The Kingfish Company (KING) Q2 2026 TU earnings summary

Financial performance

• Revenue reached €10.4 million in Q2 2026, up 15% like-for-like year-on-year.

• Sales volume increased to 755 metric tonnes, a 9% like-for-like rise year-on-year.

• Average revenue per kilogram rose by €0.6 to €13.8, a 4% increase year-on-year.

• Frozen sales revenue declined by 33% year-on-year as focus shifted to premium segments.

Commercial and market update

• Strong demand from foodservice, especially for fresh large fish, with volumes up 28% like-for-like.

• Robust pricing for superior-quality fresh large fish, up 5% year-on-year.

• Expanded distributor agreements and chef partnerships strengthened customer engagement.

Production and operational update

• Production was 691 metric tonnes, stable compared to the previous year.

• Standing biomass at quarter-end was 950 metric tonnes, meeting targeted levels.

• Temporary decline in superior-grade fish share from 90% to 75% affected product mix.

• Corrective measures implemented; product mix impact expected for 6–12 months.