SalMar slides as the low harvest volume hits Q1 profit

SalMar ASA

20/05/2025 08:18

** SalMar SALM.OL shares fall 4.6% after the Norwegian fish farmer posted operational profit miss in first quarter, affected by low harvest volume

** The company posts operational profit in Q1 falling nearly 48% to NOK 798 million ($77.7 million) against a NOK 998.6 million seen on average by analysts, per LSEG data

** The co cites low harvest volume where majority of the volume was harvested late in the quarter

** The company is among top fallers in pan-European STOXX 600 .STOXX index

($1 = 10.2758 Norwegian crowns)

 (Reporting by Agnieszka Gosciak-Rabalska)

 ((Agnieszka.gosciak@thomsonreuters.com))