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News - AQUACULTURE / FISH FARMING - Free - UPDATE OF SALMON HARVEST VOLUMES AFTER THE END OF Q1 2013

UPDATE OF SALMON HARVEST VOLUMES AFTER THE END OF Q1 2013 / April 12, 2013 17:52

Marine Harvest ASA has published update of salmon harvest volumes after the end of first quarter 2013, reports www.megafishnet.com.

Harvest volumes Q1 2013 (1)

Farming Norway

47 thousand tonnes

Farming Chile

8 thousand tonnes

Farming Canada

12 thousand tonnes

Farming Scotland

10 thousand tonnes

Other

3 thousand tonnes

Total

80 thousand tonnes

In connection with the presentation of the Q4 2012 results, Marine Harvest guided a total harvest volume of 75 thousand tonnes (HOG) for Q1 2013.

Notes:
(1) The harvest volumes are provided in head on gutted (HOG) equivalents. The figures include salmonid species only.

Additional information

Operational EBIT for the Group was approximately NOK 480 million in Q1 2013 (NOK 276 million in Q1 2012).

Total operational EBIT per kg through the value chain based on source of origin was approximately:

Norway

NOK 8.3

Chile

NOK -5.9

The results from Chile were impacted by a low price level and high biological costs. The result in Chile further underlines the requirement for consolidation in the Chilean industry.

Net interest bearing debt (NIBD) by the end of the quarter was approximately NOK 6,300 million. The payment of Morpol shares impacted NIBD by approximately NOK 745 million in the quarter.

Marine Harvest will release its Q1 2013 results on 30 April at 0700 CET.

 


Published by FISHNET.RU

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