Brief: Atlantic Sapphire H1 EBITDA Loss Narrows To $30.7 Mln
01/09/2025 09:54
Sept 1 (Reuters) - Atlantic Sapphire ASA ASA.OL SAID ON SUNDAY H1 EBITDA LOSS NARROWED TO $30.7 MLN VS LOSS $46.6 MLN IN H1 2024 2025 HARVEST VOLUME EXPECTED AT ~5,400 TONS HOG, UP ~25% VS. 2024 2026 VOLUME EXPECTED AT ~7,000 TONS WITH FURTHER OPTIMIZATION OF PHASE 1 THEREAFTER TO REACH ~7,500-8,500 TONS AND $3-5 EBITDA/KG PHASE 1 VALIDATION TO UNLOCK HIGH-MARGIN, VALUE-ACCRETIVE PHASE 2 EXPANSION TARGETING EBITDA OF $4-6/KG ON ~25,000 TONS Source text for Workspace: nObifqHM9a Further company coverage: ASA.OL (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
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