Grieg Seafood to present Q2 results in accordance with IFRS 5 – Discontinued Operations
Grieg Seafood ASA will present its Q2 2025 financial results in accordance with IFRS 5 – Discontinued Operations, following the decision to divest the Group’s operations in Finnmark, British Columbia (BC) and Newfoundland (NFL).
As a result, Q2 reporting will separate the financial performance of Grieg Seafood’s continuing operations (Rogaland and associated activities retained within the Group) from the discontinued operations (Finnmark, BC and NFL). Discontinued operations will be presented on a separate line in the income statement, with comparatives restated accordingly.
This means that consensus estimates, analyst reports and other stakeholder expectations based on consolidated reporting will not be directly comparable to the Q2 figures as presented. The purpose of this notice is to clarify the reporting framework ahead of the publication of Q2 results, as the divestment represents a significant structural change for Grieg Seafood, reflected in the Q2 reporting.
About Grieg Seafood
Grieg Seafood ASA is one of the world's leading salmon farmers.
Following completion of the Transaction announced 17 July 2025, our operations will have a more geographically focused footprint in southwestern Norway with farms located in Rogaland and headquarters in Bergen.
Grieg Seafood ASA was listed at the Oslo Stock Exchange in June 2007.
Sustainable farming practices are the foundation of Grieg Seafood's operations. The lowest possible environmental impact and the best possible fish welfare is both an ethical responsibility and drive economic profitability.
To learn more, please visit www.griegseafood.com