Grieg Seafood provides lower numbers



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Grieg Seafood recorded an after tax loss of NOK 224.5 million in the third quarter of 2018 compared to NOK 190.5 million in the same period last year.

Earnings per share amounted to NOK 2.00 against NOK 1.65 at the same crossroads last year.

See the quarterly LIVE presentation here at 8:00 am

Profit before tax is high at NOK 307.8 million compared to NOK 258.2 million last year.

Operating profit before adjustments of biomass was established at NOK 159.7 million, compared with NOK 229.3 million the previous year.

EBITDA before fair value adjustment amounted to NOK 219.0 million compared to NOK 280.1 million last year.

Operating profit amounted to 1,588.6 million NOK, compared to 1,854.9 million NOK in the third quarter of 2017.

16 941 tonnes were harvested during the quarter, compared with 16 875 tonnes the previous year.

The EBIT / kg was NOK 9.43, against NOK 13.59 the previous year.

A dividend of NOK 2.00 per share will be paid.

The full report and presentation here

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