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P/F Bakkafrost (BAKKA.OL)

BAKKA.OL on Oslo Stock Exchange

464.60NOK
3:50pm IST
Change (% chg)

kr4.40 (+0.96%)
Prev Close
kr460.20
Open
kr459.00
Day's High
kr465.00
Day's Low
kr456.00
Volume
19,083
Avg. Vol
164,602
52-wk High
kr476.20
52-wk Low
kr296.10

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Mon, May 7 2018

Fish farmer Bakkafrost sees tight salmon market ahead

OSLO, May 7 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)​

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