Revenue distribution by sectors:

• Fishing and aquaculture: approx. 60%
• Processing and sale of seafood: approx. 30%
• Other business sectors: approx. 10%

TOP 3 markets and their percentage shares:

• Norway: approx. 35%
• European Union: approx. 30%
• Asia: approx. 20%

Austevoll Seafood ASA generates the majority of its revenue from fishing and aquaculture, followed by the processing and sale of seafood. The Norwegian market is the largest single market, followed by the European Union and Asia. These markets benefit from the high demand for sustainable and high-quality seafood.

Production Sites:

• Norway
• Chile
• Peru
• North America

Austevoll Seafood ASA is a globally operating company in the fishing and seafood industry. The company's main production sites are located in Norway, where it is heavily involved in salmon farming and processing. In addition, Austevoll Seafood has significant production capacities in Chile and Peru, focusing on the fishing and processing of pelagic fish. The company is also active in North America, particularly in the processing and distribution of seafood.

This geographical diversification enables Austevoll Seafood to benefit from different market conditions and to spread risks.

Revenue Growth: Estimated 8-10% (2026 based on historical data and market trends)

Profit Growth: Estimated 6-8% (2026 based on historical data and market trends)

Austevoll Seafood ASA pursues a growth strategy based on several pillars. Firstly, the company focuses on diversifying its product range to tap into new markets and further penetrate existing markets. This includes expanding the offering of seafood as well as developing processed products with higher added value.

Secondly, Austevoll invests in sustainable fishing and aquaculture practices to meet the increasing demands for environmental sustainability and resource conservation. This strategy aims not only to improve the ecological footprint but also to strengthen consumer trust and enable new partnerships.

Furthermore, the company is focusing on geographical expansion, particularly in high-growth markets in Asia and North America. Through strategic alliances and acquisitions, Austevoll plans to strengthen its global presence and capitalize on the growing demand for high-quality seafood.

Main raw materials: Fish meal, fish oil, soy products

Main importing countries: Peru, Chile, Brazil

Austevoll Seafood ASA is heavily involved in the fishing and aquaculture industry. The main imported raw materials include fish meal and fish oil, which are mainly sourced from Peru and Chile. These countries are leading in the production of fish meal and fish oil, which are essential for feeding farmed fish.

In addition, Austevoll Seafood also imports soy products, which are used as an alternative source of protein in fish feed. These mainly come from Brazil, one of the largest producers of soy globally. Diversifying the sources of raw materials helps the company ensure supply security and optimize costs.

Market share in the fishing industry: 8% (estimated for 2026)
EBITDA margin: 18% (2025)
Return on equity: 10.5% (2025)

Austevoll Seafood ASA has a solid competitive advantage in the fishing and seafood industry, which is manifested through several factors. The company benefits from a vertically integrated supply chain, allowing it to control costs and ensure the quality of its products. This is reflected in a robust EBITDA margin of 18%, indicating efficient operational management.

Another advantage is geographical diversification. Austevoll operates in multiple international markets, reducing the risk of market fluctuations and providing access to different customer segments. The return on equity of 10.5% also shows that the company is able to offer its shareholders an attractive return, indicating effective capital utilization.

Furthermore, the strong position in the Norwegian fishing sector enhances the company's competitiveness, as Norway is considered one of the world's leading exporters of seafood. This provides Austevoll with access to high-quality raw materials and enables it to benefit from global demand for sustainable seafood.

Institutional Investor Share: 45% (estimated, 2026)
Insider Buys/Sells: No significant transactions reported (2025)

The institutional investor share in Austevoll Seafood ASA is estimated to be around 45%. This indicates a strong interest from institutional investors in the company, suggesting confidence in its long-term performance.

Regarding insider transactions, no significant buys or sells were reported in 2025. This could suggest that the management and other insiders currently do not expect any significant changes in the company's valuation.

Market Share Austevoll Seafood ASA: Estimated 8% (2026)

Top Competitors and Their Market Shares:

1. Mowi ASA: 20%
2. SalMar ASA: 15%
3. Lerøy Seafood Group ASA: 12%
4. Grieg Seafood ASA: 10%
5. Austevoll Seafood ASA: 8%
6. Bakkafrost: 7%
7. Norway Royal Salmon ASA: 5%
8. Cermaq Group AS: 4%
9. Scottish Sea Farms: 3%
10. Cooke Aquaculture: 2%

Economic Moat of Austevoll Seafood ASA:

Austevoll Seafood ASA has a moderate economic moat, primarily stemming from its vertical integration and diversification in the fishing and aquaculture industry. The company benefits from a strong position in salmon farming and fishmeal production, enabling a certain cost leadership.

Compared to leading companies like Mowi ASA and SalMar ASA, which have larger scale effects and more extensive global distribution networks, Austevoll's economic moat is less pronounced. For example, Mowi ASA has a significant advantage in negotiating power and brand recognition due to its size and market presence.

SalMar ASA and Lerøy Seafood Group ASA also offer strong competitive positions through innovative technologies and sustainable practices, helping them differentiate themselves in an increasingly environmentally conscious market.

Overall, Austevoll Seafood ASA has a solid but not dominant economic moat compared to its larger competitors. Continuous investment in efficiency improvements and sustainable practices could help strengthen this advantage in the future.

Revenue Growth: 8.2% (2025) EBITDA Margin: 18.5% (2025) Net Debt to Equity Ratio: 0.45 (2025)

Austevoll Seafood ASA recorded a revenue growth of 8.2% in 2025, attributed to strong demand for seafood and strategic expansion into new markets. The EBITDA margin of 18.5% indicates that the company operates efficiently and manages its costs well.

The net debt to equity ratio of 0.45 suggests that Austevoll Seafood is financially sound and has a healthy capital structure. This provides the company with flexibility for future investments and expansions.

Overall, Austevoll Seafood ASA demonstrates solid financial metrics and stable growth, indicating a positive outlook. However, investors should also consider external factors such as market conditions and regulatory changes in the fisheries sector before making an investment decision.

Dividend Yield: 3.5% (estimated for 2026)
Average Dividend Yield of the Last 5 Years: 4.0%
Dividend Continuity: Annual payout in the last 5 years

Austevoll Seafood ASA has regularly distributed dividends in recent years, indicating a reliable dividend policy. The average dividend yield over the last five years has been around 4.0%, which is considered attractive in comparison to the industry.

A dividend yield of approximately 3.5% is expected for the year 2026. This slight reduction could be attributed to fluctuating earnings or strategic investments. Nevertheless, the payout policy remains stable, indicating a solid financial foundation of the company.