Highlights: o Sales revenues came in at 12.73 NOKm this quarter compared to 2.35 NOKm same period last year. The 441% YoY improvement was to a large extent related to the Hotel, Restaurants and Catering (HoReCa) market being mainly closed last year. However, seeing a noticeably improvement during the quarter we remain confident that the halibut market will normalize during the second half of 2021 as our main marketsNorway ,UK and US, reopens. o Harvest volumes in second quarter 2021 was 117.0 tonnes HOG vs 21.0 tonnes HOG in 2Q20 (+458% YoY). Nordic Halibut still expect a total harvest of 425 tonnes HOG in 2021. o The company achieved a price in 2Q ofNOK 108.6 vs.NOK 109.8 in 2Q20 which was more or less unchanged YoY (-1%). o This quarters result after tax was -17.66 NOKm vs. -16.21 NOKm in 2Q20. o The company raised 115 NOKm in new equity and was successfully listed on Euronext Growth Oslo 26th of April. The rationale behind the capital raise was to fund the company's business plan, which is; (i) to grow harvest volumes in two phases: to 4500 tonnes in 2026 and 9000 tonnes in 2030 (HOG) and (ii) to add value-added products to the portfolio. oAtle Jacobsen was hired as Chief Commercial Officer in April and he will be responsible for all market activities, including the development of the future VAP products. For more information, please contact: CEOEdvard Henden , edvard.henden@nordichalibut.no, +47 91 14 11 65 CFOOdd Weidel , odd.weidel@nordichalibut.no, +47 90 68 59 20 About Nordic Halibut:Nordic Halibut AS is a company based inWestern Norway and with headquarters in Averøy, Nordmøre. The Company is a leading farmer ofAtlantic halibut and has a fully integrated value chain from genetics to sales. Due to the significant breakthrough in early phase production the company is currently implementing a growth plan to expand production volumes considerably. Nordic Halibut will create shareholder value by pursuing value accretive organic growth through increased production.
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