AKVA Group ASA: Record Order Intake and Strategic Advancements in Q4 2024

AKVA Group ASA (FRA:3QI) recently reported its Q4 2024 financial results, highlighting a record high Sea Based order intake and strategic advancements in the aquaculture industry. The company delivered a strong performance, with record high quarterly order intake for its Sea Based business segment, driven by deep farming solutions and continued positive momentum in the Nordic market. The total order intake for the quarter reached BNOK 1,1, up from MNOK 718 in Q4 2023, reflecting the strong demand for AKVA Group's products and services.

The company's order backlog at the end of December 2024 stood at BNOK 2,7, indicating a healthy pipeline of future business. AKVA Group secured two significant contracts in Q4 2024, which are expected to have a positive impact on its revenue level in 2025. The first contract, a Recirculating Aquaculture System (RAS) smolt facility, was signed with Cermaq Chile in February 2025, with a contract value of approximately EUR30 million. The second contract, regarding re-use technology for a grow-out facility, was awarded to Laxey in January 2025, with an estimated contract value of EUR20 million, subject to financing.

AKVA Group is aiming for a minimum revenue of BNOK 4,0 and an EBIT of 6% in 2025, driven by the strong order backlog and awarded contracts. The company will continue to invest and improve solutions, both within Sea Based, Digital, and Land Based Technology, to maintain its competitive edge and drive future growth. AKVA Group will also conduct a Capital Markets Day on June 12, 2025, to engage with investors and discuss its strategic objectives and future prospects.



The company's strong order backlog and awarded contracts suggest that AKVA Group's revenue and EBIT projections for 2025 could be positively impacted. However, it is essential to monitor key factors such as order intake, contract execution, profitability, digital segment performance, and market conditions to ensure these projections materialize. By optimizing resource allocation and strategic focus, AKVA Group can drive more consistent growth and profitability across its operations.



In conclusion, AKVA Group ASA's record high Sea Based order intake and strategic advancements in Q4 2024 position the company well for future growth and profitability. With a strong order backlog and awarded contracts, AKVA Group is poised to achieve its revenue and EBIT projections for 2025. By closely monitoring key factors and optimizing resource allocation, AKVA Group can drive consistent growth and profitability across its operations.