Austevoll Seafood ASA Provides Production Guidance for Year 2020
August 20, 2020 at 07:00 am EDT
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Austevoll Seafood ASA provided production guidance for year 2020. The company is aiming to produce approximately 400,000 tonnes of pelagic fish on company's vessels. And aiming to process approximately 1,850,000 tonnes of fish in company's pelagic factories. The company aiming to capture more or less the same level on company's whitefish quotas. However, it will be a different mix since cod quotas and haddock quotas is a bit different from the year before. And the company is also aiming to slaughter 292,000 tonnes as it looks, which is also up from same period, from 2019.
Austevoll Seafood ASA (AUSS) is a Norway-based holding company. The Company is involved in pelagic operations within fisheries, production of fishmeal and fish oil, and frozen pelagic consumer products. The Company has sales operations in Norway, Europe, Asia, the USA and South America. Its activities are divided into operating segments and reflect its portfolio companies: Leroey Seafood Group ASA, which is involved in fish farming; Austral Group S.A.A., that is engaged in the production of fishmeal, fish oil, canned fish and frozen fish; Foodcorp Chile S.A., that is engaged in production of frozen fish, canned fish, fishmeal and fish oil.; Br. Birkeland AS, that holds pelagic fishing licences utilised by two purse-seiner fishing vessels; Br. Birkeland Farming AS, that holds seven salmon farming licences in the Western Region of Norway and the joint venture Pelagia Holding AS, that is engaged in production of fishmeal, fish oil, Omega-3 oil and frozen fish for direct human consumption.
AUSTEVOLL SEAFOOD ASA 
