Bakkafrost

BAKKA

FO0000000179

Fishing & Farming

Market Closed - Oslo Bors Other stock markets 10:45:00 2024-04-29 am EDT			5-day change	1st Jan Change
672.5 ^NOK	+1.59%		+4.26%	+26.41%

Apr. 03	P/F Bakkafrost Announces Sales Results for the First Quarter of 2024	CI
Feb. 20	P/F Bakkafrost Announces Sales Results for the Fourth Quarter and Full Year of 2023	CI

Q1 2024 Trading Update

April 03, 2024 at 11:06 am EDT

In Q1 2024 the harvest volumes for Bakkafrost's operation in the Faroe Islands and Scotland were:

Faroe Islands: 14.3 thousand tonnes

Farming North 4.6 thousand tonnes
Farming West 7.5 thousand tonnes
Farming South 2.2 thousand tonnes

Scotland: 7.3 thousand tonnes

North 4.0 thousand tonnes
South 3.3 thousand tonnes

All harvest volumes are provided in head on gutted (HOG) equivalents.

Feed sales in Q1 2024 were 27.0 thousand tonnes. Havsbrún sourced 136.9 thousand tonnes of raw materials in Q1 2024.

The full Q1 2024 report will be released on 6 May 2024 at 06:00 CET.

Contacts:

Regin Jacobsen, CEO of P/F Bakkafrost: +298 23 50 01 (mobile)
Høgni Dahl Jakobsen, CFO of P/F Bakkafrost: +298 23 50 60 (mobile)

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

https://news.cision.com/bakkafrost/r/q1-2024-trading-update,c3956047

Latest news about Bakkafrost

P/F Bakkafrost Announces Sales Results for the First Quarter of 2024	Apr. 03	CI
P/F Bakkafrost Announces Sales Results for the Fourth Quarter and Full Year of 2023	Feb. 20	CI
P/F Bakkafrost Reports Production Results for the Fourth Quarter and Full Year of 2023	Feb. 20	CI
Transcript : P/F Bakkafrost, Q4 2023 Earnings Call, Feb 20, 2024	Feb. 20
P/F Bakkafrost Proposes Cash Dividend, Payable on or Around 21 May 2024	Feb. 20	CI
P/F Bakkafrost Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 18	CI
Transcript : P/F Bakkafrost, Q3 2023 Earnings Call, Nov 07, 2023	Nov. 07
P/F Bakkafrost Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 06	CI
P/F Bakkafrost Reports Sales Results for the Third Quarter 2023	23-10-03	CI
P/F Bakkafrost Reports Production Results for the Third Quarter 2023	23-10-03	CI
P/F Bakkafrost Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-22	CI
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Transcript : P/F Bakkafrost, Q2 2023 Earnings Call, Aug 22, 2023	23-08-22
P/F Bakkafrost Reports Total Harvest for the Second Quarter 2023	23-07-04	CI
Transcript : P/F Bakkafrost - Analyst/Investor Day	23-06-06
P/F Bakkafrost Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-09	CI
Transcript : P/F Bakkafrost, Q1 2023 Earnings Call, May 09, 2023	23-05-09
P/F Bakkafrost Announces Production Results for the First Quarter of 2023	23-04-04	CI
P/F Bakkafrost Reports Sales Results for the First Quarter of 2023	23-04-04	CI
Transcript : P/F Bakkafrost, Q4 2022 Earnings Call, Feb 21, 2023	23-02-21
P/F Bakkafrost Proposes Dividend, Payable on or Around 22 May 2023	23-02-20	CI
P/F Bakkafrost Reports Production Results for the Fourth Quarter and Full Year of 2022	23-02-20	CI
P/F Bakkafrost Reports Earnings Results for the Full Year Ended December 31, 2022	23-02-20	CI
P/F Bakkafrost Reports Earnings Results for the Fourth Quarter Ended December 31, 2022	23-02-20	CI

P/F Bakkafrost is a Faroe Islands-based salmon producer that offers a wide range of healthy and nutritious salmon products from its own facilities. The Companyâs product portfolio includes fresh whole salmon, fresh salmon fillets, frozen salmon fillets, frozen retail-box salmon burgers, frozen smoked salmon, as well as salmon skin. P/F Bakkafrostâs activities are divided into four segments: Farming Segment - Faroe Islands (FO), Farming Segment - Scotland (STC), Value Added Products (VAP) Segment and Fishmeal, -Oil and Feed (FOF) Segment. The Company has several subsidiaries, including Bakkafrost Danmark ApS, Scottish Salmon Company Ltd, Bakkafrost Packaging P/F and Bakkafrost Processing P/F.

Sector

Fishing & Farming

Calendar

2024-04-30 - Annual General Meeting

Related indices

STOXX EUROPE 600 (EUR)

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Mean consensus

OUTPERFORM

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418.6 DKK

Average target price

434.6 DKK

Spread / Average Target

+3.82%

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Sector Aquaculture

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MÅSØVAL	+19.23%	353M

Aquaculture

Bakkafrost

Equities

BAKKA

FO0000000179

Fishing & Farming

Q1 2024 Trading Update

Latest news about Bakkafrost

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Sector Aquaculture