Masoval AS ( (DE:9QP) ) has issued an announcement.
Måsøval AS has successfully negotiated with its lenders a waiver for its financial key figures requirements due to increased interest costs from outstanding taxes. For Q4 2024, the interest coverage ratio is adjusted to a minimum of 2.75x and the equity ratio to a minimum of 25%. These figures will revert to their original levels in Q1 2025. The company anticipates surpassing these adjusted requirements for Q4 2024, which could positively impact its financial standing and stakeholder confidence.
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 significant sea farming operations and internal production of smolt, processing, and exporting high-quality Atlantic salmon to a global market.
YTD Price Performance: 5.16%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €297.4M
For detailed information about 9QP stock, go to TipRanks’ Stock Analysis page.
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