Austevoll Seafood ASA reported audited group and parent company earnings results for the full year of 2017. For the year, the group reported sales revenue was NOK 20,797 million against NOK 18,905 million a year ago. Operating profit was NOK 1,995 million against NOK 4,462 million a year ago. Profit before taxes was NOK 2,200 million against NOK 4,683 million a year ago. Profit attributable to shareholders of company was NOK 1,009 million or NOK 5.00 per share from continued operation against NOK 1,645 million or NOK 8.17 per share from continued operation a year ago. EBITDA was NOK 4,747,249,000 compared to NOK 3,880,831,000 a year ago. EBIT (before fair value adj.biological assets) was NOK 3,827,155,000 compared to NOK 2,912,911,000 a year ago. Net interest bearing debt was NOK 4,137,532,000 compared to NOK 5,492,880,000 a year ago. Return on equity was 10% compared to 23% a year ago. Net cash flow from operating activities was NOK 4,220 million against NOK 3,300 million a year ago. Purchase of intangible and tangible fixed assets was NOK 1,840 million against NOK 1,142 million a year ago.
For the year, the parent company reported sales revenue was NOK 2,116,000 against NOK 2,133,000 a year ago. Operating loss was NOK 29,491,000 against NOK 27,419,000 a year ago. Profit before taxes was NOK 558,146,000 against NOK 1,310,446,000 a year ago. Net profit for the year was NOK 558,146,000 against NOK 1,310,446,000 a year ago. Earnings per share from continued operation was NOK 2.77 compared to NOK 6.50 a year ago. Net cash used in operating activities was NOK 52,651,000 against NOK 52,982,000 a year ago.