Mowi ASA (OSE:MOWI): Q1 2019 Trading update

Harvest volumes Q1 2019 (1) Farming Norway56.0 thousand tonnesFarming Scotland15.5 thousand tonnesFarming Canada10.0 thousand tonnesFarming Chile20.0 thousand tonnesFarming Ireland1.5 thousand tonnesFarming Faroes1.0 thousand tonnes...

London, 15/04/2019 (informazione.news - comunicati stampa - cibi e bevande)

In connection with the presentation of the Q4 2018 results, Mowi ASA guided a total harvest volume of 102 thousand tonnes (GWE) for Q1 2019.

(1) The harvest volumes are provided in gutted weight equivalents (GWE). The figures include salmonid species only.

Operational EBIT for the Group was approximately EUR 194 million in Q1 2019 (EUR 158 million in Q1 2018).

Total Operational EBIT per kg through the value chain was approximately as follows:

Reported financial net interest-bearing debt (NIBD) was approximately EUR 1 020 million at the end of the quarter (excluding IFRS 16 effects).

The complete Q1 2019 report will be released on 7 May 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.