Mowi ASA (OSE:MOWI): Q3 2019 Trading update

Harvest volumes Q3 2019 (1)Farming Norway63.5 thousand tonnesFarming Scotland19.5 thousand tonnesFarming Canada16.0 thousand tonnesFarming Chile14.0 thousand tonnesFarming Ireland2.0 thousand tonnesFarming Faroes2.0 thousand tonnesTotal117.0 thousand tonnesIn connection with the presentation of the Q2 2019 results, Mowi ASA guided a total harvest volume of 113 thousand tonnes (GWE) for Q3 2019. Note:(1) The harvest volumes are provided in...

Bergen, 15/10/2019 (informazione.news - comunicati stampa - cibi e bevande)

Harvest volumes Q3 2019 (1)

In connection with the presentation of the Q2 2019 results, Mowi ASA guided a total harvest volume of 113 thousand tonnes (GWE) for Q3 2019.

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 146 million in Q3 2019 (EUR 207 million in Q3 2018). Net negative one-offs in Mowi Canada have impacted Operational EBIT by approximately EUR 5 million in Q3 2019, ref stock exchange notice of 13 October.

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

Reported financial net interest-bearing debt (NIBD) was approximately EUR 1 230 million at the end of the quarter (excluding IFRS 16 effects).

The complete Q3 2019 report will be released on 30 October 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.