SalMar jumps to top of STOXX after Q1 sales beat

SalMar ASA

11/05/2023 09:25

** Shares in SalMar  SALM.OL  jump 8% to the top of STOXX
 .STOXX  index after Q1 revenue beats expectations
    ** Q1 revenue came in at NOK 6.79 billion ($647.39
million)against an estimate of NOK 5.95 billion seen in
Refinitiv poll
    ** For Q2, the group expects slightly higher volume and
similar cost level in Norway
    ** The stock is on track for its best day since September
2022


($1 = 10.4882 Norwegian crowns)

 (Reporting by Jagoda Darlak)
 ((jagoda.darlak@tr.com))