Norcod Posts First Profitable Quarter as Cod Biomass Hits Record

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Norcod, the Norwegian cod farmer listed on Oslo's Euronext Growth market, reported its first profitable quarter in Q3 2026, with EBIT of NOK 23 million and net profit of NOK 8.5 million, according to its quarterly report. Operating revenues rose to NOK 89 million from NOK 37 million a year earlier.

CEO Christian Riber called the quarter a significant moment for Norcod, adding that it is "only the beginning of cod farming realizing its potential...

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