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Thursday, 20 April 2017

Marine Harvest ASA (OSE:MHG): Q1 2017 Trading update

Marine Harvest ASA    

Published: 06:30 CEST 20-04-2017 /GlobeNewswire /Source: Marine Harvest ASA / : MHG /ISIN: NO0003054108

Marine Harvest ASA (OSE:MHG): Q1 2017 Trading update

Harvest volumes Q1 2017 (1)

Farming Norway

49 thousand tonnes

Farming Scotland

18 thousand tonnes

Farming Canada

9 thousand tonnes

Farming Chile

6 thousand tonnes

Other

2 thousand tonnes

Total

84 thousand tonnes

 

In connection with the presentation of the Q4 2016 results, Marine Harvest guided a total harvest volume of 84 thousand tonnes (GWE) for Q1 2017.

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 215 million in Q1 2017 (EUR 112 million in Q1 2016).

Total operational EBIT per kg through the value chain were approximately as follows for the main sources of origin:

Norway

EUR

  2.50

Scotland

EUR

  3.00

Canada

EUR

  3.35

Chile

EUR

  1.85

 

Reported net interest bearing debt (NIBD) was approximately EUR 845 million at the end of the quarter.

The complete Q1 2017 report will be released on 10 May at 06:30 CET.

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 (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of NASDAQ OMX Corporate Solutions clients. Source: Marine Harvest ASA, PO Box 4102 Sandviken, Bergen 5035, Norway
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