Brief: Austevoll Seafood Q2 EBITDA Up At NOK 1,764 Million

Austevoll Seafood ASA

24/08/2022 06:26

Aug 24 (Reuters) - Austevoll Seafood ASA  AUSS.OL :
    * INTERIM REPORT Q2 AND FIRST HALF 2022
    * PRICES FOR ALL SEAFOOD ROSE STRONGLY AGAIN IN Q2, BUT
EXTRAORDINARILY SO FOR SALMON AND TROUT
    * REVENUE IN Q2 2022 TOTALLED NOK 7,852 MILLION, COMPARED
WITH NOK
6,263 MILLION IN Q2 2021
    * PRICE DEVELOPMENT HAS BOOSTED EARNINGS FROM GROUP'S
FARMING AND
FISHERIES OPERATIONS
    * Q2 EBITDA NOK 1,764 MILLION VERSUS NOK 1,262 MILLION YEAR
AGO
    * Q2 HARVEST VOLUME SALMON AND TROUT 33,083 GWT (Q2/21:
36,756
GWT)
    * THE GROUP’S SHARE FROM THE JOINT VENTURE IS FORECAST TO BE
APPROX. 23,000 TONNES IN 2022
    * IS EXPERIENCING RISING PRICES FOR KEY INPUT FACTORS, AND
INFLATION WILL IMPACT COST DEVELOPMENTS IN 2022 AND ON INTO 2023
    * REMAINS CONFIDENT THAT GROUP WILL ACHIEVE CONSIDERABLY
BETTER
RESULTS IN H2 2022 COMPARED WITH H2 2021

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

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