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SalMar ASA (SALM.OL)

SALM.OL on Oslo Stock Exchange

195.30NOK
6:56am EDT
Change (% chg)

kr-2.00 (-1.01%)
Prev Close
kr197.30
Open
kr196.90
Day's High
kr196.90
Day's Low
kr193.10
Volume
94,715
Avg. Vol
195,518
52-wk High
kr275.90
52-wk Low
kr185.00

Latest Key Developments (Source: Significant Developments)

Salmar Q2 operating profit above forecast, cuts 2016 volume guidance
Thursday, 25 Aug 2016 01:00am EDT 

: Salmar q2 ebit before adjustments NOK 731.8 million (Reuters poll nok 653 million) vs NOK 335.1 mln in Q2 2015 . Overall, the Group achieved an operating profit of NOK 22.74 per kg fish harvested, up 9 per cent from the previous quarter and up more than 136 per cent from the second quarter last year . The continued downturn in the overall supply of Atlantic salmon led to new price records in the second quarter this year . Salmar expects to harvest 126,000 tonnes in Norway in 2016 (Reuters poll 131,000 tonnes) versus previously 131,000 tonnes . Salmar asa says while Norskott Havbruk (Scottish Seafarms) is expected to harvest some 26,000 tonnes . Salmar sees global supply of salmon to decrease 6 per cent in 2016 . Salmar asa says expects strong results in second half of 2016 as well . The salmon lice situation remains challenging for Fish Farming Central Norway . However, SalMar has the situation under control and operates within statutory and regulatory thresholds . The biological challenges experienced by the fish farming operations have a knock-on effect for the company's sales and processing businesses .Quality downgrades and non-standard sizes affect operational efficiency at the harvesting plant and impair the prices achieved by the sales force.  Full Article

Salmar reports Q1 earnings ahead of forecast, picks new CEO
Wednesday, 11 May 2016 01:01am EDT 

Salmar Asa : Salmar q1 revenues nok 2.0 billion (Reuters poll 1.8 billion) . Salmar q1 ebit before adjustments nok 566.5 million (Reuters poll nok 460 million) . Salmar expects to harvest 131,000 tonnes in norway in 2016 (Reuters poll 132,000 tonnes) versus previously 133,000 tonnes . Company also expects strong results in forthcoming quarters of 2016 . Based on estimates of standing biomass, company expects a decrease in global supply of atlantic salmon of 7 per cent in 2016 . has appointed Trond Williksen new CEO . Williksen replaces Leif Inge Nordhammer, who, after serving as CEO during two periods that comprise a total of more than 17 years, has asked to be relieved of his duties . Williksen joins SalMar from AKVA Group, where he has served as CEO since 2011 .Williksen will take up the position as CEO of SalMar from 1 January 2017. Leif Inge Nordhammer will continue as CEO until further notice, and has agreed to take on assignments for the company thereafter.  Full Article

Salmar ASA proposes a dividend for FY 2015
Monday, 22 Feb 2016 01:00am EST 

Salmar ASA:Proposes dividend of ‍10 crowns​ per share in FY 2015.  Full Article

Salmar repeats harvest guidance
Tuesday, 25 Aug 2015 01:00am EDT 

Salmar ASA:For 2015 as a whole, still expects to harvest around 139,000 tonnes in Norway.Norskott havbruk (scottish seafarms) is expected to harvest around 31,000 tonnes in 2015 Global.  Full Article

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BRIEF-Salmar says 2017 contract prices rising by almost NOK 10 per kilo

* CEO says average 2017 salmon contract price is so far up by almost NOK 10 per kilo from 2016 average of NOK 46