Marine Harvest ASA (OSE:MHG): Q3 2017 Trading update
October 16 2017 - 12:30AM
Harvest volumes Q3 2017
(1)
Farming Norway |
55.5 thousand
tonnes |
Farming Scotland |
11.0 thousand
tonnes |
Farming Canada |
11.0 thousand
tonnes |
Farming Chile |
14.0 thousand
tonnes |
Farming Ireland |
3.0 thousand
tonnes |
Farming Faroes |
1.0 thousand
tonnes |
Total |
95.5 thousand
tonnes |
In connection with the presentation of the Q2 2017
results, Marine Harvest guided a total harvest volume of 101
thousand tonnes (GWE) for Q3 2017.
Note:
(1)
The harvest volumes are provided in gutted weight equivalents
(GWE). The figures include salmonid species only.
Additional information
Operational EBIT for the Group was approximately
EUR 191 million in Q3 2017 (EUR 180 million in Q3 2016).
Total operational EBIT per kg through the value
chain were approximately as follows:
Norway |
EUR |
2.25 |
Scotland |
EUR |
2.30 |
Canada |
EUR |
1.70 |
Chile |
EUR |
1.25 |
Ireland |
EUR |
3.20 |
Faroes |
EUR |
2.25 |
|
|
|
Reported net interest bearing debt (NIBD) was
approximately EUR 665 million at the end of the quarter.
The complete Q3 2017 report will be released on 1
November at 06:30 CET.
Please refer to the Annual Report for detailed
descriptions and reconciliations of non-IFRS measures such as
Operational EBIT and NIBD.
This information is subject to the disclosure
requirements pursuant to section 5-12 of the Norwegian Securities
Trading Act.
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Marine Harvest ASA via Globenewswire
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