Mundo: Salmon Evolution ASA: Results for Q3 2023

(Información remitida por la empresa firmante)

OSLO, Norway, Nov. 15, 2023 /PRNewswire/ —

Highlights in the quarter:

Strong biological performance. Standing biomass of 2,100 tonnes per 30 September, up from 1,047 tonnes per 30 June 2023.

All–time high biomass production with 1,290 tonnes in net biomass growth.

Quarterly run-rate net biomass growth of 1,600 – 1,700 tonnes end of September, about 70-75 % of steady-state levels.

Parts of batch 3 harvested in September yielding 185 tonnes HOG with 96 % superior share, tight weight concentration and good price realization. Expecting significant ramp up of harvest volumes in Q4.

On track for production cost on par with conventional farming

Batch 8 stocked end August and batch 9 end October bringing farm to steady-state number of individuals of 1.5-1.6 million.

Available liquidity of NOK 705 million per 30 September 2023 including committed available undrawn credit facilities.

Q4 harvest expectation 1,000 – 1,200 tonnes (HOG).

Results presentation:

CEO Trond Håkon Schaug-Pettersen and CFO Trond Vadset Veibust will present the results for the third quarter at Hotel Continental in Oslo, Wednesday 15 November 202308:00 CET.

Participants may also follow the presentation and submit questions through a live webcast available on www.salmonevolution.no, or with the following link: https://events.webcast.no/salmon-evolution/OEpmPDaoyhi5siPjdg0b/YpjX2kRpv5cFisuvNmU6

The presentation and Q&A will be held in English.

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

For further information, please contact:

Trond Håkon Schaug-Pettersen, CEO

thsp@salmone.no

+47 91 19 13 27

Trond Vadset Veibust, CFO

tvv@salmone.no

+47 48 09 05 95

The following files are available for download:

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