Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Lerøy Seafood Group ASA is a global seafood production, processing, marketing, sales, and distribution company headquartered in Bergen, Norway. Founded in 1899, it operates as a fully integrated corporation across three key segments: Wildcatch, involving fishing for whitefish like cod, haddock, shrimp, crab, and mussels; Farming, focused on aquaculture of Atlantic salmon and trout at facilities along the Norwegian coast, Scotland, and other regions; and Value-Added Processing, Sales, and Distribution, producing fillets, smoked, cured, ready-to-eat, and ready-to-cook products including breaded items and sushi. The company markets under brands such as Norway Seafoods, Lerøy, and Aurora Salmon, serving supermarkets, restaurants, wholesalers, and industrial clients in over 80 countries, primarily Europe, the US, Canada, and Asia. As Norway's largest seafood exporter and a subsidiary of Austevoll Seafood ASA, Lerøy Seafood Group ASA emphasizes sustainability through initiatives in fish welfare, reduced waste, electrification, and certifications, controlling substantial farming licenses and fishing quotas while innovating in product development and logistics.
Operating margin is thin at 3.11%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue grew 10.4%, still solid. Margins contracted 6.6pp, which offsets some of the top-line progress.
ROIC dropped from 9.25% to 3.17%, capital efficiency is deteriorating. Net debt of NOK 10.37B represents 4.1x FCF, leverage limits flexibility.
Profitability & Returns
Revenue (TTM)
NOK 34.49B
▲ +10.4% YoY
Net Income (TTM)
NOK 1.09B
▼ -86.4% YoY
Op. Margin
6.88%
▼ -6.6pp YoY
ROIC
3.17%
▼ -6.1pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
NOK 2.25B
▲ +1465.4% YoY
Op. Cash Flow (TTM)
NOK 3.99B
▲ +159.8% YoY
Net Debt
NOK 10.37B
Cash & Equiv.
NOK 2.52B
3Y CAGR: +8.9%
3Y CAGR: +22.6%
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