Brief: Austevoll Seafood Q3 Net Profit Up At NOK 1,041 Million

Austevoll Seafood ASA

15/11/2022 06:43

Nov 15 (Reuters) - Austevoll Seafood ASA  AUSS.OL :
    * Q3 OPERATING REVENUE OF NOK 9,094 MILLION, COMPARED WITH
NOK
7,390 MILLION IN Q3 2021
    * EBITDA AFTER FAIR VALUE ADJUSTMENT RELATED TO BIOLOGICAL
ASSETS
IN Q3 2022 WAS NOK 1,716 MILLION, COMPARED WITH NOK 1,146
MILLION IN Q3 2021
    * EBIT BEFORE FAIR VALUE ADJUSTMENT RELATED TO BIOLOGICAL
ASSETS
WAS NOK 1,279 MILLION IN Q3 2022, COMPARED WITH NOK 741 MILLION
IN Q3 2021
    * AFTER  PERIOD OF EXTREMELY STRONG PRICE PERFORMANCE FOR
SALMON,
TROUT IN H1, PRICES FELL SIGNIFICANTLY THROUGH Q3 2022, PARTLY
AS RESULT OF SUBSTANTIALLY HIGHER HARVEST VOLUMES IN NORWAY
    * EBIT AFTER FAIR VALUE ADJUSTMENT RELATED TO BIOLOGICAL
ASSETS IN
Q3 2022 WAS NOK 1,373 MILLION, COMPARED WITH NOK 556 MILLION IN
Q3 2021
    * Q3 GROUP PROFIT BEFORE TAX FOR QUARTER OF NOK 1,367
MILLION (Q3
2021: NOK 631 MILLION)
    * Q3 PROFIT AFTER TAX WAS NOK 1,041 MILLION (Q3 2021: NOK
517
MILLION)

Source text for Eikon:  ID:nObikQxxDa 
Further company coverage:  AUSS.OL 
 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))