Brief: Austevoll Seafood Q1 Income From Associates Before Adjustments At NOK 58 Million

Austevoll Seafood ASA

15/05/2024 06:20

May 15 (Reuters) - Austevoll Seafood ASA  AUSS.OL :
    * INCOME FROM ASSOCIATES BEFORE FAIR VALUE ADJUSTMENT
RELATED TO
BIOLOGICAL ASSETS TOTALLED NOK 58 MILLION IN Q1 2024 (Q1 2023:
NOK 75 MILLION)
    * EQUIVALENT FIGURE INCLUDING FAIR VALUE ADJUSTMENT OF
BIOLOGICAL
ASSETS WAS NOK 62 MILLION (Q1 2023: NOK 66 MILLION)
    * AS PREVIOUSLY REPORTED, NORSKOTT HAVBRUK (SCOTTISH SEA
FARMS)
HAD AN EXTREMELY CHALLENGING 2023
    * PELAGIA IS SUSTAINING ITS POSITIVE DEVELOPMENT, AND
EXECUTED ONE
OF ITS HIGH SEASONS FOR PRODUCTION OF END PRODUCTS IN Q1
    * THIS LEVEL OF PRODUCTION PROVIDES A GOOD BASIS FOR SALES
VOLUMES
IN COMING QUARTERS
    * EARNINGS IN THE WILD CATCH SEGMENT ARE SIGNIFICANTLY
AFFECTED BY
THE QUOTA BASIS, AND IT IS NOT  POSSIBLE TO PROVIDE ESTIMATES
FOR 2025

Source text for Eikon:  ID:nObih40yda 
Further company coverage:  AUSS.OL 

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