Marine Harvest : Q2 2016 Trading Update
OREANDA-NEWS. Marine Harvest ASA (OSE:MHG, NYSE:MHG): Q2 2016 Trading update.
Farming Norway | 54 thousand tonnes |
Farming Scotland | 11 thousand tonnes |
Farming Canada | 11.5 thousand tonnes |
Farming Chile | 7 thousand tonnes |
Other | 3.5 thousand tonnes |
Total | 87 thousand tonnes |
In connection with the presentation of the Q1 2016 results, Marine Harvest guided a total harvest volume of 90 thousand tonnes (GWE) for Q2 2016.
Operational EBIT for the Group was approximately EUR 147 million (EUR/NOK 9.3366) in Q2 2016 (EUR 84 million in Q2 2015, EUR/NOK 8.5642).Total operational EBIT per kg through the value chain were approximately as follows for the main sources of origin:
Norway | EUR | 2.10 |
Scotland | EUR | 0.45 |
Canada | EUR | 2.35 |
Chile | EUR | - 0.25 |
Reported net interest bearing debt (NIBD) was approximately EUR 830 million (EUR/NOK 9.3074) at the end of the quarter.
The complete Q2 2016 report will be released on 18 August at 06:30 CET.
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. This press release may be deemed to include forward-looking statements, such as statements that relate to salmonid production volume.
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