MHG - RECORD EARNINGS IN Q2 2014
Marine Harvest has disclosed information on harvest volumes Q2 2014 (1).
|
Farming Norway |
69 thousand tonnes |
|
Farming Scotland |
18 thousand tonnes |
|
Farming Canada |
7 thousand tonnes |
|
Farming Chile |
16 thousand tonnes |
|
Other |
4 thousand tonnes |
|
Total |
114 thousand tonnes |
In connection with the presentation of the Q1 2014 results, Marine Harvest guided a total harvest volume of 109 thousand tonnes (HOG) for Q2 2014. Marine Harvest expects a total harvest volume of 417 thousand tonnes in 2014, according to the company.
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 1,200 million in Q2 2014 (NOK 901 million in Q2 2013). This is the highest recorded quarterly earnings for Marine Harvest.
Total operational EBIT per kg through the value chain were approximately as follows for the main sources of origin:
- Norway 12.1 NOK
- Scotland 12.1 NOK
- Canada 11.0 NOK
- Chile 5.4 NOK
Reported net interest bearing debt (NIBD) was approximately NOK 7.0 billion by the end of the quarter.
The full Q2 2014 report will be released on 27 August at 0700 CET.