Brief: Austevoll Seafood Q2 EBIT Before Fair Value Adjustment Falls To NOK 874.5 Million

Austevoll Seafood ASA

21/08/2019 06:13

Aug 21 (Reuters) - Austevoll Seafood ASA  AUSS.OL :
    * INTERIM REPORT Q2 AND FIRST HALF 2019
    * Q2 OPERATING REVENUE NOK 6.08 BILLION VERSUS NOK 6.00
BILLION
YEAR AGO
    * Q2 EBIT BEFORE FAIR VALUE ADJUSTMENT RELATED TO BIOLOGICAL
ASSETS NOK 874 MILLION (Q2 2018: NOK 1,335 MILLION)
    * Q2 EBIT BEFORE FAIR VALUE ADJUSTMENT NOK 874.5 MILLION
VERSUS
NOK 1.34 BILLION YEAR AGO
    * GROUP'S CONTRACT SHARE FOR SALMON IN Q3 2019 IS ESTIMATED
TO BE
AROUND 25-30%
    * AUSTEVOLL SEAFOOD - PLANNED HARVEST VOLUME FOR RED FISH IN
2019,
INCLUDING SHARE FROM ASSOCIATES, IS CURRENTLY AROUND 183,000
TONNES
    * AUSTEVOLL SEAFOOD - EXPECTS TO SEE EARNINGS IN H2 2019
THAT ARE
IN LINE WITH THOSE REPORTED FOR THE FIRST HALF OF THE YEAR

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

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