Masoval AS (DE:9QP) has released an update.
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Måsøval AS reported a successful Q2 2024 with revenues up to MNOK 934 from MNOK 804 in the previous year, despite volatile salmon prices. CEO Helge Kvalvik expressed satisfaction with the strong operational performance, particularly in the farming segment, which saw a reduction in costs and an increase in harvest volume. The company is also optimistic about the upcoming launch of their new harvesting plant, TL52, which is expected to enhance the sales and processing segments.
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