Powered by Partnership. Driven by Innovation.
Care for core of our business through commercial and operational excellence while building sustainability into our commercial value proposition and ensuring the sound use of our capital.
Grow our well-established markets within Salmon and Selected Species to achieve further economies of scale and become even more relevant to our customers, mainly across the European geographies.
Become a truly global player in all major aqua markets, promoting our focus on sustainable and efficient aquaculture. Focus on accelerating growth in Asia and expanding our market position in Latin America.
Move into related business areas, innovating for next generation product solutions and services. Enabling commercialisation of novel raw materials, AI-based farming solutions and related technologies.
To facilitate excellence in what has already been built we will continue to expand into new areas while exploring opportunities in related business areas that will support innovation across the aquaculture industry.
Results (21)
he year 2024 underlined the long-term positive development of BioMar. Profitability was remarkably strong in a year of declining volumes and revenue. Concluding a successful year, BioMar achieved a strong Q4, resulting in the best results ever for the group.
BioMar's third quarter reveals a decline in sales volumes year-on-year, while the company is still heading for a strong full-year result.
Midyear, BioMar discloses strong momentum aiming for another all-time high full year result. While volumes and revenue for the second quarter of the year are lower than last year, EBITDA is up by 36%.
By adding all the feed companies in the Group managed by BioMar, including joint ventures, BioMar ends with a record first quarter of EBITDA of more than DKK 310 million.
Concluding a successful year, BioMar achieved a strong Q4, resulting in the best results ever for the group.
BioMar is coming out of the third quarter with a 5% increase in volumes year-on-year. The increase in volumes, combined with a strong product strategy,
BioMar concludes the year with solid growth across markets with a significant increase in volumes and revenue, reaching an all-time high level.
The positive development is mainly driven by stronger development in the Salmon and LATAM divisions, compensating for a weaker result in the EMEA division.
The company is now raising earnings guidance for the full year to the range of DKK 960-1,000 million.
The significant increase in revenue in Q2 was driven by higher sales volumes, raw material prices, and to some extend currency rate development.
The significant increase in revenue in Q1 was driven by higher sales volumes, raw material prices, and to some extend currency rate development.
Following the invasion of Ukraine, BioMar Group shuts down all trade activities with Russia. The decision includes sales of finished products as well as the sourcing of raw materials.