ISLAX ARNARLAX AS

Financial Calendar - Icelandic Salmon

Financial Calendar - Icelandic Salmon

Bíldudalur, 25th of October 2024.

 

FINANCIAL YEAR 2024

18.11.2024 - Quarterly Report - Q3

18.02.2025 - Quarterly Report - Q4

25.4.2025 - Annual Report 2024



FINANCIAL YEAR 2025

20.05.2025 - Quarterly Report - Q1

18.06.2025 - Annual General Meeting

21.08.2025 - Half-yearly Report

06.11.2025 - Quarterly Report - Q3



Changed date for Q3 2024 reporting



Please note that the dates are subject to change. Changes will be communicated through Stock Exchange announcements and the company’s homepage, .



The results will be published through the company’s homepage, and other newswires at about 06:30 am CET.



 



EN
25/10/2024

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Reports on ARNARLAX AS

Ola Trovatn
  • Ola Trovatn

Icelandic Salmon (Hold, TP: NOK135.00) - Stabilised biology

Q3 operating EBIT of NOK-35m was slightly below our estimate and consensus of NOK-25m. Biology stabilised in Q3 after a challenging H1, and focus shifted to rebuilding biomass. The 2024 volume guidance of 13kt was unchanged, while 2025 was guided at 15kt, 3.2kt–4.2kt below our estimate and consensus. We have cut our target price to NOK135 (145) on our lowered estimates, and downgraded to HOLD (BUY), with the valuation looking fair at a 2025–2026e P/E of 22.6–9.8x.

 PRESS RELEASE

Icelandic Salmon Q3 2024: Building a solid foundation for recovery

Icelandic Salmon Q3 2024: Building a solid foundation for recovery Bíldudalur, 18 November 2024Icelandic Salmon is the parent company of Arnarlax and its subsidiaries, which are involved in salmon farming and processing in Iceland. The companies are collectively referred to as "Icelandic Salmon" or the "Group". In the third quarter, Icelandic Salmon stabilised conditions following biological challenges from last winter and spring.  Harvest volume remained low, impacting the quarterly results. However, the Group’s focus on biomass growth has built a solid  foundation for recovery and future...

 PRESS RELEASE

Icelandic Salmon - Invitation to presentation for the third quarter 20...

Icelandic Salmon - Invitation to presentation for the third quarter 2024 results Bíldudalur, 15th of November 2024. Icelandic Salmon will be presenting results for the third quarter of 2024 on Monday the 18th of November 2024. The presentation will be held in English via webcast, please copy and paste the following link into your browser: The company’s CEO Bjørn Hembre and CFO Jónas Heiðar Birgisson will be presenting the company's results at 9:00 Icelandic time (11:00 CEST). There will be a Q&A session after the presentations so you can send in questions during the presentation to   A...

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