Lerøy Seafood Group ASA outlined a strategy toward 2030 built on four priorities: Growth, Cost, Simplify and Leadership, supported by a sharpened capital allocation framework and the “Lerøy Way” execution model. The company targets NOK 50 billion in revenues and a 15% return on capital employed, and plans initiatives in 2026 to reduce its cost base by NOK 1 billion. In Value Added Processing, Sales and Distribution, Lerøy aims to sell 420,000 tonnes by 2030 and reach NOK 2 billion in EBIT, supported by deeper strategic partnerships, increased third-party sourcing, operational efficiency improvements and selective high-return investments. In Farming, the company plans to achieve the number-one relative cost position across all operating regions by 2030, reduce the cost base by NOK 850 million through 2026, and increase Norway harvest volumes to 220,000 GWT by 2030 based on existing license capacity. In Wild Catch, Lerøy plans to maintain its role supplying downstream volumes while operating with a leaner structure and upgraded fleet positioned for potential quota recovery toward 2030.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lerøy Seafood Group ASA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603020030OMX_____CNEWS_EN_GNW1001167518_en) on March 02, 2026, and is solely responsible for the information contained therein.