Arctic Fish (AFISH): Q1-24 Trading update
2024-04-18 06:30:00
Harvested volumes for the first quarter of 2024 were 2.5 thousand tonnes gutted weight. The Operational EBIT in the quarter amounted to approx. 10 MEUR. The Net Interest-Bearing Debt (ex IFRS 16 effects) at the end of the quarter was 112 MEUR. A full Q1 2024 report will be released on the 8th of May 2024 at 06:30 CEST. For further information, please contact: CFO Baldur Smári Einarsson, +354 6901222 Arctic Fish in brief Arctic Fish (AFISH) is a leading salmon farmer in Iceland with an attractive and sustainable value chain from smolt to sales. The production capacity for the company is 29,800 tonnes MAB (Maximum Allowed Biomass) and includes licenses covering 13 farming areas in 6 different fjords, all located in the Westfjords of Iceland. The company's value chain consists of a state-of-the-art RAS hatching and smolt production facility, attractive sea sites with high bearing capacity and high-energy equipment, and a newly completed harvesting facility with sufficient capacity to secure the utilization of the licenses and growth objectives for the company. This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.