Austevoll Seafood ASA Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 22, 2023 at 07:00 pm EDT
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Austevoll Seafood ASA reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was NOK 8,452 million compared to NOK 7,852 million a year ago. Net income was NOK 605 million compared to NOK 963 million a year ago. Basic earnings per share from continuing operations was NOK 3 compared to NOK 4.8 a year ago. Diluted earnings per share from continuing operations was NOK 3 compared to NOK 4.8 a year ago.
For the six months, sales was NOK 16,454 million compared to NOK 14,417 million a year ago. Net income was NOK 64 million compared to NOK 1,478 million a year ago. Basic earnings per share from continuing operations was NOK 0.3 compared to NOK 7.3 a year ago. Diluted earnings per share from continuing operations was NOK 0.3 compared to NOK 7.3 a year ago.
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 
