Brief: Austevoll Seafood Q1 Adj EBIT NOK 1.39 Bln

Austevoll Seafood ASA

15/05/2025 06:16

May 15 (Reuters) - Austevoll Seafood ASA AUSS.OL:

Q1 NET INCOME NOK -195 MILLION

Q1 REVENUE NOK 9,808 MILLION VERSUS. IBES ESTIMATE NOK 9,795 MILLION

Q1 ADJUSTED EBIT NOK 1,394 MILLION

Q1 PRETAX PROFIT NOK -610 MILLION

Q1 ADJUSTED EBITDA NOK 1,938 MILLION

OUTLOOK: POSITIVE OUTLOOK FOR PERUVIAN SUPPLY, SUPPORTED BY STRONG QUOTA (3 MILLION TONNES) AND SOLID SEASON START

ON TARIFFS: SO FAR, EFFECTS HAVE BEEN LIMITED

WHILE INCREASED SUPPLY, LOWER PRICES ARE IMPACTING PROFITABILITY IN 2025, LONG-TERM PICTURE OF FARMING INDUSTRY HAS NOT CHANGED

Source text: ID:nObim2d9va

Further company coverage: AUSS.OL

 (Gdansk Newsroom)

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