Atlantic International Corp. dropped 2.26% in after-hours trading. The company reported seasonally record-high revenue of EUR 1.39 billion and volumes of 133k GWT, improved biological KPIs, and seawater production all-time high for a Q2. The volume guidance for 2025 was increased by 15k GWT to 545k GWT (+8.7% y/y). The farming cost for their seven origins was EUR/kg 5.39, the lowest since 2022. Consumer Products had the best Q2 ever on strong operational performance and lower raw material cost. The company also refinanced a bank facility with a EUR 2.6 billion five-year sustainability-linked facility and declared a quarterly dividend of NOK 1.45 per share (50% of underlying EPS).
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