Kurs & Likviditet
Beskrivning
Land | Australien |
---|---|
Lista | Euronext Growth Oslo |
Sektor | Handel & varor |
Industri | Dagligvaror |
2022-06-09 03:18:44
Clean Seas Seafood Limited : [Adelaide], 09 June 2022:
The Company has released an Investor Presentation and Outlook.
A summary of the Outlook is shown below:
Recent investment in technology and automation provides scalability to continue
expanding production whilst maintaining a focus on production costs
o Full year FY22 sales volume expected to be 3,600-3,700t with revenue of
$A64-$66m
o Positive operating cash flow to be delivered in FY22, one year ahead of
schedule, and positive operating EBITDA in H2 FY22
o Clear path to increase production to 10,000t in near term with total potential
of 30,000t
o Strong demand and premium pricing expected to be maintained
o Building awareness and channel diversification, highlighting the quality,
usage, provenance and sustainability credentials of Clean Seas' ocean farmed
Yellowtail Kingfish
o Optimised working capital to deliver further reduction in production costs and
positive operating cash flows
o Further benefits of increased scale and improved operational leverage
The full document is attached to this announcement.
For further information please contact:
Rob Gratton
CEO
rob.gratton@cleanseas.com.au