Marine Harvest ASA (OSE:MHG): Q4 2017 Trading update
January 16 2018 - 12:30AM
Harvest volumes Q4 2017
(1)
Farming Norway |
66.5 thousand
tonnes |
Farming Scotland |
13.0 thousand
tonnes |
Farming Canada |
10.0 thousand
tonnes |
Farming Chile |
17.0 thousand
tonnes |
Farming Ireland |
2.5 thousand
tonnes |
Farming Faroes |
4.0 thousand
tonnes |
Total |
113.0 thousand
tonnes |
In connection with the presentation of the Q3 2017
results, Marine Harvest guided a total harvest volume of 111
thousand tonnes (GWE) for Q4 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 177 million in Q4 2017 (EUR 259 million in Q4 2016).
Total operational EBIT per kg through the value
chain were approximately as follows:
Norway |
EUR |
1.75 |
Scotland |
EUR |
1.20 |
Canada |
EUR |
1.00 |
Chile |
EUR |
1.00 |
Ireland |
EUR |
2.75 |
Faroes |
EUR |
3.00 |
|
|
|
Reported net interest bearing debt (NIBD) was
approximately EUR 835 million at the end of the quarter.
The complete Q4 2017 report will be released on 14
February 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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