Mowi ASA (OSE:MOWI): Q4 2020 Trading update
Harvest volumes Q4 2020 (1)
|Farming Norway||78.5 thousand tonnes|
|Farming Scotland||13.0 thousand tonnes|
|Farming Canada||12.5 thousand tonnes|
|Farming Chile||20.5 thousand tonnes|
|Farming Ireland||1.0 thousand tonnes|
|Farming Faroes||1.5 thousand tonnes|
|Total||127.0 thousand tonnes|
In connection with the presentation of the Q3 2020 results, Mowi ASA guided a total harvest volume of 128.9 thousand tonnes (GWE) for Q4 2020.
(1) The harvest volumes are provided in gutted weight equivalents (GWE). The figures include salmonid species only.
Operational EBIT for the Group was approximately EUR 49 million in Q4 2020 (EUR 166 million in Q4 2019). Blended Farming cost per kg harvested was EUR 4.28, a reduction from EUR 4.40 in Q4 2019. Blended Farming cost for the third quarter 2020 was EUR 4.23 per kg.
Total Operational EBIT per kg through the value chain was approximately as follows:
Operational EBIT in Consumer Products was EUR 35 million and Feed EUR 14 million in Q4 2020.
Reported financial net interest-bearing debt (NIBD) was approximately EUR 1 460 million at the end of the quarter (excluding IFRS 16 effects).
The complete Q4 2020 report will be released on 17 February at 06:30 CET.
Please refer to the Annual Report for detailed descriptions and reconciliations of non-IFRS measures such as Operational EBIT and NIBD.
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
Subscribe to releases from Globenewswire
Subscribe to all the latest releases from Globenewswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Globenewswire
Gofore Oyj5.3.2021 08:11:26 CET | Press release
Gofore Plc: Gofore Plc's Annual Report 2020 published
Gofore Oyj5.3.2021 08:06:25 CET | Press release
Gofore Plc: Summons to Gofore Plc’s annual general meeting
Aktia Bank Plc5.3.2021 08:02:24 CET | Press release
Notice to Aktia Bank Plc’s Annual General Meeting 2021
Gofore Oyj5.3.2021 08:02:14 CET | Press release
Gofore Plc: Gofore Plc's Financial Statements Release 1 January–31 December 2020: Gofore continued strong growth – profitability improved
Klaipedos Nafta5.3.2021 08:02:04 CET | Press release
AB Klaipėdos nafta preliminary revenue for February 2021
Nexstim Oyj5.3.2021 08:01:54 CET | Press release
Nexstim Plc Publishes 2020 Annual Report
Cavotec SA5.3.2021 08:01:43 CET | Press release
Cavotec to focus on growing markets for sustainability solutions in Ports & Maritime and Industry – Initiates process to divest the Airports business
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.Visit our pressroom