Edition:
India

Norway Royal Salmon ASA (NRSM.OL)

NRSM.OL on Oslo Stock Exchange

202.50NOK
21 Aug 2018
Change (% chg)

kr-6.50 (-3.11%)
Prev Close
kr209.00
Open
kr205.00
Day's High
kr208.00
Day's Low
kr201.00
Volume
52,320
Avg. Vol
113,064
52-wk High
kr222.50
52-wk Low
kr121.15

Latest Key Developments (Source: Significant Developments)

Norway Royal Salmon Q4 EBIT misses forecast, 2017 dividend lags
Tuesday, 13 Feb 2018 

Feb 13 (Reuters) - Norway Royal Salmon Asa ::NORWAY ROYAL SALMON Q4 OPERATIONAL EBIT NOK ‍95​ MILLION (REUTERS POLL NOK 111 MILLION) VS YEAR-AGO NOK 101 MILLION.NORWAY ROYAL SALMON EXPECTS 2018 HARVEST VOLUME ‍42,500​ TONNES (REUTERS POLL 41,917) VERSUS JAN GUIDANCE 42,500 TONNES.‍BIOMASS IN SEA IS 26 PER CENT HIGHER COMPARED TO END OF SAME QUARTER LAST YEAR​.NORWAY ROYAL SALMON PROPOSES NOK ‍5.20​ PER SHARE IN DIVIDEND FOR 2017 (REUTERS POLL NOK 7.89) VS NOK 9.50 FOR 2016.‍INTEREST-BEARING DEBT INCREASED BY MNOK 94T O MNOK 633 AFTER BIOMASS INCREASED BY 3,869 TONNES​.‍RETURN ON CAPITAL EMPLOYED FOR LAST FOUR QUARTERS IS 40 PER CENT​.  Full Article

Norway Royal Salmon suspects further ISA outbreak
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - Norway Royal Salmon Asa :‍farming operations in region north has suspicion of fish disease ISA at pollen site and at lille kvalfjord site in finnmark, which are neighboring sites to and have joint operations with store kvalfjord site​.‍in total in operating area, including store kvalfjord, there are 1.4 million fish with an average weight of about 3 kilograms​.‍has received confirmation of ISA at store kvalfjord site. Is awaiting confirmation of analyzes from analysis company for a final ascertainment of isa at pollen and lille kvalfjord sites​.has begun extraction of fish from operating area. Consequences of a possible disease detection are still difficult to estimate, and we will come back to consequences​.  Full Article

Norway Royal Salmon Q3 EBIT lags slightly, cuts 2017 harvest guidance
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Norway Royal Salmon Asa :Norway royal salmon q3 operational ebit nok ‍192​ million (Reuters poll nok 196 million).Norway royal salmon q3 harvest volume of ‍10,454​ tonnes (reuters poll 9,200 tonnes).Norway royal salmon expects 2017 harvest volume of ‍32,500​ tonnes versus previous guidance 34,000 (reuters poll 33,900).‍estimated harvest volume is 43,000 tonnes for 2018​.‍has a strong focus on growth and utilization of our production capacity and expects as good as full utilisation of group's mab in q4​.Norway royal salmon q3 revenues nok 1.36 billion (Reuters poll 1.13 billion).  Full Article

Norway Royal Salmon Q2 operational EBIT slightly below forecast
Tuesday, 22 Aug 2017 

Aug 22 (Reuters) - Norway Royal Salmon Asa :Operational ebit for q2 of 2017 was nok 136 million (reuters poll nok 139 mln) and ebit per kg was nok 30.17.Estimated harvest volume is 34,000 tonnes for 2017 (reuters poll 33,447 tonnes), an increase of 27 per cent from 2016. 11.7 million smolts are planned released in 2017.Has 48 per cent higher biomass in sea compared to end of same quarter last year.  Full Article

Norway Royal Salmon Q1 operating result beats forecast
Tuesday, 23 May 2017 

May 23 (Reuters) - Norway Royal Salmon Asa :Operational ebit for q1 of 2017 was mnok 205 and ebit per kg was nok 28.60. Corresponding figures for same quarter last year were mnok 153 and nok 25.54.Reuters poll for q1 operational ebit was nok 162 million.Estimated harvest volume is 34,000 tonnes for 2017, an increase of 27 per cent from 2016.Reuters poll for 2017 harvest volume was 33,850 tonnes.For 2017, we expect an increase in supply to global market of 2 to 4 per cent.A continued low supply growth and good work in markets provides basis for a positive market outlook.Says harvested 7,181 tonnes during the quarter (Reuters poll 5,340 tonnes).  Full Article

Grieg Seafood and Norway Royal Salmon to jointly secure smolt production in Finmark
Tuesday, 16 May 2017 

May 16 (Reuters) - Grieg Seafood Asa and Norway Royal Salmon :Have joined forces to ensure smolt capacity in Finnmark by entering as owners of Nordnorsk Smolt as with 50 per cent each.Says the plant has a production capacity of 800 tonnes per year, corresponding to an annual production of about 3.2 million fish weighing 250 grams.Transaction values company at an enterprise value (ev) of approximately NOK 100 million.Says the acquisition will "ensure good access to big smolt which will contribute to better production optimization and shorter production time in sea".Says the investment is in accordance with companies' strategy to strengthen smolt production.  Full Article

Norway Royal Salmon Q3 earnings surge, sees 27 pct output growth in 2017
Wednesday, 9 Nov 2016 

Norway Royal Salmon Asa : q3 operational ebit nok 218 million (nok 23 million) . expects 2016 harvest volume of 26,700 tonnes (previous guidance 27,000 tonnes) . says estimated harvest volume is 26,700 tonnes for 2016 and 34,000 tonnes for 2017, an increase of 27 per cent . says has released 10.1 million smolts to sea in 2016 and expects a significant build-up of biomass next year, says charles høstlund . says for 2016, expected global supply growth will be negative in range of 6 to 8 per cent and in longer term, global growth is expected to continue to be low .Says this provides basis for a positive market outlook for 2016 and in longer term for industry.  Full Article

BUZZ-Norway Royal Salmon shares hit by suspected outbreak of disease

** Fish farmer Norway Royal Salmon suspects outbreak of infectious salmon anaemia (ISA) at the Lubben site in region north