Brief: Austevoll Seafood BoD Recommends Dividend Payment Of NOK 5.50 Per Share In 2023

Austevoll Seafood ASA

21/02/2023 06:19

Feb 21 (Reuters) - Austevoll Seafood ASA  AUSS.OL :
    * FINANCIAL REPORT Q4 2022 AND PRELIMINARY FINANCIAL
STATEMENTS
FOR 2022
    * DECREASE IN EARNINGS CAN MAINLY BE ATTRIBUTED TO LOWER
EARNINGS
FROM COMPANIES IN SOUTH AMERICA
    * BUSINESS IN PERU EXPERIENCED A CHALLENGING SECOND FISHING
SEASON
WITH SIGNIFICANTLY LOWER CATCH AND PRODUCTION VOLUMES, BUT ALSO
HAD REDUCED SALES VOLUMES OF FINISHED PRODUCTS IN QUARTER
COMPARED WITH Q4 2021
    * FOR FARMING COMPANIES, SEASONAL INCREASE IN HARVEST VOLUME
IN
NORWAY IN SECOND HALF OF 2022 MEANT LOWER PRICES FOR SALMON AND
TROUT THAN IN FIRST HALF
    * HIGH HARVEST VOLUME GENERATED GOOD EARNINGS DESPITE LOWER
MARGINS
    * LOWER OUTSTANDING QUOTAS IN Q4 LED TO LOWER CATCH VOLUMES
AND
EARNINGS FOR WHITEFISH OPERATIONS COMPARED WITH SAME PERIOD IN
2021
    * BOARD OF DIRECTORS WILL RECOMMEND A DIVIDEND  PAYMENT OF
NOK
5.50 PER SHARE IN 2023 (NOK 4.50 IN 2022)

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