Brief: Leroy Q3 Reported Revenue Falls To NOK 4,773 Mln

Leroy Seafood ASA

11/11/2020 06:44

Nov 11 (Reuters) - Leroy Seafood Group ASA  LSG.OL :
    * LEROY SEAFOOD GROUP- IN Q3 2020, LERØY SEAFOOD GROUP (LSG)
REPORTED REVENUE OF NOK 4,773 MILLION, COMPARED WITH NOK 5,102
MILLION IN SAME PERIOD IN 2019
    * OPERATING PROFIT BEFORE FAIR VALUE ADJUSTMENT RELATED TO
BIOLOGICAL ASSETS WAS NOK 370 MILLION IN Q3 2020
    * GROUP REPORTS REVENUE OF NOK 14,790 MILLION FOR FIRST
THREE
QUARTERS OF 2020, COMPARED WITH NOK 15,188 MILLION IN SAME
PERIOD OF 2019
    * OPERATING PROFIT BEFORE FAIR VALUE ADJUSTMENT RELATED TO
BIOLOGICAL ASSETS FOR FIRST THREE QUARTERS OF 2020 WAS NOK 1,508
MILLION
    * NOT POSSIBLE FOR MANAGEMENT AND BOARD OF DIRECTORS TO FORM
ANY
PRECISE OPINION ON EITHER DURATION OR CONSEQUENCES OF PANDEMIC
    * IN 2021 EXPECT TO SEE INITIAL EFFECTS OF SUBSTANTIAL
INVESTMENTS
IN SMOLT AND OTHER IMPROVEMENT MEASURES

Source text for Eikon:  ID:nGNE55FQMK 
Further company coverage:  LSG.OL 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))