Brief: Nordic Halibut Q4 Loss At NOK 22.6 Mln

Nordic Halibut AS

28/02/2024 06:57

Feb 28 (Reuters) - Nordic Halibut AS  NOHAL.OL :
    * AIMS TO ACHIEVE A MINIMUM RELEASE OF 1 MILLION FISH INTO
THE SEA
DURING 2024; TARGET IS CRUCIAL FOR DERISKING FUTURE PRODUCTION
VOLUMES TOWARD 2026 AND 2027
    * THE AVERAGE SALES PRICE DURING Q4 ENDED AT 165 NOK/KG (0%
YOY)
    * AVERAGE SALES PRICE FOR FULL YEAR 2023 DEMONSTRATED A YOY
INCREASE OF 8%, CONCLUDING AT 161 NOK/KG.
    * Q4 EBITDA CAME IN NEGATIVE AT NOK -11.0 MILLION
    * Q4 LOSS FOR THE PERIOD ENDED AT NOK -22.6 MILLION IN TOTAL
    * IS STRATEGICALLY POSITIONED TO ACHIEVE ITS BUSINESS
OBJECTIVES,
AIMING TO PRODUCE 4,500 TONNES OF HOG BY 2026 AND 10,350 TONNES
BY 2031

Source text for Eikon:  ID:nObihFtJ9a 
Further company coverage:  NOHAL.OL 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))