Marine Harvest ASA (OSE:MHG): Q2 2018 Trading update
15 Julio 2018 - 11:30PM
Harvest volumes Q2 2018
(1)
Farming Norway |
49.5 thousand
tonnes |
Farming Scotland |
9.0 thousand
tonnes |
Farming Canada |
8.0 thousand
tonnes |
Farming Chile |
10.0 thousand
tonnes |
Farming Ireland |
1.0 thousand
tonnes |
Farming Faroes |
1.0 thousand
tonnes |
Total |
78.5 thousand
tonnes |
In connection with the presentation of the Q1 2018
results, Marine Harvest guided a total harvest volume of 82
thousand tonnes (GWE) for Q2 2018.
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 175 million in Q2 2018 (EUR 198 million in Q2 2017).
Total operational EBIT per kg through the value
chain was approximately as follows:
Norway |
EUR |
2.55 |
Scotland |
EUR |
2.35 |
Canada |
EUR |
1.00 |
Chile |
EUR |
1.85 |
Ireland |
EUR |
2.20 |
Faroes |
EUR |
2.90 |
|
|
|
Reported net interest bearing debt (NIBD) was
approximately EUR 955 million at the end of the quarter.
Northern Harvest is consolidated in the group's
financial statements with effect from 3 July. Thus, the above
figures do not include Northern Harvest.
The complete Q2 2018 report will be released on 22
August 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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