Brief: SalMar Reiterates Harvest Volume Guidance For 2024
14/05/2024 06:00
May 14 (Reuters) - SalMar ASA SALM.OL :
* HARSH WINTER CONDITIONS, EXTREME WEATHER EVENTS AND
CONTINUED
JELLYFISH ATTACKS HAD ADVERSE EFFECT ON SALMAR'S FARMING
SEGMENTS IN NORWAY IN Q1
* RESULTS IN THE FIRST QUARTER CHARACTERIZED BY A
CHALLENGING
WINTER PERIOD
* OUTLOOK FOR 2024 REITERATED
* QTRLY HARVEST VOLUME WAS 52,900 TONNES AND OPERATIONAL
EBIT PER
KG WAS NOK 28.6
* SALMAR CONTINUE TO EXPERIENCE STRONG DEMAND FOR OUR
PRODUCTS AND
EXPECT LIMITED GLOBAL SUPPLY GROWTH IN 2024
* Q1 CONTRACT SHARE WAS 39 PER CENT, WITH NEGATIVE
CONTRIBUTION
* ICELANDIC SALMON IS AFFECTED BY HIGH COST DUE TO
BIOLOGICAL
CHALLENGES
* SCOTTISH SEA FARMS HAD A SOLID QUARTER, WITH SIGNIFICANTLY
IMPROVED RESULTS AND GOOD BIOLOGICAL STATUS IN ALL REGIONS
* 2024 VOLUME GUIDANCE REMAINS UNCHANGED AT 237,000 TONNES
IN
NORWAY ,7,000 TONNES FROM SALMAR AKER OCEAN, 15,000 TONNES IN
ICELAND AND 37,000 TONNES IN SCOTLAND
Further company coverage: SALM.OL
(Gdansk Newsroom)
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