AKVA group ASA provided earnings guidance for the second quarter of 2022. The company is expecting a strong revenue of NOK 907 million in second quarter of 2022, representing an increase of 9% compared to second quarter of 2021. However, the profitability is significantly impacted by increased costs from high inflation rates, warranty and cost provisions.

EBIT is expected to be negative of NOK 41 million for second quarter 2022.