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BAKKAo - P/F Bakkafrost News Story

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Last Trade - 07/05/21

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

Faroese fish farmer Bakkafrost keeps full-year harvest guidance unchanged

Fri 3rd July, 2015 11:40am
OSLO, July 3 (Reuters) - Faroese fish farmer Bakkafrost 
 BAKKA.OL  said on Friday it will not change its full-year 
harvest guidance as production in the second quarter was in line 
with its expectations.  
    "Producution in second quarter are in line with our 
expectations. We are not making any changes to our full year 
guidance", Chief Executive Regin Jacobsen told Reuters. 
    The firm forecasted salmon harvest volumes of between 49,000 
and 51,000 tonnes this year. It reported a volume of 14,200 
tonnes in the second quarter. 
    Analystst in DNB Markets and Nordea Markets said they were 
surprised by the high production figures and expected 
respectively 12,000 and 12,500 tonnes in the second quarter. 
    Bakkafrost reports second-quarter results on August 25. 
 (Reporting by Joachim Dagenborg, editing by Stine Jacobsen) 
 ((joachim.dagenborg@thomsonreuters.com; +47 233 16 592; Reuters 
Messaging: joachim.dagenborg.thomsonreuters.com@reuters.net)) 
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