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Atlantic Sapphire delays EBITDA break-even amid biomass adjustment

Summary by SalmonBusiness

Biomass adjustment pushes Atlantic Sapphire’s profitability timeline beyond 2025. Land-based salmon farmer Atlantic Sapphire has revised its financial outlook, delaying its EBITDA break-even timeline beyond Q4 2025 following a biomass adjustment strategy aimed at increasing harvest size and revenue growth. The company said in a stock market update on Thursday that the adjustment, completed in February, [...]

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Atlantic Sapphire delays EBITDA break-even amid biomass adjustment

Biomass adjustment pushes Atlantic Sapphire’s profitability timeline beyond 2025. Land-based salmon farmer Atlantic Sapphire has revised its financial outlook, delaying its EBITDA break-even timeline beyond Q4 2025 following a biomass adjustment strategy aimed at increasing harvest size and revenue growth. The company said in a stock market update on Thursday that the adjustment, completed in February, [...]

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SalmonBusiness broke the news in 1 day ago on Friday, February 28, 2025.

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