1. Homepage
  2. Equities
  3. Norway
  4. Oslo Bors
  5. Austevoll Seafood ASA
  6. News
  7. Summary
    AUSS   NO0010073489

AUSTEVOLL SEAFOOD ASA

(AUSS)
  Report
Real-time Oslo Bors  -  05/25 10:25:02 am EDT
130.70 NOK   -4.95%
12:31aEx dividend NOK 4.50 today
AQ
05/25AUSTEVOLL SEAFOOD ASA : Ex-dividend day for final dividend
FA
05/24Ordinary General Meeting held in Austevoll Seafood ASA
AQ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

European salmon sales to China slowly recovering after virus scare

07/13/2020 | 04:51am EDT
FILE PHOTO: Frozen seafood products made from imported salmon are seen at a Carrefour supermarket in Beijing

European exports of farmed salmon to China are gradually restarting after a temporary halt due to a coronavirus scare, two exporters and Norway's seafood marketing organisation said on Monday.

Many Chinese buyers halted imports of salmon and the fish was removed from supermarket shelves after the novel coronavirus was found on a chopping board used to cut salmon at a large food market in Beijing last month.

Officials in China and Norway, one of the world's top farmed salmon exporters, later concluded that imported salmon wasn't the source of the contamination.

"Salmon exports to China are resuming, but Beijing is still under lockdown," Regin Jacobsen, CEO of Faore Islands-based Bakkafrost, told Reuters.

Another major Nordic salmon producer also said exports had resumed, but that volumes were not increasing as quickly as after a previous halt at the start of the year due to coronavirus lockdowns in China.

The Norwegian Seafood Council said Norway exported 119 tonnes of fresh salmon to China in the first week of July, down 76% from the same week a year ago, but up from 58 tonnes the previous week.

"So it is gradually going up again, and this is the same tendency as we saw in February," Paul Aandahl, seafood analyst at the organisation, told Reuters.

It took about eight weeks for export volumes to return to normal levels after exports to China were first disrupted by lockdowns, he added.

China began testing imported fresh and frozen food after the discovery of the virus at the Beijing market, and last Friday suspended imports from three Ecuadorean shrimp producers, saying it had detected coronavirus in recent shipments.

(Reporting by Nerijus Adomaitis and Victoria Klesty; Editing by Mark Potter)


ę Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
AUSTEVOLL SEAFOOD ASA -4.95% 130.7 Real-time Quote.29.23%
LERØY SEAFOOD GROUP ASA -0.66% 74.95 Real-time Quote.9.41%
MOWI ASA 0.20% 248.3 Real-time Quote.18.74%
P/F BAKKAFROST -1.10% 632 Real-time Quote.9.49%
SALMAR ASA -0.28% 720.5 Real-time Quote.18.83%
All news about AUSTEVOLL SEAFOOD ASA
12:31aEx dividend NOK 4.50 today
AQ
05/25AUSTEVOLL SEAFOOD ASA : Ex-dividend day for final dividend
FA
05/24Ordinary General Meeting held in Austevoll Seafood ASA
AQ
05/24Austevoll Seafood ASA Approves Dividend, Payable on 9 June 2022
CI
05/13Austevoll Seafood ASA Reports Earnings Results for the First Quarter Ended March 31, 20..
CI
05/13TRANSCRIPT : Austevoll Seafood ASA, Q1 2022 Pre Recorded Earnings Call, May 13, 2022
CI
05/03Notice of Ordinary General Meeting of Austevoll Seafood ASA
AQ
04/29Annual Report 2021 for Austevoll Seafood ASA
AQ
04/22AUSTEVOLL SEAFOOD : Board approval of final accounts 2021
PU
04/22Austevoll Seafood ASA Proposes Cash Dividend, Payable on June 9, 2022
CI
More news
Financials
Sales 2021 26 588 M 2 772 M 2 772 M
Net income 2021 1 808 M 188 M 188 M
Net Debt 2021 5 132 M 535 M 535 M
P/E ratio 2021 15,5x
Yield 2021 2,76%
Capitalization 27 751 M 2 893 M 2 893 M
EV / Sales 2021 1,24x
EV / Sales 2022 0,96x
Nbr of Employees 6 342
Free-Float 41,5%
Chart AUSTEVOLL SEAFOOD ASA
Duration : Period :
Austevoll Seafood ASA Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends AUSTEVOLL SEAFOOD ASA
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 5
Last Close Price 137,50 NOK
Average target price 154,40 NOK
Spread / Average Target 12,3%
EPS Revisions
Managers and Directors
Arne M°gster President & Chief Executive Officer
Britt Kathrine Drivenes Chief Financial Officer
Helge Singelstad Chairman
Siren Merete Gr°nhaug Independent Director
Helge Arvid M°gster Director
Sector and Competitors
1st jan.Capi. (M$)
AUSTEVOLL SEAFOOD ASA29.23%2 893
MOWI ASA18.74%13 357
SALMAR ASA18.83%8 864
LERØY SEAFOOD GROUP ASA9.41%4 683
THAI UNION GROUP PUBLIC COMPANY LIMITED-15.90%2 237
NIPPON SUISAN KAISHA, LTD.-3.31%1 291