ISLAX ARNARLAX AS

Icelandic Salmon AS - Invitation to presentation for the first quarter 2024 results

Icelandic Salmon AS - Invitation to presentation for the first quarter 2024 results

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

Bíldudalur, 7th of May 2024.

Icelandic Salmon will be presenting results for the first quarter of 2024 on Thuesday the 14th of May 2024. The presentation will be held in English via webcast, please copy and paste the following link into your browser: arnarlax.webcast.is

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 recording of the presentation will be made available on the company’s website.

After the presentation there is an opportunity to book one on one meeting either at our office in Reykjavík (Borgartún 18) or on Teams between 10:15 – 15:00 Icelandic time, if interested to do so please send an email to 

The results will be available from 06:30 CEST that morning at the company’s homepage  and on Globe Newswire newsroom,globenewswire.com/newsroom

For further information, please contact:



CEO Bjørn Hembre

Tel:

Email: 

CFO Jónas Heiðar Birgisson

Tel:

Email: 

About Icelandic Salmon:

Icelandic Salmon is listed at the Euronext Growth in Oslo and NASDAQ First North in Reykjavík. The company is the 100% owner of Arnarlax ehf, the leading farming company in Iceland with their head office in Bildudalur. The company is fully integrated, from egg to the fish is delivered to customers in the market, with control over all parts of the value chain.

See  for more information about the company.



EN
07/05/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on ARNARLAX AS

Ola Trovatn
  • Ola Trovatn

Icelandic Salmon (Buy, TP: NOK170.00) - Disappointing Q1

Q1 operating EBIT of NOK-6m was NOK73m–31m below our estimate and consensus, respectively, driven by unflagged biological challenges (NOK15/kg in one-off costs) and high underlying cost/kg. Following the disappointing Q1 report and negative guidance, we have revisited our estimates and cut our 2024–2025e EPS by 87.8–24.2%. We reiterate our BUY, but have cut our target price to NOK170 (185) on lowered forecasts.

 PRESS RELEASE

Icelandic Salmon Q1 2024: Volume guiding for 2024 unchanged despite ch...

Icelandic Salmon Q1 2024: Volume guiding for 2024 unchanged despite challenging first quarter Bíldudalur, 14th of May 2024 Icelandic Salmon is the parent company of Arnarlax, and other subsidiaries involved in salmon farming and processing in Iceland. The companies are collectively referred to as "Icelandic Salmon" or the "Group". Operations In the first quarter 2024, Icelandic Salmon harvested 2,769 tonnes compared to 6,572 tonnes in the same quarter last year. The lower volume follows months of extraordinary harvesting at the end of last year, when biological challenges prompted...

 PRESS RELEASE

Icelandic Salmon AS - Invitation to presentation for the first quarter...

Icelandic Salmon AS - Invitation to presentation for the first quarter 2024 results This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act Bíldudalur, 7th of May 2024. Icelandic Salmon will be presenting results for the first quarter of 2024 on Thuesday the 14th of May 2024. The presentation will be held in English via webcast, please copy and paste the following link into your browser: arnarlax.webcast.is The company’s CEO Bjørn Hembre and CFO Jónas Heiðar Birgisson will be presenting the company's results at 9:00 ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch