Marine Harvest ASA (OSE:MHG): Q4 2017 Trading update
Harvest volumes Q4 2017 (1)
| Farming Norway | 66.5 thousand tonnes |
| Farming Scotland | 13.0 thousand tonnes |
| Farming Canada | 10.0 thousand tonnes |
| Farming Chile | 17.0 thousand tonnes |
| Farming Ireland | 2.5 thousand tonnes |
| Farming Faroes | 4.0 thousand tonnes |
| Total | 113.0 thousand tonnes |
In connection with the presentation of the Q3 2017 results, Marine Harvest guided a total harvest volume of 111 thousand tonnes (GWE) for Q4 2017.
Note:
(1) The harvest volumes are provided in gutted weight equivalents (GWE). The figures include salmonid species only.
Additional information
Operational EBIT for the Group was approximately EUR 177 million in Q4 2017 (EUR 259 million in Q4 2016).
Total operational EBIT per kg through the value chain were approximately as follows:
| Norway | EUR | 1.75 |
| Scotland | EUR | 1.20 |
| Canada | EUR | 1.00 |
| Chile | EUR | 1.00 |
| Ireland | EUR | 2.75 |
| Faroes | EUR | 3.00 |
Reported net interest bearing debt (NIBD) was approximately EUR 835 million at the end of the quarter.
The complete Q4 2017 report will be released on 14 February at 06:30 CET.
Please refer to the Annual Report for detailed descriptions and reconciliations of non-IFRS measures such as Operational EBIT and NIBD.
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Marine Harvest ASA via GlobeNewswire
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