Leroy Seafood Group ASA

Leroy Seafood Group ASA

43.58
NOK
-0.22
(-0.50%)
1.26EPS
32.28P/E
22.81BMarket Cap
Nov 10Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
19.72
23.05
24.65
30.26
31.28
33.31
34.3
33.52
38.75
44.74
51.81
52.27
57.71
56.04
Basic EPS, GAAP
3.18
1.93
2.16
5.65
2.94
5.77
3.12
1.33
4.42
4.88
0.46
4.49
0.61
1.19
Free Cash Flow per Basic Share
1.2
1.49
0.19
3.5
3.54
1.51
2.37
1.66
4.57
2.29
3.38
0.27
4.22
4.74
Dividend per Share
0.72
1.06
1.25
1.16
1.4
1.59
2.14
1.55
2.02
2.62
2.57
2.58
2.52
2.51
Book Value per Share
12.45
13.39
14.54
21.06
22.85
27.13
28.3
28.14
30.56
33.1
31.38
33.6
31.57
29.14
Tangible Book Value per Share
5.1
5.58
6.52
7.59
9.38
13.41
14.61
14.19
16.19
18.74
16.79
18.92
16.94
14.39
Basic Weighted Avg Shares
546
546
546
571
595
595
595
595
595
595
595
595
595
599
Sales/Revenue/Turnover
10,765
12,579
13,451
17,269
18,624
19,838
20,427
19,960
23,073
26,641
30,853
31,124
34,362
33,564
Operating Margin (%)
21.75
10.7
11.41
24.98
10.76
21.58
11.62
5.6
15.38
16.05
10.69
9.72
3.11
5.92
Depreciation Expense
307
369
434
512
583
660
- -
1,158
1,252
1,326
1,484
1,652
1,908
1,981
Net Income, GAAP
1,733
1,056
1,180
3,224
1,749
3,437
1,857
794
2,632
2,907
273
2,673
366
711
Effective Tax Rate (%)
23.95
22.95
17.87
20.85
16.43
19.13
20.96
19.93
21.25
22.17
91.9
- -
- -
25.82
Profit Margin (%)
16.1
8.39
8.77
18.67
9.39
17.33
9.09
3.98
11.41
10.91
0.88
8.59
1.07
2.12
Working Capital
4,290
4,956
4,853
7,872
7,556
8,317
7,984
7,181
9,308
10,139
12,563
11,386
7,858
7,106
LT Debt
2,357
2,767
2,377
4,541
4,946
4,551
5,509
5,894
7,409
7,089
8,963
9,372
7,524
8,063
Total Equity
7,549
8,080
8,764
13,475
14,482
17,134
17,763
17,633
19,323
21,024
19,897
21,167
19,943
18,419
Return on Invested Capital (%)
17.98
10.01
10.56
21.12
8.24
15.75
7.83
3.55
10.48
11.15
0.84
- -
- -
4.64
Return on Capital (%)
16.83
10.07
10.29
19.23
9.7
15.96
8.58
3.96
10.04
9.93
1.24
- -
- -
3.23
Return on Common Equity (%)
28.72
15.07
15.58
31.57
13.38
23.1
11.25
4.73
15.06
15.34
1.42
13.82
1.89
4

Capital Structure

NOK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
5,367
5,372
4,978
LT Borrowings
4,904
4,722
5,571
LT Finance Leases
2,620
2,486
2,492
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
595
595
595
Market Capitalization
30,220
29,297
22,807

Working Capital

NOK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
17,498
17,509
16,472
Cash, Cash Equivalents & STI
2,519
2,823
2,562
Accounts Receivable, Net
3,224
2,999
3,168
Inventories
10,832
10,607
9,709
Total Current Liabilities
9,640
9,345
9,366
Payables & Accruals
- -
- -
- -
ST Debt
5,367
5,372
4,978
Deferred Revenue
- -
- -
- -

Growth Rates

NOK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.61%
2.73%
-5.78%
Free Cash Flow
332.4%
309.21%
1,465.42%
Net Income, GAAP
106.68%
189.19%
-86.31%
Sales/Revenue/Turnover
10.16%
11.63%
10.4%
Total Cash Common Dividend
9.95%
11.17%
-2.49%

Quarterly Revenue

NOK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
7,110
7,649
7,889
8,477
31,124
2025
7,951
8,826
8,755
8,832
34,362
2026
8,083
7,894
- -
- -
- -

Quarterly Earnings Per Share

NOK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.8
1.08
-0.09
2.7
4.49
2025
-0.64
0.21
0.75
0.29
0.61
2026
0.48
-0.34
- -
- -
- -

Quarterly Dividends Per Share

NOK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
2.5
0.01
0.06
2.58
2025
- -
2.51
- -
- -
2.52
2026
- -
2.54
- -
- -
- -

Company Description

CEO
Henning Kolbjørn Beltestad
Full Time Employees
5,723
Sector
Consumer non-durables
Industry
Food: meat/fish/dairy
Address
Thormøhlens gate 51 B Bergen HL Norway 5006
IPO Date
Jun 3, 2002
Business
Lerøy Seafood Group ASA, a vertically integrated seafood producer founded in 1899 and headquartered in Bergen, Norway, engages in the production of salmon and trout; wild catch of whitefish including cod, haddock, saithe, shrimp, crab, mussels, and Greenland halibut; value-added processing, sales, and distribution of fresh, frozen, smoked, marinated, ready-to-eat, and ready-to-cook products such as fillets, portions, breaded fish, burgers, patties, and seaweed items; and marketing under brands including Norway Seafoods, Arctic Supreme, Fjord Trout, Aurora Salmon, Fossen, Sea Eagle, Lerøy, and Mær. The company operates farming operations in Norway's North, Mid, and West regions, as well as a 50% stake in Scottish Sea Farms in Scotland; processing and packaging plants in Norway, Sweden, Denmark, Finland, France, the Netherlands, Portugal, Spain, Italy, Turkey, and the Shetland Islands; and sales offices in the USA, Japan, China, South Korea, Vietnam, and Thailand, serving supermarkets, restaurants, canteens, hotels, wholesalers, retailers, food service providers, and industrial customers across more than 80 countries. Recent developments include record harvest volumes of 59,200 gutted weight tonnes of salmon and trout in Q3 2025 despite biological challenges from high sea lice pressure and temperatures; announcement in Q4 2025 of investments in Aquatraz closed containment technology under Norway's environmental flexibility scheme in partnership with SalMar, targeting first fish in Q1 2027; additional NOK 350 million commitment to submerged cages aiming for 45% salmon shielding by mid-2025; planned total capex of NOK 2.0 billion for 2025 focused on biology improvements, fish welfare, post-smolt technology, and VAP&D growth; issuance of a new NOK 500 million green bond in October 2025; and sustained progress toward 200,000-tonne Norwegian harvest goal in 2025 with VAP, Sales & Distribution segment achieving record Q3 earnings on higher volumes and lower raw material costs.

Company News

  • Lerøy Seafood Group ASA (LYSFY) Q2 2026 Earnings Call Prepared Remarks Transcript

  • Lerøy Seafood Group ASA: Q1 2026 Results

  • Lerøy Seafood Group ASA: Invitation to presentation of Q1 2026 results

  • Lerøy Seafood Group ASA: Notice of Annual General Meeting

  • Lerøy Seafood Group ASA: Integrated annual report for 2025

  • Lerøy Seafood Group ASA (LYSFY) Analyst/Investor Day Transcript

  • Lerøy Seafood Group ASA: Solid operations across all segments, strong earnings in VAP S&D and Wild Catch

  • Lerøy Seafood Group ASA (LYSFF) Q1 2025 Earnings Call Transcript

  • Leroy Seafood downgraded to Underweight from Equal Weight at Barclays

  • Lerøy Seafood Group ASA (LYSFF) Q4 2024 Earnings Call Transcript

  • Lerøy Seafood Group ASA (LYSFF) Q3 2024 Earnings Call Transcript

  • Lerøy Seafood Group ASA (LYSFF) Q2 2024 Earnings Call Transcript

  • Lerøy Seafood Group ASA (LYSFF) Q1 2024 Earnings Call Transcript

  • Lerøy Seafood Group ASA (LYSFF) Q4 2022 Earnings Call Transcript

  • Leroy Seafood Group ASA (LYSFF) Q3 2022 Earnings Call Transcript

  • Leroy Seafood Group ASA (LYSFF) Q2 2022 Earnings Call Transcript

  • Leroy Seafood Group ASA (LYSFF) CEO Henning Beltestad on Q1 2022 Results - Earnings Call Transcript

  • Lerøy Seafood Group ASA (LYSFF) CEO Henning Beltestad on Q4 2021 Results - Earnings Call Transcript