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Bakkafrost P/F

BAKKA.OL

Latest Trade

603.50NOK

Change

1.00(+0.17%)

Volume

183,617

Today's Range

577.50

 - 

611.50

52 Week Range

407.97

 - 

634.50

As of on the Oslo Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
602.50
Open
594.00
Volume
183,617
3M AVG Volume
4.88
Today's High
611.50
Today's Low
577.50
52 Week High
634.50
52 Week Low
407.97
Shares Out (MIL)
53.46
Market Cap (MIL)
32,206.53
Forward P/E
24.59
Dividend (Yield %)
2.25

Next Event

P/F Bakkafrost at ABG Sundal Collier Nordic Opportunities Seminar

Latest Developments

More

Bakkafrost Reports Operational EBIT of DKK 303 Million for the Third Quarter of 2019

Bakkafrost Update On Mandatory Offer For The Scottish Salmon Company

P/F Bakkafrost Q3 Total Harvest Volumes 12.9 Thousand Tonnes

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About Bakkafrost P/F

P/F Bakkafrost is a fish farming company, based in the Faroe Islands. Its main business area is aquaculture and it consists of three segments: Fish Farming; Value Added Products (VAP); and Production and Sale of Fish Meal, Oil and Feed. It is engaged in all production steps of sea farming, from salmon roe to harvested fish. The salmon is partly sold for salmon products and exported to foreign seafood processing companies. In addition, it operates VAP processing facilities, in which the fresh salmon is used as raw material for production of value added salmon. Through its subsidiary, Havsbrun, it produces fish oil, fish meal, fish feed and smolt. The Company operates licenses on 19 farming sites, located in 18 different fjords. The Company primarily sells its products on the European market, as well as in the United States. In April 2014, Bakkafrost BF, via subsidiary Havsbrun, purchased further 41.15% in Hanstholm Fiskemelsfabrik and now holds 81.01% stake.

Industry

Fish/Livestock

Contact Info

Bakkavegur 9, Glyvrar

+298.null.405000

http://www.bakkafrost.fo

Executive Leadership

Runi M. Hansen

Independent Chairman of the Board

Regin Jacobsen

Chief Executive Officer

Johannes Jensen

Independent Deputy Chairman of the Board

Hogni D. Jakobsen

Chief Financial Officer

Odd Eliasen

Managing Director of Havsbrun

Key Stats

2.75 mean rating - 8 analysts
Sell
Hold
Buy
Revenue (MM, DKK)

2016

3.2K

2017

3.8K

2018

3.2K

2019(E)

4.1K
EPS (DKK)

2016

17.552

2017

21.068

2018

16.423

2019(E)

18.259
Price To Earnings (TTM)
37.92
Price To Sales (TTM)
6.55
Price To Book (MRQ)
3.95
Price To Cash Flow (TTM)
29.65
Total Debt To Equity (MRQ)
23.37
LT Debt To Equity (MRQ)
23.37
Return on Investment (TTM)
8.54
Return on Equity (TTM)
7.83

Latest News

Latest News

NORWEGIAN STOCKS-Bakkafrost leads salmon shares down after Q2 report

* Norwegian shares traded down on Tuesday * Oslo's benchmark index fell 0.11 pct, or 1.07 points, to 901.28 points and was up by 10.79 pct year-to-date * The broader Oslo All Share Index was down 0.08 percent * Brent crude futures, a trigger for the oil heavy Oslo Bourse...

Fish farmer Bakkafrost sees tight salmon market ahead

Faroese fish farmer Bakkafrost expects a tight salmon market ahead as supply growth abates, it said on Monday after reporting below-forecast first-quarter earnings.

BRIEF-Bakkafrost Q1 lags forecast as weak-performing sites harvested

* BAKKAFROST Q1 OPERATIONAL EBIT DKK 268.2 MILLION (REUTERS POLL DKK 293 MILLION)

BRIEF-Bakkafrost harvest volumes in Q1 12.2 thousand tonnes​

* HARVEST VOLUMES IN Q1 2018 12.2 THOUSAND TONNES vs Source text for Eikon: Further company coverage: (Reporting By Ole Petter Skonnord)

BRIEF-Bakkafrost agrees EUR 200 mln credit facility

* AGREEMENT TO REFINANCE ITS EXISTING BANK FACILITIES AND ITS OUTSTANDING NOK 500M BOND, WHICH HAS A MATURITY DURING Q1 2018, WITH A SENIOR SECURED FIVE YEAR EUR 200M CREDIT FACILITY WITH ITS EXISTING LENDER NORDEA

UPDATE 2-Bakkafrost fish farming volume in line with guidance, feed sales below

* Harvest volumes in q4 2017 were 11.4 thousand tonnes, all of it from farming west (none from farming north)

BRIEF-Bakkafrost harvested 11,400 tonnes of fish in Q4

* HARVEST VOLUMES IN Q4 2017 ARE 11.4 THOUSAND TONNES, ALL OF IT FROM FARMING WEST (NONE FROM FARMING NORTH)

UPDATE 1-Bakkafrost Q3 EBIT in line, sees drop in 2018 harvest volume

* Bakkafrost q3 operational ebit DKK 251.8 million (Reuters poll DKK 252 million)

BRIEF-Bakkafrost Q3 EBIT in line, sees drop in 2018 harvest volume

* Bakkafrost q3 operational ebit DKK 251.8 million (Reuters poll DKK 252 million)

BRIEF-Fish farmer Bakkafrost's core Q2 earnings miss forecast

* Q2 operational ebit dkk 459.2 million (Reuters poll dkk 476 million)

BRIEF-Bakkafrost Q2 harvest volume 18,400 tonnes

* Feed sales in q2 2017 are 17,000 thousand tonnes. Havsbrun sourced 162,500 thousand tonnes of raw materials in q2 2017

BRIEF-Bakkafrost Q1 salmon harvest volume rose to 13,200 tonnes

* Harvest volumes in Q1 2017 13,200 tonnes (Farming North 9,100 tonnes, Farming West 4,100 tonnes) vs 10,900 tonnes reported for Q1 2016

BRIEF-Bakkafrost expects 2017 harvest volumes to be reduced by 2,000 tonnes

* As a precautionary action, Bakkafrost has decided to harvest the remaining fish at A-73 Hvannasund Norður.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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