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BAKKAo - P/F Bakkafrost News Story

NOK731.2 0.0  0.0%

Last Trade - 07/05/21

Sector
Consumer Defensives
Size
Large Cap
Market Cap £3.53bn
Enterprise Value £3.80bn
Revenue £529.9m
Position in Universe 163rd / 1832

BUZZ-Bakkafrost: Big Q4 miss sends shares sharply lower

Tue 19th February, 2019 8:55am
** Shares in Oslo-listed salmon farming co Bakkafrost
 BAKKA.OL  down >10 pct after Q4 below expectations
    ** Co reports operational EBIT of DKK 231 mln, below RTRS
poll of DKK 320 mln  urn:newsml:reuters.com:*:nFWN20D0Y2
    ** DNB Markets says with costs in qtr reported as stable
lower margin is due to lower realized prices than expected
    ** Brokerage says key uncertainty now is whether co's
earnings margins will remain at lower level or not
    ** Shares set for worst day ever

 ((joanna.wodzicka@tr.com))
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