Masoval AS ( (DE:9QP) ) has provided an announcement.
Måsøval AS reported its Q4 and 2024 preliminary results, highlighting a full-year harvest volume of 25,058 GWT. The company achieved a positive operational EBIT of MNOK 3 for the quarter, despite challenges such as high sea lice pressure in the mid-region. The west region showed significant improvement, doubling its margins compared to the previous year. The negative results in sales and processing were attributed to integration and ramp-up costs. Looking forward, Måsøval aims to further increase its harvest volume in 2025, maintaining its guidance of 29,000-31,000 GWT.
More about Masoval AS
Måsøval AS is an integrated producer of Atlantic salmon with over 50 years of operational experience, based in Central and West Norway. The company is involved in both sea farming operations and in-house smolt production, processing and exporting high-quality Atlantic salmon to a global market.
YTD Price Performance: 4.69%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €286.5M
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