Salmar Says Fish Farming Segment In Norway Showed Improved Biological Performance
Aug 20 (Reuters) -SalMar ASA SALM.OL:
FISH FARMING SEGMENT IN NORWAY SHOWED IMPROVED BIOLOGICAL PERFORMANCE
HARSH WINTER CONDITIONS AND EXTREME WEATHER EARLIER IN THE YEAR CONTINUED TO NEGATIVELY IMPACT THE SUPERIOR SHARE, PRICE ACHIEVEMENT
CONTRACT SHARE WAS 46%, WHICH COMBINED WITH HIGH SPOT PRICES RESULTED IN NEGATIVE CONTRIBUTION
ICELANDIC SALMON REPORTED HIGH COST DUE TO CONTINUED BIOLOGICAL CHALLENGES IN THE QUARTER AND LOW HARVEST VOLUME, AFFECTING RESULTS
ICELAND HARVEST GUIDANCE IS REDUCED TO 13,000 TONNES
FARMING SEGMENTS IN NORWAY: COST LEVEL IN Q3 2024 IS EXPECTED TO BE SLIGHTLY HIGHER COMPARED TO Q2 2024
CONTRACT RATE EXPECTED AT 35%, BOTH IN Q3 AND FY 2024 IN NORWAY
Source text for Eikon: ID:nGNE27c5R
Further company coverage: SALM.OL
(Gdansk Newsroom)
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