Brief: Akva Group Decides On No Dividend For Second Half 2022

Akva ASA

10/02/2023 07:40

Feb 10 (Reuters) - Akva Group ASA  AKVA.OL :
    * DUE TO SLOW FINANCIAL PERFORMANCE IN 2022 COMPANY HAS
DECIDED
NOT TO PAY ANY DIVIDEND IN SECOND HALF OF 2022
    * OUTLOOK: SALMON PRICES ARE EXPECTED TO REMAIN STRONG
DRIVEN BY
REDUCED SUPPLY
    * OUTLOOK: MEDIUM FINANCIAL TARGETS REMAIN UNCHANGED AND
AKVA IS
TARGETING MINIMUM NOK 4  BILLION IN REVENUE AND MINIMUM 8% EBIT
IN 2024
    * OUTLOOK: IMPLICATIONS FROM INTRODUCTION OF NEW RESOURCE
TAX ARE
UNCERTAIN. MOST LIKELY THIS WILL HAVE A NEGATIVE IMPACT ON
ACTIVITY LEVEL ON SHORT AND MEDIUM TERM, ESPECIALLY IN POST
SMOLT MARKET IN NORWAY

Source text for Eikon:  ID:nGNE2fhHsR 
Further company coverage:  AKVA.OL 
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