Salmon Harvest of Marine Harvest ASA exceeded forecast

October 9, 2012 16:59

Based on UPDATE AFTER THE END OF Q3 2012, salmon harvest of Marine Harvest ASA exceeded forecast for the period, reports www.megafishnet.com with reference to Marine Harvest ASA.

 Harvest volumes Q3 2012 (1)

Farming Norway

58 thousand tonnes

Farming Chile

10 thousand tonnes

Farming Canada

8 thousand tonnes

Farming Scotland

13 thousand tonnes

Other

4 thousand tonnes

Total

93 thousand tonnes


In connection with the presentation of the Q2 2012 results, Marine Harvest guided a total harvest volume of 90 thousand tonnes (HOG) for Q3 2012.

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 65 million in Q3 2012 (NOK 457 million in Q3 2011).

Net interest bearing debt per 30 September 2012 was approximately NOK 5,000 million.

The harvest volume originating in Norway contributed with a total operational EBIT through the value chain of NOK 2.3 per kg. The results for the Chilean and Canadian activities were adversely impacted by the challenging market conditions during the quarter.

Marine Harvest will release its Q3 2012 results on 26 October at 0700 CET.

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