Sparebank 1 analysts reiterated their "buy" recommendation for aquaculture equipment supplier Akva on Friday, despite the company posting a loss of NOK 21 million (€2 million/$2.3 million) on its land-based technology division during the second quarter as it was buffeted by COVID-19 fallout.

The "buy" recommendation was maintained by Sparebank 1 analyst Christopher Robin Winter, who in a note to investors said prospects for land-based technology keep improving.