Lumarine AS (the Company) reports 1H 2022 revenue of MNOK 27.4, EBITDA results of -7.5 MNOK and results after tax of –28MNOK. Compared to same period 2021 the revenue is reduced by 41.1 MNOK from 68.5 MNOK, EBITDA is reduced by 7.0 MNOK from -0.4 and results after tax is reduced by 11.4 MNOK from -16.6 MNOK. 

1H 2022 results compared to 2021 are impacted by a shift in strategy for the company. While 1H 2021 company results were mainly driven by delivery of post-smolt and lumpfish (rognkjeks) the company has in 2022 focused operations towards on-growth of cod and ballan wrasse (berggylt).

Please find the full result update attached, 
 

For further information, please contact:
Karl Christian Baumann, CEO
Email: kcb@lumarine.no
or
Morten Skrøvje, CFO
Email: morten@lumarine.no