Key Developments: Akva Group ASA (AKVA.OL)

AKVA.OL on Oslo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

AKVA Group signs contracts with companies within Norway Royal Salmon ASA group and Wilsgard Fiskeoppdrett AS
Wednesday, 18 Jun 2014 02:02am EDT 

AKVA Group ASA:Says it has entered into contracts for a total of five AC450 feed barges to companies within Norway Royal Salmon ASA group and related company Wilsgard Fiskeoppdrett AS.The total value of the contracts are 60,225 million Norwegian crowns and the barges will be delivered in the period from Oct. to May 2015.  Full Article

AKVA Group proposes no dividend for FY 2013
Thursday, 10 Apr 2014 11:38am EDT 

AKVA Group ASA:Proposes that no dividend is paid for the fiscal year 2013.  Full Article

AKVA Group completes acquisition of YesMaritime
Tuesday, 1 Apr 2014 05:54am EDT 

AKVA Group ASA:Completes acquisition of 100 pct of shares in YesMaritime AS.Acquisition price is 17.5 million Norwegian crowns.Says 8.5 million crowns was paid in cash on completion, while the remaining 9 million crowns will be settled in the form of a two-year seller credit from Egersund Group AS on market terms and conditions.YesMaritime is a aquaculture farming service company.  Full Article

AKVA Group ASA enters into agreement with Egersund Group AS to acquire YesMaritime AS
Wednesday, 22 Jan 2014 01:59am EST 

AKVA Group ASA:Enters into an agreement with Egersund Group AS, to acquire 100 pct of the shares in the aquaculture farming services company YesMaritime AS for a price of 17.5 mln Norwegian crowns.Says YesMaritime AS was established in 1985 and has developed to become one of the larger aquaculture farming service companies in Norway.Says 8.5 mln Norwegian crowns of the purchase price will be paid in cash on completion.Says the remaining 9 mln Norwegian crowns will be settled in the form of a two-year seller credit from Egersund Group AS on market terms and conditions.Says the completion of the transaction is expected to take place at the end of the first quarter of 2014.  Full Article

AKVA Group ASA announces new contract
Wednesday, 27 Nov 2013 01:07am EST 

AKVA Group ASA:Says AKVA group Denmark A/S, a wholly owned subsidiary of AKVA group ASA, has entered into a contract for delivery of land based technology for a total value of Euro 9.5 million with Fish Farm L.L.C. in Dubai, United Arab Emirates.  Full Article

AKVA Group ASA Announces New Contracts
Thursday, 7 Nov 2013 06:22am EST 

AKVA Group ASA announced that it has signed contracts for delivery of cage based technology for a total value of MNOK 53.3 with Grieg Seafood Finmark AS. Deliveries will take place in Q1, Q2 and Q3 2014.  Full Article

AKVA Group ASA Receives New Contract
Friday, 18 Oct 2013 06:19am EDT 

AKVA Group ASA announced that the Company has signed a new contract for delivery of AKVA Cage Farms. The total contract value is approximately NOK 50 million and is to be delivered in Q1 and Q2 2014.  Full Article

AKVA Group ASA Announces Strategic Collaboration With OPD Group AS To Develop Improved Automatic Dead Fish Collection System
Tuesday, 9 Jul 2013 05:57am EDT 

AKVA Group ASA announced that it has entered into a strategic development and manufacturing collaboration with the company OPD Group AS to develop an improved automatic dead fish collection system. The two parties have worked closely together with fish farming companies to develop and test the new system. The system will be launched at Aqua Nor, August 2013, in Trondheim where AKVA group will be present with a 144m2 stand in Hall D.  Full Article

AKVA Group ASA Proposes No Dividend for FY 2012
Thursday, 11 Apr 2013 10:03am EDT 

AKVA Group ASA announced that its Board of Directors proposes that no dividend should be paid for fiscal year 2012.  Full Article

AKVA Group ASA Signs Contract with National Prawn Co.
Thursday, 21 Mar 2013 07:21am EDT 

AKVA Group ASA announced that it has confirmed a new contract with National Prawn Co. (NPC) in the Kingdom of Saudi Arabia. The total contract value is USD 10,160,700 and will be delivered between April 2013 and October 2013.  Full Article

BRIEF-Akva Group Q2 EBITDA NOK 24 mln

Aug 14 - Akva Group ASA : * Q2 EBITDA NOK 24 million versus NOK 20 million * Q2 revenue NOK 301 million versus NOK 270 million * End-Q2 order backlog NOK 478 million versus NOK 208 million * Source text for Eikon * Further company coverage

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