SALM SalMar ASA

SalMar - Invitation to presentation of the third quarter 2024 results

SalMar - Invitation to presentation of the third quarter 2024 results

SalMar presents results for the third quarter 2024 on Monday 18 November 2024 at 08:00 CET. The presentation will be held at Hotel Continental in Stortingsgaten 24/26 in Oslo.

CEO Frode Arntsen and CFO Ulrik Steinvik will be representing the company.

The presentation will in addition be available on Norwegian webcast at 08:00 CET on There will be opportunity to send in questions during the Norwegian presentation. An English webcast (recording) will be available from 10:00 CET on

After the Q3 presentation two group presentations will be arranged, one physical presentation in Norwegian at 11:00 CET and one digital presentation in English at 15:15 CET. For registration and dial in details, please register via SEB at

The results will be available from 06:30 CET on the company's homepage, and Oslo Stock Exchange's page,

For more information, please contact:

Håkon Husby, Head of Investor Relations

Tel:

Email:

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



EN
12/11/2024

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Reports on SalMar ASA

Alexander Aukner
  • Alexander Aukner

SalMar (Buy, TP: NOK690.00) - Raising long-term ambitions

SalMar’s Q3 report was a mixed bag, with a material cut to the 2024 harvest guidance, 2025 Norwegian harvest guidance in line with consensus, and a new 2028 long-term target of 370kt. The company also raised potential cost synergies by NOK1.25bn between 2024 and 2029, on top of NOK844m already realised. We have cut our 2024–2026e operating EBIT by 5–14%. Our 2025e EPS is 3% below consensus, while 2026e is 8% above. We reiterate our BUY and NOK690 target price.

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SalMar - Satisfactory financial results despite a period marked by bio...

SalMar - Satisfactory financial results despite a period marked by biological challenges Operational EBIT for Norway was NOK 1,082 million in the third quarter of 2024. The harvest volume was 56,400 tonnes, and operational EBIT per kg was NOK 19.2.Operational EBIT for the group was NOK 1,041 million in the third quarter of 2024. The harvest volume was 60,300 tonnes, and operational EBIT per kg was NOK 17.3.The farming segments in Norway were affected by biological challenges during the quarter, and volume expectations for 2024 have been reduced.Sales and industry reported historically stron...

 PRESS RELEASE

SalMar - Tilfredsstillende finansielt resultat tross et kvartal preget...

SalMar - Tilfredsstillende finansielt resultat tross et kvartal preget av biologiske utfordringer Operasjonell EBIT for Norge var 1 082 millioner kroner i tredje kvartal 2024. Slaktevolumet var 56 400 tonn og operasjonell EBIT per kg var 19,2 kroner.Operasjonell EBIT konsernet var 1 041 millioner kroner i tredje kvartal 2024. Slaktevolumet var 60.300 tonn og operasjonell EBIT pr. kg var 17,3 kroner.Oppdrettssegmentene i Norge er påvirket av biologiske utfordringer i kvartalet, og volumforventninger for 2024 reduseres.Salg og industri med historisk sterkt resultat, hvor det effektive og flek...

 PRESS RELEASE

SalMar - Invitation to presentation of the third quarter 2024 results

SalMar - Invitation to presentation of the third quarter 2024 results SalMar presents results for the third quarter 2024 on Monday 18 November 2024 at 08:00 CET. The presentation will be held at Hotel Continental in Stortingsgaten 24/26 in Oslo. CEO Frode Arntsen and CFO Ulrik Steinvik will be representing the company. The presentation will in addition be available on Norwegian webcast at 08:00 CET on There will be opportunity to send in questions during the Norwegian presentation. An English webcast (recording) will be available from 10:00 CET on After the Q3 presentation two group pr...

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