Overview
Netherlands aquaculture firm's Q4 revenue grew 14% yr/yr
Company initiated financing discussions to support operations and maintain covenant compliance
Performance impacted by discontinuation of US fresh fish sales
Outlook
Company expects to be EBITDA positive in 2026
Kingfish does not expect cash flow positivity from operations in 2026
Company initiates discussions on capital structure and financing arrangements
Result Drivers
COMPETITIVE MARKET - Temporary increase in wild-caught fish availability pressured pricing and volumes in Europe
DISCONTINUED US SALES - Performance impacted by planned discontinuation of US fresh fish sales
PRODUCTION STRATEGY - Co increased proportion of larger fish in biomass, aligning with medium-term strategy
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | EUR 8.50 mln |
Press Release: ID:nObiBvsxha
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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