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SalMar - Q1 2025 Trading update
GlobeNewswire· 2025-04-08 15:00
Consolidated harvest volumes in Q1 2025 are:Farming Central Norway: 21.1Farming Northern Norway: 19.3SalMar Ocean: 1.2Icelandic Salmon: 1.1Total: 42.7All figures in 1,000 tonnes gutted weight. As communicated during the last quarterly presentation in February, the focus has been on building biomass during the period. Therefore, most of the volume has been harvested late in the quarter, and there has also been a need to harvest fish due to fish welfare. The Q1 2025 report will be released on Tuesday 20 May ...
SalMar - Issuance of Commercial Paper
GlobeNewswire· 2025-03-11 09:19
SalMar ASA (rated BBB+ by Nordic Credit Rating) has today issued a new commercial paper of NOK 1 000,000,000. Issue date: 13 March 2025 Maturity date: 15 September 2025 Coupon: 5.04 % p.a. Manager: DNB Markets About SalMar SalMar is one of the world's largest and most efficient producers of salmon. The Group has farming operations in Central Norway, Northern Norway and Iceland, as well as substantial harvesting and secondary processing operations. In addition, the company is operating within offshore aquacu ...
SalMar - Settlement of acquisition of shares in SalMar Aker Ocean AS – issue of new shares
GlobeNewswire· 2025-03-06 07:30
Core Viewpoint - SalMar ASA is acquiring a 15 percent ownership stake in SalMar Aker Ocean AS from Aker Capital AS, with the transaction being settled partly in cash and partly through the issuance of new shares at a subscription price of NOK 574 per share [1] Group 1: Transaction Details - The board of directors has approved the issuance of 1 million new shares as part of the settlement for the acquisition [2] - The total share capital of the company will increase to NOK 33,438,893, consisting of 133,755,572 shares, each with a par value of NOK 0.25 [2] Group 2: Company Overview - SalMar is recognized as one of the largest and most efficient salmon producers globally, with farming operations in Central Norway, Northern Norway, and Iceland [3] - The company also engages in offshore aquaculture through SalMar Aker Ocean and holds a 50% stake in Scottish Sea Farms Ltd [3]
SalMar Aker Ocean AS becomes a wholly owned subsidiary of SalMar ASA
GlobeNewswire· 2025-03-06 07:00
Group 1 - SalMar ASA has agreed to purchase Aker Capital AS's 15 percent ownership stake in SalMar Aker Ocean AS for NOK 76 million and one million SalMar shares [1][2] - The transaction values SalMar Aker Ocean AS at NOK 4.33 billion on a 100 percent basis, with SalMar already owning 85 percent of SAO [3] - Following the acquisition, Roy Reite and Trine Sæther Romuld will step down as CEO and CFO of SalMar Aker Ocean AS, with Anders Fjellheim appointed as the new managing director [2][3] Group 2 - SalMar is one of the largest and most efficient salmon producers globally, with operations in Central Norway, Northern Norway, and Iceland, as well as offshore aquaculture through SalMar Aker Ocean [5]
SalMar - new share capital registered
GlobeNewswire· 2025-02-27 15:45
Core Viewpoint - SalMar ASA has issued 716,652 new shares as part of the acquisition of a controlling interest in AS Knutshaugfisk, reflecting the company's strategic growth initiatives in the aquaculture sector [1]. Group 1: Share Capital Increase - The share capital increase related to the issuance of the new shares has been registered, resulting in a new share capital of NOK 33,188,893, divided into 132,755,572 shares, each with a par value of NOK 0.25 [2]. Group 2: Company Overview - SalMar is recognized as one of the largest and most efficient salmon producers globally, with farming operations in Central Norway, Northern Norway, and Iceland, alongside significant harvesting and secondary processing activities [2]. - The company is also involved in offshore aquaculture through SalMar Aker Ocean and holds a 50% stake in Scottish Sea Farms Ltd [2].
SalMar - Settlement of acquisition of shares in AS Knutshaugfisk – issue of new shares
GlobeNewswire· 2025-02-27 07:00
Group 1 - The company SalMar ASA has announced the acquisition of a controlling interest in AS Knutshaugfisk, with the transaction settlement involving both cash and the issuance of 716,652 new shares at a subscription price of NOK 559 per share [1] - The board of directors has approved the issuance of the Consideration Shares as part of the transaction settlement, following an authorization registered on 12 June 2024 [2] - After the issuance of the new shares, SalMar's share capital will increase to NOK 33,188,893, consisting of 132,755,572 shares with a par value of NOK 0.25 each [2] Group 2 - SalMar is recognized as one of the largest and most efficient salmon producers globally, with farming operations in Central Norway, Northern Norway, and Iceland, along with significant harvesting and secondary processing operations [3] - The company is also involved in offshore aquaculture through SalMar Aker Ocean and holds a 50% stake in Scottish Sea Farms Ltd [3]
SalMar – Satisfactory results and good biological development towards the end of the quarter
GlobeNewswire· 2025-02-18 05:30
Core Viewpoint - SalMar ASA has demonstrated strong biological development and financial results in the fourth quarter of 2024, with a positive outlook for 2025 due to improved biological conditions and strategic investments in sustainable salmon production [1][6]. Group 1: Financial Performance - SalMar reported an operational EBIT of NOK 1,485 million for Norway in Q4 2024, with a harvest volume of 67,300 tonnes and an operational EBIT per kg of NOK 22.1 [6]. - The group's total operational EBIT for Q4 2024 was NOK 1,489 million, with a total harvest volume of 73,800 tonnes and an operational EBIT per kg of NOK 20.2 [6]. - The board proposed a dividend of NOK 22.00 per share for the financial year 2024, reflecting strong financial results and a solid financial position [6]. Group 2: Production and Growth Outlook - SalMar expects to invest NOK 1.9 billion in 2025, primarily focused on fish welfare initiatives [4]. - The company maintains a volume guidance of 254,000 tonnes in Norway, 9,000 tonnes from SalMar Aker Ocean, 15,000 tonnes in Iceland, and 32,000 tonnes in Scottish Sea Farms, totaling 294,000 tonnes for the group, representing a 17% increase in harvest volume compared to 2024 [5]. - SalMar is experiencing strong demand for its products while anticipating low global supply growth in 2025 [5]. Group 3: Strategic Developments - SalMar completed the purchase of a controlling stake in AS Knutshaugfisk, which has 3,466 tonnes MTB in licenses and four farming locations in Mid-Norway [1]. - The company holds a 37.5% stake in Wilsgård AS and has agreed to consolidate with Wilsgård Sea Service AS, which owns 75% of Wilsgård AS, enhancing its presence in Northern Norway [2][3]. - SalMar's farming segments in Norway showed good development throughout Q4 2024, contributing positively to the overall results [6].
SalMar - Invitation to presentation of the fourth quarter 2024 results
GlobeNewswire· 2025-02-12 12:53
Group 1 - SalMar will present its results for the fourth quarter of 2024 on February 18, 2025, at 08:00 CET at Hotel Continental in Oslo [1] - The presentation will be available via Norwegian webcast at 08:00 CET, with an English recording available from 10:00 CET [2] - Following the main presentation, there will be two group presentations: a physical presentation in Norwegian at 12:00 CET and a digital presentation in English at 14:15 CET [3] Group 2 - Results will be accessible from 06:30 CET on the company's homepage and the Oslo Stock Exchange's page [3] - For further inquiries, Håkon Husby, Head of Investor Relations, can be contacted via phone or email [4]
SalMar - Successful Issuance of New Green Bonds
GlobeNewswire· 2025-01-23 14:45
Core Viewpoint - SalMar ASA has successfully issued a total of NOK 4,350 million in green bonds, indicating a strong commitment to sustainable financing and investment [1]. Group 1: Bond Issuance Details - The bond issuance consists of two tranches: NOK 3,250 million in a 5-year senior unsecured green bond with a floating rate of 3 months Nibor + 1.15% per annum, and NOK 1,100 million in a 7-year senior unsecured green bond with a floating rate of 3 months Nibor + 1.35% per annum [2]. - An application will be made for the bonds to be listed on the Oslo Stock Exchange, with a settlement date set for 30 January 2025 for both tranches [1]. Group 2: Financial Institutions Involved - Danske Bank, DNB Markets, Nordea, and SEB acted as Global Coordinator and Joint Lead Managers for the bond issuance, while Rabobank served as a Joint Lead Manager [2].
Correction: SalMar - Q4 2024 Trading Update
GlobeNewswire· 2025-01-07 17:14
Core Viewpoint - The consolidated harvest volumes for Q4 2024 have been reported, indicating a total of 73.8 thousand tons of fish harvested across various regions and companies [1]. Group 1: Harvest Volumes - Farming Central Norway reported a harvest volume of 39.7 thousand tons [1]. - Farming Northern Norway reported a harvest volume of 27.7 thousand tons [1]. - Icelandic Salmon contributed a harvest volume of 6.5 thousand tons [1]. - SalMar Aker Ocean reported a harvest volume of 0 thousand tons [1]. - The total harvest volume for Q4 2024 is 73.8 thousand tons [1]. Group 2: Reporting Schedule - The full Q4 2024 report is scheduled for release on Tuesday, February 18, 2025, at 06:30 CET [1]. - A presentation will be available through a Norwegian webcast at 08:00 CET and an English webcast (recording) at 10:00 CET [1].