Lerøy Seafood Group ASA
LYSFY
Other OTC9.50
USD
- -
- -
ISIN
US52681J1051
CUSIP
52681J105
Return %
Stock
S&P500
1Y
-5.94
19.00
3Y
16.85
71.44
5Y
-46.33
70.60
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Henning Kolbjørn Beltestad
- Full Time Employees
- 5,723
- Sector
- Consumer Defensive
- Industry
- Agricultural Farm Products
- Address
- Thormøhlens gate 51 B Bergen HL Norway 5006
- IPO Date
- Dec 4, 2014
- Website
- leroyseafood.com
- Similar Companies
- Business
- Lerøy Seafood Group ASA is a Norway-based integrated seafood company engaged in the production, processing, marketing, sale, and distribution of seafood products globally. The company operates through three main segments: Wildcatch, which involves the management of trawlers and processing of wild-caught whitefish; Farming, which focuses on production, harvesting, and filleting of salmon and trout; and Value-Added Processing, Sales and Distribution (VAPS&D), which includes processing, marketing, and selling salmon, trout, other seafood species, and raw materials. Its product portfolio comprises salmon and trout in forms such as whole fish, fillets, portions, smoked, gravad, block, cured, ready-to-eat and ready-to-cook products; whitefish including cod, saithe, and mackerel; crustaceans and mollusks such as shrimp, crab, and mussels; seaweed products; as well as breaded fish, burgers, patties, and other value-added seafood products. The company markets its products primarily under brands including Norway Seafoods, Arctic Supreme, Fjord Trout, Aurora Salmon, Fossen, Sea Eagle, Lerøy, and Mør. Founded in 1899 and headquartered in Bergen, Norway, Lerøy Seafood Group operates in Norway and several countries across Europe, including Sweden, France, Portugal, Turkey, and Spain, with sales offices in China, Japan, the United States, and Canada. It serves a diverse customer base including supermarkets, restaurants, canteens, hotels, wholesalers, retailers, food service companies, and industrial customers. Lerøy Seafood Group is a subsidiary of Austevoll Seafood ASA. Recent strategic developments include significant operational improvements and efficiency measures implemented since 2022 focused on biological performance and fish welfare, leading to record-high biomass production and full license utilization in 2024. The company has invested heavily in new technology for smolt production and sea-based phases and has expanded capacity in its processing facilities. Despite challenging market conditions, its Value-Added Processing, Sales and Distribution segment achieved its highest ever operational EBIT in 2024, while wild catch earnings were impacted by low quotas. The company continues to prioritize investments in capacity expansion and operational efficiency to support growth targets of 200,000 tonnes harvest volume by 2025 and NOK 50 billion in revenue by 2030. Lerøy Seafood Group maintains ownership and operational control of 10 processing plants and purchasing stations in Norway, with additional operations through subsidiaries such as Havfisk AS for wild catch and Lerøy Norway Seafoods AS, and a 50% stake in Scottish Sea Farms Ltd through Norskott Havbruk AS. The company emphasizes sustainable and healthy seafood products, supplying over 80 countries worldwide with an extensive range of seafood offerings from sea to consumer table.
Company News
Lerøy Seafood Group ASA (LYSFY) Q2 2026 Earnings Call Prepared Remarks Transcript
Leroy Seafood downgraded to Underweight from Equal Weight at Barclays