Marine Harvest achieved an operating profit of €191m in Q3

Marine Harvest today published its Q3 trading update.

The company’s operational EBIT (earnings before interest & tax) was approximately €191m in the quarter. The result was expected to be €189m. 

Marine Harvest slaughtered 95,500 tonnes of salmon in the quarter. The slaughter distribution was as follows:

  • Norway 55.500 tonnes
  • Chile 14.000 tonnes
  • Scotland 11,000 tonnes
  • Canada 11,000 tonnes
  • Ireland 3,000 tonnes
  • Faroe Islands 1,000 tons

Marine Harvest also announced the following earnings per kilo (in euro) per production region:

  • Norway €2.25
  • Scotland €2.30
  • Canada €1.70
  • Chile €1.20
  • Ireland €3.20
  • Faroe Islands €2.25

Reported net interest-bearing debt (NIBD) was approximately €665m at the end of the quarter.

The complete Q3 2017 report will be released on November 1.


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