Bakkafrost: Seen rising as Q1 profit beats expectations

P/F Bakkafrost

11/05/2021 07:59

** Shares in Oslo-listed Bakkafrost  BAKKA.OL  are seen up
2-3% after the company's January-March report  urn:newsml:reuters.com:*:nObiqlntRa
    ** The Faroe Islands-based salmon farmer delivered Q1
operating EBIT of 223.5 million Danish crowns ($36.48 million),
down from a year ago but above analysts estimates
    ** "The salmon market has been severely hampered by the
Covid-19 pandemic, but during this quarter we have also seen
clear signs of improvements in the market," the company said

($1 = 6.1259 Danish crowns)

 ((Izabela.niemiec@tr.com))