The annual report for BioMar underlines the long-term positive development of the company. While volumes have increased, earnings were maintained at a robust level.
BioMar left 2025 with a total increase in feed volumes of 13%, reaching 1.56 million tonnes in 2025. The growth was primarily driven by a 31% increase in volumes in the Shrimp segment, while the Salmon segment grew by 8% and the Selected Species segment 11%. At the same time, volumes in the joint ventures in China and Türkiye increased by 21%.
“We have an unwavering focus on building up business with the right customers. We have not just gained market share but built up even stronger long-term partnerships with customers across the globe with whom we share a passion for building efficient and sustainable aquaculture. The volumes are primarily coming from customers who are taking lead in building new standards for the industry”,
explains Carlos Diaz, CEO BioMar Group.
The company results were on par with 2024 in terms of EBIT, but with a further increase in return on invested capital, which rose from 21.2% in 2024 to 23.6% in 2025. For the first time, the results were significantly impacted by the Tech Solutions segment:
“We have during the last years invested in building up the Tech Solutions segment, enhanced our R&D capabilities, organisation and global sales presence. Looking back at 2025, it is rewarding to see how our strategic commitment to future-proofing the company by advancing feed solutions technology is gaining momentum and beginning to contribute to our earnings”,
comments Carlos Diaz.
Complementing the business results, BioMar took several decisions during the year strengthening the
organisation, acquiring full ownership of the business in Ecuador and in Costa Rica, while increasing research
capacity for salmon in Norway by the purchase of the remaining shares in LetSea.
“In many ways, the year 2025 has been an important stepping stone in our development. We have been ramping up volumes, and in 2026 we expect to launch new lines in China and Ecuador, while investing in current production capabilities and new technology, preparing for even more organic growth. 2026 will be a transition year enabling us to reach our mid-term target of growing volumes organically 4-6% per year in average towards 2030”,
continues Carlos Diaz and adds:
“Our owner, Schouw & Co., has decided to evaluate a separate listing of BioMar, which is ongoing. The process is extremely valuable for BioMar, enabling us to fortify our business even further. I am once again amazed by the dedication and hard work from all our employee contributing to this process as well as to the overall results of the business. Results are for sure created by people”.
