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    GSF   NO0010365521


SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Grieg Seafood ASA: Q2 2021 trading update

07/14/2021 | 12:00am EDT

Grieg Seafoods total harvest volume for the second quarter 2021 was approximately 17 800 tonnes GWT. This excludes volumes from the Shetland operation which is classified as held for sale according to IFRS 5.

Harvest volume (tonnes GWT) by region for Q2 2021:
Rogaland: 7 800
Finnmark: 4 800
British Columbia: 5 200

Average regional farming costs per kg for Q2 2021 were approximately:
Rogaland: NOK 45.8
Finnmark: NOK 50.7
British Columbia: CAD 8.6 

The complete Q2 2021 report will be released Wednesday 18 August 2021 at 06:00 CEST.

For further enquiries, please contact:
Andreas Kvame, CEO
Cell phone: +47 907 71 441

Atle Harald Sandtorv, CFO
Cell phone +47 908 45 252

About Grieg Seafood
Grieg Seafood ASA is one of the world's leading salmon farmers, targeting 130 000 tonnes of harvest (GWT) in 2025. Our farms are in Finnmark and Rogaland in Norway, British Columbia and Newfoundland in Canada, and Shetland in the UK. Our headquarter is located in Bergen, Norway. Grieg Seafood ASA was listed at the Oslo Stock Exchange in June 2007. More than 900 people work in the Company throughout our regions.

Sustainable farming practices are the foundation of Grieg Seafood’s operations. The lowest possible environmental impact and the best possible fish welfare is both and ethical responsibility and drive economic profitability. Towards 2025, we aim for global growth, cost improvements and to evolve from a pure salmon supplier to an innovation partner for selected customers.
To learn more, please visit www.griegseafood.com.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

© OMX, source GlobeNewswire - EU Press Releases

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Sales 2021 5 547 M 658 M 658 M
Net income 2021 637 M 75,6 M 75,6 M
Net Debt 2021 2 530 M 300 M 300 M
P/E ratio 2021 16,5x
Yield 2021 0,36%
Capitalization 10 442 M 1 241 M 1 239 M
EV / Sales 2021 2,34x
EV / Sales 2022 2,06x
Nbr of Employees 900
Free-Float 39,8%
Duration : Period :
Grieg Seafood ASA Technical Analysis Chart | GSF | NO0010365521 | MarketScreener
Technical analysis trends GRIEG SEAFOOD ASA
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus BUY
Number of Analysts 5
Last Close Price 93,00 NOK
Average target price 102,20 NOK
Spread / Average Target 9,89%
EPS Revisions
Managers and Directors
Andreas Kvame Chief Executive Officer
Atle Harald Sandtorv Chief Financial Officer
Per Grieg Chairman
Knut Utheim Chief Technical Officer
Solveig Magdelene Rieber Nygaard Director
Sector and Competitors