Skip to content
Live newsroom 140 readers online
Thursday, August 27, 2026 Live Sync: Just now
BreakingWill Moderna’s Cancer Vaccine Be Good for People, or Profits?
Technology

Grieg Seafood ASA (STU:GR8) (Q2 2026) Earnings Call Highlights: Navigating Biological …

This article first appeared on GuruFocus. Revenue: Sales revenues down 6% year-over-year, impacted by a high share of downgraded fish in a soft price environment and lower harvest volumes. Operational EBIT: Negative NOK 30 million, equivalent to negative NOK 2.1 per kilo. Farming Cost: NOK 70.9 per kilo for the first half, an increase of […]

By deepak · August 27, 2026 · 2 min read

This article first appeared on GuruFocus.

Revenue: Sales revenues down 6% year-over-year, impacted by a high share of downgraded fish in a soft price environment and lower harvest volumes.

Operational EBIT: Negative NOK 30 million, equivalent to negative NOK 2.1 per kilo.

Farming Cost: NOK 70.9 per kilo for the first half, an increase of over NOK 40 year-over-year; full-year guidance maintained at NOK 67.5.

Harvest Volume: Nearly 14,000 tons harvested in the first half; full-year guidance increased back to 31,000 tons.

Superior Share: Low at 63% due to winter wounds, improving by end of Q2.

Net Cash Flow from Operations: Negative NOK 108 million, impacted by negative working capital changes of NOK 257 million.

Net Cash Flow from Investments: Negative NOK 80 million, including NOK 35 million CapEx in Rogaland and NOK 44.5 million participation in the share issue at Oda Aqua.

CapEx Guidance: Reduced for full-year 2026 from NOK 150 million to NOK 105 million.

Net Interest-Bearing Debt: NOK 1.25 billion excluding IFRS, with available liquidity and cash above NOK 1.1 billion.

Sales Segment EBIT: Positive contribution of NOK 15 million, with a contract share of 30% year-to-date.

Dividend: NOK 4 billion paid in end of April.

Cost Reduction: Headquarter cost reduction tracking ahead of plan, targeting NOK 3 per kilo and below.

Warning! GuruFocus has detected 5 Warning Signs with STU:GR8.

Is STU:GR8 fairly valued? Test your thesis with our free DCF calculator.

Source: Read the original article on ca.finance.yahoo.com