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Leroy Seafood Group ASA (LSG.OL)

LSG.OL on Oslo Stock Exchange

74.30NOK
8:49am EDT
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kr74.90
Open
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kr76.26
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Volume
716,301
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1,031,180
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kr76.26
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Latest Key Developments (Source: Significant Developments)

Austevoll Seafood Q2 profit in line with forecast
Wednesday, 22 Aug 2018 01:00am EDT 

Aug 22 (Reuters) - Austevoll Seafood ASA ::AUSTEVOLL SEAFOOD Q2 REVENUES NOK 6,001 MILLION (REUTERS POLL NOK 5,659 MILLION).AUSTEVOLL SEAFOOD Q2 EBIT BEFORE FAIR VALUE ADJUSTMENT NOK 1,335 MILLION (REUTERS POLL NOK 1,365 MILLION).AUSTEVOLL SEAFOOD SAYS THE GROUP HAS AND SHALL CONTINUE TO HAVE THE FINANCIAL FLEXIBILITY TO SUPPORT ITS STRATEGY OF FURTHER ORGANIC GROWTH, CARRY OUT STRATEGIC ACQUISITIONS AND SUSTAIN THE COMPANY’S DIVIDEND POLICY.AUSTEVOLL SEAFOOD SAYS THE GROUP IS NOT SATISFIED WITH THE DEVELOPMENTS REPORTED BY LERØY SJØTROLL IN 2018 BUT FEELS CONFIDENT THAT THE INITIATIVES TAKEN WILL GENERATE SUBSTANTIAL IMPROVEMENTS IN THE NEXT FEW YEARS.  Full Article

Leroey Q2 salmon and trout harvest at 37,822 tonnes
Friday, 6 Jul 2018 02:00am EDT 

July 6 (Reuters) - Leroy Seafood Group ASA ::LEROEY SEAFOOD Q2 SALMON AND TROUT HARVEST AT 37,822 TONNES VERSUS 26,156 TONNES IN Q2 2017.LEROEY SEAFOOD Q2 CATCH VOLUME OF WHITEFISH AT 18,190 VS 16,769 TONNES IN Q2 2017.  Full Article

Leroey Seafood fish farm hit by ISA -Norway food safety regulator
Wednesday, 28 Feb 2018 09:40am EST 

Feb 28 (Reuters) - Leroy Seafood Group Asa ::LEROEY SEAFOOD: INFECTIOUS SALMON ANEMIA (ISA) FOUND AT LEROEY VEST/SJOETROLL FISH FARMING SITE IN AUSTEVOLL -NORWAY FOOD SAFETY REGULATOR.  Full Article

Leroey Seafood Q4 core earnings beat forecast, 2017 dividend lags
Tuesday, 27 Feb 2018 12:44am EST 

Feb 27 (Reuters) - Leroey Seafood Group Asa ::LEROEY SEAFOOD Q4 REVENUE NOK ‍4,567​ MILLION (REUTERS POLL NOK 4,888 MILLION).LEROEY SEAFOOD Q4 EBIT BEFORE FAIR VALUE ADJUSTMENT NOK ‍777​ MILLION (REUTERS POLL NOK 742 MILLION).‍BOARD OF DIRECTORS CURRENTLY EXPECTS SATISFACTORY EARNINGS IN Q1 2018 AND 2018 AS A WHOLE​.LEROEY SEAFOOD SEES 2018 HARVEST VOLUME ‍182,000​ TONNES INCLUDING ASSOCIATES VERSUS PREVIOUS GUIDANCE OF 180,500 TONNES.LEROEY SEAFOOD PROPOSES 2017 DIVIDEND OF NOK 1.5‍​ PER SHARE (REUTERS POLL NOK 1.68 PER SHARE).LEROEY SEAFOOD GROUP SEES GLOBAL SALMON INDUSTRY SUPPLY GROWTH AT 5‍​ PERCENT IN 2018 VERSUS 7 PERCENT SEEN IN Q3.LEROY SEAFOOD GROUP SAYS EXPECTED CONTRACT SHARE IN Q1 FOR SALMON AND TROUT IS ABOUT 25 PCT‍​.  Full Article

Sparebank 1 Markets cuts 2018, 2019 salmon price forecasts
Thursday, 21 Dec 2017 02:47am EST 

Dec 21 (Reuters) - Marine Harvest Asa ::SPAREBANK 1 MARKETS CUTS 2018 SALMON PRICE FORECAST TO NOK 50.9 PER KILO (EUR 5.30) FROM NOK 55.0.SPAREBANK 1 MARKETS CUTS 2019 SALMON PRICE TO NOK 53.8 PER KILO (EUR 5.60) FROM NOK 57.7.SPAREBANK 1 MARKETS SEES 15-25 PERCENT REDUCTION IN 2018 EBIT ON NORWEGIAN SALMON SECTOR AFTER PRICE CUT.SPAREBANK 1 MARKETS KEEPS SELL RECOMMENDATIONS ON MARINE HARVEST, LEROEY, SALMAR, BAKKAFROST AND GRIEG, KEEPS NEUTRAL ON NORWAY ROYAL SALMON.SPAREBANK 1 MARKETS SAYS NEEDS TO SEE ANOTHER 10 PERCENT DROP IN SHARE PRICES BEFORE IT WILL START RECONSIDERING NEGATIVE SECTOR VIEW.  Full Article

Fish disease ISA confirmed at Rauma Stamfisk -regulator
Monday, 18 Dec 2017 10:09am EST 

Dec 18 (Reuters) - NORWAY'S FOOD SAFETY AUTHORITY::CONFIRMS ISA SALMON DISEASE FOUND AT RAUMA STAMFISK.  Full Article

Leroy Seafood CEO says salmon price rebounding from lows
Thursday, 9 Nov 2017 03:31am EST 

Nov 9 (Reuters) - Leroy Seafood Group Asa :CEO Henning Beltestad says spot price for Norwegian farmed salmon sharply rebounding in current week from recent fall.CEO says salmon prices and volumes likely to be less volatile in 2018 versus 2017.  Full Article

Leroy Seafood Q3 in line with forecast, on track for record year
Thursday, 9 Nov 2017 12:30am EST 

Nov 9 (Reuters) - Leroy Seafood Group Asa :Leroey seafood q3 ebit before fair value adjustment nok ‍861​ million (Reuters poll nok 863 million).Leroey seafood q3 revenue nok ‍4,373​ million (Reuters poll nok 4,994 million).Leroey seafood sees 2017 harvest volume ‍176,000​ tonnes including associates versus previous guidance of 175,000 tonnes.‍currently estimates a total harvest volume for salmon and trout of approximately 180,500 gwt for 2018, including share of lsg's volume from associates​.‍estimates that earnings in q4 2017 will be on par with earnings in q3 2017, ensuring that group will achieve a record-high profit in 2017​.Leroey seafood group sees global salmon industry supply growth at ‍​5.3 percent in 2017, 7 percent in 2018.Expected contract share for salmon and trout in q4 is about 30 percent.  Full Article

Leroey Seafood Q2 core earnings miss forecast
Thursday, 24 Aug 2017 12:30am EDT 

Aug 24 (Reuters) - Leroy Seafood Group Asa :q2 ebit before fair value adjustment nok 801 million (Reuters poll nok 885 million).q2 revenue nok 4,224 million (Reuters poll nok 4,616 million).For 2017 as a whole, harvest volume is expected to be higher than in 2016.Leroey seafood sees 2017 harvest volume 175,000 tonnes including associates versus previous guidance of 180,000 tonnes.Board of directors is positive to market outlook, and currently expects to see an improvement in result in q3 2017 when compared with q2 2017, and a significantly better result for 2017 than in 2016.Sees a significantly better result for 2017 than in 2016..Lice prevention costs expected to increase in 2017, while costs related to treatment are expected to fall.  Full Article

Leroy Seafood Q1 core earnings beat forecast, sees weaker Q2
Thursday, 11 May 2017 12:30am EDT 

May 11 (Reuters) - Leroy Seafood Group Asa :Q1 ebit before fair value adjustment NOK 1.28 billion (Reuters poll NOK 1.05 billion).Q1 total revenue NOK 5.46 billion (Reuters poll NOK 4.93 billion).sees 2017 harvest volume 180,000 tonnes including associates versus previous guidance of 180,000 tonnes.harvested volume of salmon and trout will be significantly lower in Q2 2017 when compared with both Q1 2017 and Q2 2016.Board of directors therefore expects results before fair value adjustments in Q2 2017 to be substantially lower than in Q1 2017, but at same time that results before fair value adjustments for 2017 to be higher than in 2016.group sees global salmon industry supply +3.3 percent in 2017 versus +1.7 percent previously.says market outlook supports strong prices.says expected contract share Q2 is about 40 percent, with significantly lower harvest volume than in q1/17.  Full Article