SALM SalMar ASA

SalMar – Presentation North Atlantic Seafood Forum

SalMar – Presentation North Atlantic Seafood Forum

Today at North Atlantic Seafood Forum SalMar is launching an ambitious innovation and R&D initiative, Salmon Living Lab.

Attached you will find a copy of the presentation presented by the CEO of SalMar Frode Arntsen.

Please see the press release available from SalMars website and for more information about Salmon Living Lab.

For more information please contact:

Håkon Husby, Head of IR SalMar

Tel: +47 936 30 449

Email:

About SalMar

SalMar is one of the world's largest and most efficient producers of salmon. The Group has farming operations in Central Norway, Northern Norway and Iceland, as well as substantial harvesting and secondary processing operations. In addition, the company is operating within offshore aquaculture through the company SalMar Aker Ocean and SalMar owns 50% of the shares in Scottish Sea Farms Ltd.

See for more information about the company.

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

Attachment



EN
06/03/2024

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

If it's too good to be true, it usually is

Salmon prices higher on another blow to '24e supply, but farmers struggling to reap the benefits due to weak biology. Valuation not demanding, but more mixed triggers short term.

ABGSC Seafood Research ... (+3)
  • ABGSC Seafood Research
  • Martin Kaland
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Catching its breath - down to HOLD

We estimate Q1 EBIT of NOK 1,650m (-4% vs. FactSet cons). '24e EBIT -7% as weak biology offsets higher spot prices. Limited upside after share price rally; down to HOLD.

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