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BAKKAo - P/F Bakkafrost News Story

NOK731.2 14.6  2.0%

Last Trade - 5:00pm

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

BUZZ-Salmon price drops to low NOK 60s from above NOK 70 -Sparebank 1 Markets

Fri 16th March, 2018 7:57am
** Broker Sparebank Markets says over the past few days we
have seen spot salmon prices falling from above NOK 70 per kilo
to low NOK 60s in a relatively short time period
    ** Sparebank 1 Markets: The price drop is large and it is
happening earlier than expected, but it has to be seen in
relation to artificially low volumes coming out from Norway
    ** Sparebank 1 Markets: We stick with our cautious sector
view. Shares of salmon firms have rallied too much on the back
of artificially high spot prices
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