New Zealand King Salmon Investments (ASX:NZK, NZE:NZK) raised its fiscal 2026 pro-forma earnings before interest, taxes, depreciation, and amortization guidance to NZ$36 million to NZ$39 million, from NZ$30 million to NZ$34 million previously, according to a Thursday filing with the New Zealand and Australian bourses.
Pro-forma earnings before interest and taxes is now expected at NZ$27 million to NZ$30 million, compared with the previous guidance of NZ$21 million to NZ$25 million, per the filing.
The company maintained its fiscal 2026 harvest guidance of 5,950 to 6,050 metric tonnes while continuing to invest in growth to support fiscal 2027 and fiscal 2028 volumes despite expecting higher feed and wellboat costs to pressure the supply chain from fiscal 2027, the filing said.