Brief: Austevoll Q3 EBIDTA Rises To NOK 1,146 Million

Austevoll Seafood ASA

11/11/2021 06:38

Nov 11 (Reuters) - Austevoll Seafood ASA  AUSS.OL :
    * FINANCIAL REPORT Q3 2021
    * Q3 REPORTED OPERATING REVENUE OF NOK 7,390 MILLION IN
QUARTER,
COMPARED WITH NOK 5,538 MILLION IN Q3 2020
    * Q3 EBIDTA IN Q3 2021 TOTALLED NOK 1,146 MILLION, COMPARED
WITH
NOK 789 MILLION IN Q3 2020
    * HIGHER SALES VOLUME FOR ATLANTIC SALMON, FISHMEAL AND FISH
OIL,
AND IMPROVED EARNINGS FROM LAND-BASED INDUSTRY
    * PROFIT FIGURE FOR Q3 INCLUDES A ONE-OFF GAIN OF NOK 70
MILLION,
WHICH WAS EFFECT OF A SO-CALLED STEP ACQUISITION.
    * PRICE DEVELOPMENTS FOR ATLANTIC SALMON HAVE BEEN VERY
VOLATILE
IN 2021, SUBSTANTIALLY INFLUENCED BY THE RIPPLE EFFECTS OF THE
COVID-19 PANDEMIC.
    * THROUGHOUT THIRD QUARTER, DEMAND FOR NORWEGIAN SALMON, 
MEASURED
IN EURO, HAS GROWN TO RECORD-HIGH LEVELS
    * OUR BEST ESTIMATE FOR 2021 PROJECTED HARVEST VOLUME,
INCLUDING
ASSOCIATES, IS 204,000 GWT
    * SALMON AND TROUT: EXPECTED HARVEST VOLUME 2022 INCL.
ASSOCIATES
207,000 GWT (EX. ACQUISITION UK)

Source text for Eikon:  ID:nObiJsxb8a 
Further company coverage:  AUSS.OL 

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