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Kurs & Likviditet

Kursutveckling och likviditet under dagen för detta pressmeddelande

Kalender

2024-11-05 Kvartalsrapport 2024-Q3
2024-08-26 Kvartalsrapport 2024-Q2
2024-05-06 Kvartalsrapport 2024-Q1
2024-05-02 Ordinarie utdelning BAKKA 13.38 NOK
2024-04-30 Årsstämma 2024
2024-02-20 Bokslutskommuniké 2023
2023-11-07 Kvartalsrapport 2023-Q3
2023-08-22 Kvartalsrapport 2023-Q2
2023-05-09 Kvartalsrapport 2023-Q1
2023-05-02 Ordinarie utdelning BAKKA 15.63 NOK
2023-04-28 Årsstämma 2023
2023-02-21 Bokslutskommuniké 2022
2022-11-08 Kvartalsrapport 2022-Q3
2022-08-23 Kvartalsrapport 2022-Q2
2022-05-10 Kvartalsrapport 2022-Q1
2022-05-02 Ordinarie utdelning BAKKA 6.74 NOK
2022-04-29 Årsstämma 2022
2022-02-22 Bokslutskommuniké 2021
2021-11-09 Kvartalsrapport 2021-Q3
2021-08-24 Kvartalsrapport 2021-Q2
2021-05-11 Kvartalsrapport 2021-Q1
2021-04-12 Ordinarie utdelning BAKKA 4.96 NOK
2021-04-09 Årsstämma 2021
2021-02-23 Bokslutskommuniké 2020
2020-11-10 Kvartalsrapport 2020-Q3
2020-08-25 Kvartalsrapport 2020-Q2
2020-05-05 Kvartalsrapport 2020-Q1
2020-04-06 Ordinarie utdelning BAKKA 0.00 NOK
2020-04-03 Årsstämma 2020
2020-02-25 Bokslutskommuniké 2019
2019-11-05 Kvartalsrapport 2019-Q3
2019-10-18 Extra Bolagsstämma 2019
2019-08-20 Kvartalsrapport 2019-Q2
2019-05-06 Kvartalsrapport 2019-Q1
2019-04-08 Ordinarie utdelning BAKKA 10.65 NOK
2019-04-05 Årsstämma 2019
2019-02-19 Bokslutskommuniké 2018
2018-11-13 Kvartalsrapport 2018-Q3
2018-08-21 Kvartalsrapport 2018-Q2
2018-05-08 Kvartalsrapport 2018-Q1
2018-04-16 Ordinarie utdelning BAKKA 13.52 NOK
2018-04-13 Årsstämma 2018
2018-02-20 Bokslutskommuniké 2017
2017-11-07 Kvartalsrapport 2017-Q3
2017-08-22 Kvartalsrapport 2017-Q2
2017-05-23 Kvartalsrapport 2017-Q1
2017-04-10 Ordinarie utdelning BAKKA 10.69 NOK
2017-04-07 Årsstämma 2017
2017-02-27 Bokslutskommuniké 2016
2016-11-08 Kvartalsrapport 2016-Q3
2016-08-23 Kvartalsrapport 2016-Q2
2016-06-07 Kapitalmarknadsdag 2016
2016-05-10 Kvartalsrapport 2016-Q1
2016-04-11 Ordinarie utdelning BAKKA 10.37 NOK
2016-04-08 Årsstämma 2016
2016-02-24 Bokslutskommuniké 2015
2015-11-03 Kvartalsrapport 2015-Q3
2015-08-25 Kvartalsrapport 2015-Q2
2015-05-12 Kvartalsrapport 2015-Q1
2015-04-13 Ordinarie utdelning BAKKA 6.92 NOK
2015-04-11 Årsstämma 2015
2015-02-24 Bokslutskommuniké 2014
2014-04-07 Ordinarie utdelning BAKKA 4.95 NOK
2014-04-05 Årsstämma 2014
2013-04-19 Ordinarie utdelning BAKKA 2.01 NOK
2013-04-18 Årsstämma 2013
2013-02-27 Bokslutskommuniké 2012
2012-11-06 Kvartalsrapport 2012-Q3
2012-08-14 Kvartalsrapport 2012-Q2
2012-05-22 Kvartalsrapport 2012-Q1
2012-03-27 Ordinarie utdelning BAKKA 1.02 NOK
2012-03-26 Årsstämma 2012
2012-02-28 Bokslutskommuniké 2011
2011-11-07 Kvartalsrapport 2011-Q3
2011-08-16 Kvartalsrapport 2011-Q2
2011-05-24 Kvartalsrapport 2011-Q1
2011-04-08 Ordinarie utdelning BAKKA 4.10 NOK
2011-04-07 Årsstämma 2011
2011-02-21 Bokslutskommuniké 2010

Beskrivning

LandFäröarna
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SektorHandel & varor
IndustriDagligvaror
Bakkafrost är verksamma inom fiskeodling. Den huvudsakliga produktionen består av färöisk lax. Bolaget grundades under 1968 och produktionen bestod tidigare enbart av sill för att sedan under 1979 gå mot en fullständig inriktning mot laxodling. Utöver detta producerar bolaget även fiskmjöl och fiskolja. Bolaget har verksamhet på global nivå, med huvudkontor i Glyvrar, Färöarna.
2020-03-26 19:31:56
Reference is made to the announcement from P/F Bakkafrost on 25 February 2020 in
which the Board of Directors proposed dividend payment for 2019.


Due to the uncertainty caused by the ongoing COVID-19 pandemic The Board of
Directors of Bakkafrost P/F have today decided to pull back the dividend payment
proposition for 2019 and delay the proposition on dividend payment for 2019
until Bakkafrost's H1 presentation on 25 August 2020, at which time the Board of
Directors expect the level of uncertainty to have reduced.

Over the past several weeks the COVID-19 pandemic has spread across the globe
and greatly affected the salmon market, disrupted downstream supply channels and
logistics. This situation evolves continuously and creates significant
uncertainty which will most likely prevail for some time yet. The level of
uncertainty has convinced the Board of Directors and the Management of
Bakkafrost that it is most responsible to shareholders, employees and the
society to postpone the decision regarding the dividend payment for 2019.

It is important to ensure that Bakkafrost maintains the agility and financial
strength to be able to continue the many planned investments in the capex
program. These investments enable our ambition for future growth as well as
being important for the recovery of the economy in the Faroe Islands and
Scotland on the other side of the pandemic crisis.

Bakkafrost has a vital role in the society and in ensuring sufficient food
production for the world's population. This role has never been more important
than during the difficult times the world is facing at the moment. It is
therefore important to secure continued high level of production and Bakkafrost
has implemented a range of protective measures to safeguard the health and
safety of the workforce.

It is important to stress that Bakkafrost has a very strong balance sheet and
good access to capital. In December 2019 Bakkafrost refinanced the group's bank
facilities by ensuring 5-year bank facilities with banking group consisting of
Nordea, DnB and Rabobank. The new bank facilities amount to 352 mEUR plus 100
mGBP and Bakkafrost has an additional accordion option for 150 mEUR. By the end
of Q4 2019 Bakkafrost's net interest-bearing debt was 1,019 mDKK and the undrawn
credit facilities were 2,470 mDKK (not utilizing the accordion option). The
equity ratio was 65% by the end of Q4 2019.

Today's resolution to postpone the proposition on dividend payment for 2019 does
not alter Bakkafrost's dividend policy which is that 30-50% of earnings per
share shall be paid out as dividends.

The AGM will be held on 3 April 2020 as previously announced.

Contacts:

  · Regin Jacobsen, CEO of P/F Bakkafrost: +298 235001 (mobile)
  · Høgni Dahl Jakobsen, CFO of P/F Bakkafrost: +298 235060 (mobile)

This information is subject of the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.