AKVA AKVA Group ASA

AKVA group ASA: Invitation – presentation of the Q1 2024 financial results

AKVA group ASA: Invitation – presentation of the Q1 2024 financial results

AKVA group ASA hereby invites you to the presentation of the Q1 2024 financial results, which will take place as follows:

Time: Friday May 3th, 2024, at 10:00 CET.

Webcast:

A recorded version of the presentation will be available after the live stream is concluded.

The presentation will be held in English and is open to all interested parties.

Dated: 19 April 2024               

AKVA group ASA

Web:

CONTACTS:

Knut Nesse Chief Executive Officer
Phone:
Mobile:
E-mail:



Ronny MeinkøhnChief Financial Officer
Phone:
Mobile:
E-mail:

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



EN
19/04/2024

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Reports on AKVA Group ASA

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AKVA group ASA: Status buyback of own shares

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AKVA group (Hold, TP: NOK70.00) - In-line Q1 and solid order intake

Q1 EBTDA of NOK67m was in line with our estimate, while the order intake was 21% above, driven by the Sea Based and Land Based segments. Financial targets for 2024–2025 are unchanged and the market outlook for post-smolt facilities in Norway is unchanged as well. We have made minor adjustments to our 2024–2026e EPS following the report and reiterate our HOLD and NOK70 target price.

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