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BAKKAo - P/F Bakkafrost News Story

NOK731.2 14.6  2.0%

Last Trade - 2:04pm

Sector
Consumer Defensives
Size
Large Cap
Market Cap £3.65bn
Enterprise Value £3.90bn
Revenue £543.7m
Position in Universe 160th / 1836

BRIEF-Russia blocks some Bakkafrost salmon imports

Fri 16th November, 2018 11:06am
Nov 16 (Reuters) - P/F Bakkafrost  BAKKA.OL :
    * TEMPORARY CLOSURE OF FO 125 GLYVRAR TO EXPORT TO RUSSIA
    * RUSSIAN AUTHORITIES ROSSELKHOZNADZOR HAVE IMPOSED
RESTRICTIONS
ON IMPORT FROM AUT 125 GLYVRAR
    * STATED REASON IS FOUND OF SOME BACTERIA IN A SAMPLE OF OFF
CUTS,
THAT WAS IMPORTED TO RUSSIA
    * FAROESE FOOD AUTHORITIES HEILSUFRØÐISLIGA STARVSSTOVA WILL
INSPECT AND GO THROUGH ALL DOCUMENTATION AT FACTORY AUT 125
TODAY AND RESPOND TO RUSSELKOZNADOR NEXT WEEK
    * CONSEQUENCE OF ISSUE IS THAT EXPORT OF OFF CUTS TO RUSSIA
FROM
AUT 125 GLYVRAR WILL STOP FROM 23 NOVEMBER 2018 UNTIL FURTHER
DECISION HAS BEEN TAKEN
    * WILL BE ABLE TO REALLOCATE OUR SALES TO OTHER MARKETS

Source text for Eikon:  urn:newsml:reuters.com:*:nWkr9FYGLm
Further company coverage:  BAKKA.OL 

 (Reporting By Terje Solsvik)
 ((terje.solsvik@thomsonreuters.com;))
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