Ode achieves historic annual profitability in cod farming
NORWAY Thursday, July 30, 2026, 21:50 (GMT + 9)
Norwegian company recorded revenues of NOK 877 million (US$ 91 million) in 2025 and a net profit of NOK 66 million (US$ 7 million), marking the first positive annual financial statement in the history of the farmed cod industry. Ålesund — Ode, Norway's largest producer of farmed cod (Gadus morhua), reported a turnover of NOK 877 million (US$ 91 million / EUR 80 million) during the 2025 fiscal year, representing a 118.7% growth compared to NOK 401 million (US$ 41.7 million) achieved in 2024. Gross operating result (... FULL STORY