SALM SalMar ASA

SalMar - Final year-end financial statements for 2023 approved by the board of directors

SalMar - Final year-end financial statements for 2023 approved by the board of directors

12 April 2024, the board of directors of SalMar ASA has reviewed and approved the final year-end financial statements for 2023.

Final accounts and proposed dividend of NOK 35 per share are not altered from preliminary figures published on 15 February 2024. Should the AGM resolve to pay a dividend, shares in SalMar ASA will be traded ex-dividend of NOK 35 per share from 7th of June 2024.

The Annual Report for 2023, including the Report of Board of Directors, sustainability report, financial statements and notes including ESEF format will be published through Oslo stock exchange and 19 April 2024.

The annual general meeting is scheduled 6 June 2024. The notice, annual report and agenda with attachments will be published through Oslo stock exchange and .

For more information, please contact:

Håkon Husby, Head of Investor Relations

Tel: +47 936 30 449

Email:

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



EN
12/04/2024

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Reports on SalMar ASA

Alexander Aukner
  • Alexander Aukner

SalMar (Hold, TP: NOK690.00) - Earnings disappoint in Q1

Operating EBIT of NOK1.5bn undershot our estimate and consensus of NOK1.6bn–1.7bn. Core farming in Norway was better than we expected, while Icelandic Salmon and SalMar Aker Offshore missed significantly. We have factored in the Q2 guidance for low harvest volumes in our full-year EPS, while a lower tax charge aided Q1 EPS. We have raised our 2025–2026e EPS by 2.5-4.1%, largely reflecting larger volumes and a margin gain in the offshore operations; however, we reiterate our HOLD and NOK690 targe...

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ABGSC Seafood Research ... (+3)
  • ABGSC Seafood Research
  • Martin Kaland
  • Simon Brun

Even champions take a beating

'24e EBIT slightly down on a weaker-than-expected Q1. Best-in-class farmer with significant growth potential, but negative short-term triggers make r/r neutral: HOLD

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