reports
- Alexander Aukner
LSG LEROY SEAFOOD GROUP ASA
AUSS AUSTEVOLL SEAFOOD ASA
AKVA AKVA GROUP ASA
SALM SALMAR ASA
GSF GRIEG SEAFOOD ASA
MOWI MOWI ASA
BAKKA BAKKAFROST P/F
SALMOCAM SALMONES CAMANCHACA SA
IFISH ICE FISH FARM AS
ASA ATLANTIC SAPPHIRE
SALME SALMON EVOLUTION HOLDING
KING THE KINGFISH COMPANY NV
AKBM AKER BIOMARINE
ISLAX ARNARLAX AS
AFISH ARCTIC FISH HOLDING AS
MAS MÅSØVAL
- ABGSC IT Research
- Øystein Elton Lodgaard
- ABGSC IT Research
- Øystein Elton Lodgaard
- ABGSC IT Research
- Øystein Elton Lodgaard
- ABGSC IT Research
- Øystein Elton Lodgaard
- Alexander Aukner
LSG LEROY SEAFOOD GROUP ASA
AUSS AUSTEVOLL SEAFOOD ASA
AKVA AKVA GROUP ASA
SALM SALMAR ASA
GSF GRIEG SEAFOOD ASA
MOWI MOWI ASA
BAKKA BAKKAFROST P/F
SALMOCAM SALMONES CAMANCHACA SA
IFISH ICE FISH FARM AS
ASA ATLANTIC SAPPHIRE
SALME SALMON EVOLUTION HOLDING
KING THE KINGFISH COMPANY NV
AKBM AKER BIOMARINE
ISLAX ARNARLAX AS
AFISH ARCTIC FISH HOLDING AS
MAS MÅSØVAL
SalMar – Integrated annual report 2023
SalMar – Integrated annual report 2023 With reference to the stock exchange notice regarding board approval of final 2023 year-end financial statement on Friday 12 April 2024. Please find attached the 2023 integrated Annual report, including sustainability reporting, for SalMar ASA. The company publishes its annual financial statements also in European Single Electronic Format (ESEF), available as an attachment to this release. On SalMar's website, the renumeration report, TCFD report, GRI index and green bond report for 2023 are also published. For more information, please contact:Håkon...
- Simen Mortensen
Renovation rules now a reality
The Energy Performance of Buildings Directive (EPBD) was approved on 12 April, requiring the modernisation of existing real estate in the EU, and will soon enter the Official Journal of the EU. Member states will have two years to incorporate the provisions into their national legislation. While Q1 is Nordic construction’s low season due to winter effects, we see some downside risk to Q1e consensus and longer-term to 2024–2026e EBIT on lower development gains. We recommend a stock-picking approa...
- Simen Mortensen
Ncc (Buy, TP: SEK150.00) - Q1 was cold
With a harsh Nordic winter and Easter falling in Q1, we expect a larger seasonal loss than consensus (results due at c07:00 CET on 3 May). We expect NCC to record one commercial property divestment of SEK530m, but due the level of announced orders, we have reduced our 2024–2026e revenue and EPS and expect Q1 order intake below Infront consensus. We reiterate our BUY and NOK150 target price.
- Simen Mortensen
Skanska (Buy, TP: SEK225.00) - Solid Q1 order intake expected
With no asset divestments of Commercial Development (CD) projects, we expect Q1 group EBIT to be below Infront consensus (results due at c07:30 CET on 8 May). However, with the strong announced orders, we expect a beat on order intake. KPIs in Residential Development (RD) are likely to be weak, we believe, but up from the all-time lows last year. We reiterate our BUY and SOTP-based target price of SEK225.
- Simen Mortensen
Peab (Sell, TP: SEK58.00) - Consensus too bullish, too soon
With solid announced orders in Q1, we expect order intake above consensus, but EBIT below due to the cold Nordic winter and early Easter (results due 6 May (time TBA)). We also believe consensus is too bullish on the speed of Property Development’s recovery. We find the recent share price rally an overreaction and have downgraded to SELL (HOLD), with a raised target price of SEK58 (52), reflecting our updated estimates and peer valuation.
SalMar - Key information relating to the cash dividend to be paid by S...
SalMar - Key information relating to the cash dividend to be paid by SalMar ASA Dividend amount: 35.0 per shareDeclared currency: NOK Last day including right: 06.06.2024Ex-date: 07.06.2024Record date: 10.06.2024Payment date: On or about 20.06.2024Date of approval: 06.06.2024 For more information, please contact:Håkon Husby, Head of Investor RelationsTel: +47 936 30 449 Email: This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
SalMar - Final year-end financial statements for 2023 approved by the ...
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 ...
- Alexander Aukner
LSG LEROY SEAFOOD GROUP ASA
AUSS AUSTEVOLL SEAFOOD ASA
AKVA AKVA GROUP ASA
SALM SALMAR ASA
GSF GRIEG SEAFOOD ASA
MOWI MOWI ASA
BAKKA BAKKAFROST P/F
SALMOCAM SALMONES CAMANCHACA SA
IFISH ICE FISH FARM AS
ASA ATLANTIC SAPPHIRE
SALME SALMON EVOLUTION HOLDING
KING THE KINGFISH COMPANY NV
AKBM AKER BIOMARINE
ISLAX ARNARLAX AS
AFISH ARCTIC FISH HOLDING AS
MAS MÅSØVAL
- Alexander Aukner
SalMar (Hold, TP: NOK690.00) - Q1 trading update
SalMar released its Q1 trading update on 10 April, revealing higher harvest volumes than we expected in the Central region, but lower in the North. The company also reiterated that it had been negatively affected by string jellyfish in the Northern region in Q1, hurting superior share and harvest weights more than we had previously expected. We have cut our Q1 estimates by 11% following the trading update and expect operating EBIT of NOK1,609m, 13% below consensus. The full report is due at 06:3...
SalMar – Q1 2024 Trading update
SalMar – Q1 2024 Trading update Consolidated harvest volumes in Q1 2024 are:Farming Central Norway: 27.8Farming Northern Norway: 17.5SalMar Aker Ocean: 4.8Icelandic Salmon: 2.8Total: 52.9 Alle figures in 1,000 tgw. As previously communicated, the impact of string jellyfish has resulted in low superior share and average size on the fish harvested in Northern-Norway in the quarter. The full Q1 2024 report will be released on 14 May 2024 at 06:30 CEST, the following presentation will be available through Norwegian webcast at 08:00 CEST and English webcast (recording) at 10:00 CEST. For mo...
SalMar – Q1 2024 Trading update
SalMar – Q1 2024 Trading update Konsolidert slaktevolum for Q1 2024 ble:Oppdrett Midt-Norge: 27,8Oppdrett Nord-Norge: 17,5SalMar Aker Ocean: 4,8Icelandic Salmon: 2,8Totalt: 52,9 Alle tall i 1 000 tgw. Som tidligere kommunisert har påvirkning fra perlesnormaneter medført at det er lav superiorandel og snittvekt på fisken som er slaktet i Nord-Norge i kvartalet. Fullstendig rapport for Q1 2024 vil bli offentliggjort 14. mai 2024 klokken 06:30 CEST, og den påfølgende presentasjonen vil være tilgjengelig via norsk webcast klokken 08:00 CEST og engelsk webcast (opptak) klokken 10:00 CEST. F...
- Alexander Aukner
LSG LEROY SEAFOOD GROUP ASA
AUSS AUSTEVOLL SEAFOOD ASA
AKVA AKVA GROUP ASA
SALM SALMAR ASA
GSF GRIEG SEAFOOD ASA
MOWI MOWI ASA
BAKKA BAKKAFROST P/F
SALMOCAM SALMONES CAMANCHACA SA
IFISH ICE FISH FARM AS
ASA ATLANTIC SAPPHIRE
SALME SALMON EVOLUTION HOLDING
KING THE KINGFISH COMPANY NV
AKBM AKER BIOMARINE
ISLAX ARNARLAX AS
AFISH ARCTIC FISH HOLDING AS
MAS MÅSØVAL
- Alexander Aukner
SalMar (Hold, TP: NOK690.00) - Time for a break
SalMar has surpassed our previous target price, and we see few short-term catalysts ahead. We are 8% below consensus on Q1e EBIT on lower expected prices following a higher-than-expected share of downgrades in the quarter as well as higher costs from low volumes. We have cut our 2024–2025e EPS by 10.3–5.8% on lower expected realised prices. We have downgraded to HOLD and trimmed our target price to NOK690 (700). The Q1 results are due at 06:30 CET on 14 May.
- Alexander Aukner
LSG LEROY SEAFOOD GROUP ASA
AUSS AUSTEVOLL SEAFOOD ASA
AKVA AKVA GROUP ASA
SALM SALMAR ASA
GSF GRIEG SEAFOOD ASA
MOWI MOWI ASA
BAKKA BAKKAFROST P/F
SALMOCAM SALMONES CAMANCHACA SA
IFISH ICE FISH FARM AS
ASA ATLANTIC SAPPHIRE
SALME SALMON EVOLUTION HOLDING
KING THE KINGFISH COMPANY NV
AKBM AKER BIOMARINE
ISLAX ARNARLAX AS
AFISH ARCTIC FISH HOLDING AS
MAS MÅSØVAL
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.