost

Agriculture · Wallis and Futuna · 1K - 5K Employees

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Overview

Headquarters

9 Bakkavegur, Glyvrar, Eysturoy, 625, Wa...

Phone Number

+298 405000

Revenue

$1.1 Billion

Stock Symbol

BKFKF

Industry

Agriculture Manufacturing Food & Beverage Animals & Livestock
ZI Rank: 1
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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's Social MediaPopular SearchesBakkafrost PLCBakkafrostP/F BakkafrostBakkafrost CoBakke & FrostSIC Code 09,092NAICS Code 11,112Ticker OTC: BKFKFShow more

Bakkafrost Org Chart

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Company Profile Activity

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Among all Agriculture companies

Low Activity

High Activity

Activity Insights

Bakkafrost is experiencing very low activity levels compared to other companies in the Agriculture sector.

What does this means?

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

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Bakkafrost Tech Stack

A closer look at the technologies used by Bakkafrost

Most Recent Scoops

Earnings
Bakkafrost has reported revenues of DKK 2,140 million for Q1, up from approximately DKK 1.9 billion in the same quarter last year, with operational EBIT increasing from DKK 505 million to DKK 544 million, profit after tax of DKK 307 million compared to DKK -6 million in the prior year period, and adjusted earnings per share of DKK 5.16, marking the strongest quarter since Q1 2024.
Earnings, Finance
Earnings
Bakkafrost has reported that raw material costs are trending upward following a significant decline from the 2023 peak, and has raised its full-year feed production target by 10,000 tons to 175,000 tons, with year-to-date sourcing of 130,000 tons as of May, still behind the prior year pace.
Forecasting, Finance, Manufacturing Operations, Sourcing / Procurement
Earnings
Bakkafrost has reported cash flow from operations of DKK 453 million.
Earnings, Business Finance, Finance, Financial Operations
Earnings
Bakkafrost has reported that average spot prices in Q1 for superior 4 to 5 kilo fish were NOK 87.95 per kilo, 5.2% lower than the same quarter last year but 7% higher compared to the previous quarter, with higher overall supply and a significant reduction in the large fish premium impacting pricing.
Pricing
Earnings
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Bakkafrost News & Media

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Frequently Asked Questions Regarding Bakkafrost

What is Bakkafrost's stock symbol?
Bakkafrost's stock symbol is BKFKF
What is Bakkafrost's official website?
Bakkafrost's official website is www.bakkafrost.com
What is Bakkafrost's Revenue?
Bakkafrost's revenue is $1.1 Billion
What is Bakkafrost's SIC code?
Bakkafrost's SIC: 09,092
What is Bakkafrost's NAICS code?
Bakkafrost's NAICS: 11,112
How many employees does Bakkafrost have?
Bakkafrost has 1K - 5K employees
What industry does Bakkafrost belong to?
Bakkafrost is in the industry of: Agriculture, Manufacturing, Food & Beverage
What companies has Bakkafrost acquired?
Bakkafrost has acquired the companies: Havsbrún
What technology does Bakkafrost use?
Some of the popular technologies that Bakkafrost uses are: DocuSign, reCAPTCHA, Google Universal Analytics, Eploy
How do I contact Bakkafrost?
Bakkafrost contact info: Phone number: +298 405000 Website: www.bakkafrost.com
What does Bakkafrost do?

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... n 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.Read More

What are Bakkafrost social media links?
Bakkafrost Linkedin page Bakkafrost Twitter page Bakkafrost Facebook page
Who invested in Bakkafrost?
Bakkafrost has 3 investors including Nordea, DNB and Rabobank.
Is Bakkafrost a public company?
Yes, Bakkafrost is a public company and is traded under the symbol BKFKF
See more information about Bakkafrost

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