Brief: Austevoll Seafood Projects Harvest Volume Of 193,500 Tonnes For 2024

Austevoll Seafood ASA

21/08/2024 06:19

Aug 21 (Reuters) - Austevoll Seafood ASA  AUSS.OL :
    * AFTER A VERY CHALLENGING 2023, IT IS POSITIVE TO SEE STRONG PROFIT PERFORMANCE IN NORSKOTT
HAVBRUK
    * PELAGIA HAD A LOWER LEVEL OF ACTIVITY WITHIN END PRODUCTS FOR CONSUMER MARKET IN Q2
    * OUTLOOK: LERØY IS CONTINUING TO WORK IN LINE WITH THE INTERIM TARGETS COMMUNICATED
PREVIOUSLY
    * OUTLOOK: FOR 2024, THE GROUP CURRENTLY PROJECTS A HARVEST VOLUME OF 193,500 TONNES,
INCLUDING
JOINT VENTURES
    * EARNINGS (ADJUSTED EBIT) FOR WILD CATCH SEGMENT WERE NOK 103 MILLION LOWER THAN SAME
PERIOD 2023
    * WILD CATCH SEGMENT: DECREASE LARGELY RESULT OF LOWER QUOTAS
    * THROUGH Q2, AND PARTICULARLY IN JUNE 2024, NUMBER OF QUALITY DOWNGRADES IN NORWAY
DECREASED 
SIGNIFICANTLY
    * COMBINED WITH SEASONAL GROWTH IN HARVEST VOLUME, THIS RESULTED IN SUDDEN VOLUME GROWTH AND
A 
MARKED FALL IN PRICES

Source text for Eikon:  ID:nObiTf6Vza 
Further company coverage:  AUSS.OL 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))