Salmon Evolution ASA
The X-News Explorer is the ultimate source of information for investors with an affinity for the stock market who want to get a quick and convenient overview of the current news situation of a listed company. Various newswire services are available here. If a news alert is displayed, you will find company news that may be of interest to you. This service is provided by PR-Newswire.
OSLO, Norway, Aug. 15, 2024 /PRNewswire/ -- Salmon Evolution ASA (OSE: SALME) reports another profitable quarter with operating revenues of 170.5 NOKm, a group EBITDA of 45.4 NOKm and a positive cash flow from operations of 37.5 NOKm in Q2-24. This is a result of record high harvest of 1,581 tonnes HOG in the quarter, as well as strong all-in price realization and a positive underlying cost development.
"In the first half of 2024 Salmon Evolution had close to 300 million in revenues and a farming EBITDA of almost 100 million, continuing to demonstrate that Salmon Evolution has established a unique, efficient and profitable growth platform," CEO of Salmon Evolution, Trond Håkon Schaug-Pettersen said. "We are also very pleased with the phase 2 financing package completed during the quarter and look forward to continue our growth journey at Indre Harøy," he said.
OSLO, Norway, Aug. 15, 2024 /PRNewswire/ -- Salmon Evolution ASA (OSE: SALME) reports another profitable quarter with operating revenues of 170.5 NOKm, a group EBITDA of 45.4 NOKm and a positive cash flow from operations of 37.5 NOKm in Q2-24. This is a result of record high harvest of 1,581 tonnes HOG in the quarter, as well as strong all-in price realization and a positive underlying cost development.
"In the first half of 2024 Salmon Evolution had close to 300 million in revenues and a farming EBITDA of almost 100 million, continuing to demonstrate that Salmon Evolution has established a unique, efficient and profitable growth platform," CEO of Salmon Evolution, Trond Håkon Schaug-Pettersen said. "We are also very pleased with the phase 2 financing package completed during the quarter and look forward to continue our growth journey at Indre Harøy," he said.
