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Marine Harvest ASA (MHG.OL)

MHG.OL on Oslo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Marine Harvest Q4 EBIT, output beat forecast
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - Marine Harvest Asa ::MARINE HARVEST Q4 OPERATIONAL EBIT EUR ‍177​ MILLION (REUTERS POLL EUR 172 MILLION) (EUR 259 MILLION IN Q4 2016).MARINE HARVEST Q4 HARVEST VOLUME ‍113.0​ THOUSAND TONNES (REUTERS POLL 111,000 TONNES, COMPANY GUIDANCE 111,000 TONNES).‍NET INTEREST BEARING DEBT (NIBD) WAS APPROXIMATELY EUR 835 MILLION AT END OF QUARTER​.‍COMPLETE Q4 2017 REPORT WILL BE RELEASED ON 14 FEBRUARY AT 06:30 CET​.‍OPERATIONAL EBIT PER KG NORWAY EUR 1.75​.‍OPERATIONAL EBIT PER KG SCOTLAND EUR 1.20​.‍OPERATIONAL EBIT PER KG CANADA EUR 1.00​.‍OPERATIONAL EBIT PER KG CHILE EUR 1.00​.‍OPERATIONAL EBIT PER KG IRELAND EUR 2.75​.‍OPERATIONAL EBIT PER KG FAROES EUR 3.00​.  Full Article

Marine Harvest: Blackrock sells 1.9 million shares‍​
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - Marine Harvest Asa ::MARINE HARVEST ASA: BLACKROCK SELLS 1.9 MILLION SHARES ON JAN 10.BLACKROCK OWNS 22.54 MLN SHARES AFTER SALE, EQUAL TO 4.6 PCT‍​.  Full Article

Marine Harvest Enters Into Share Purchase Agreement To Purchase Northern Harvest
Friday, 22 Dec 2017 

Dec 22 (Reuters) - Marine Harvest Asa ::MARINE HARVEST ENTERS INTO A SHARE PURCHASE AGREEMENT TO PURCHASE NORTHERN HARVEST, A SALMON FARMER ON THE EAST COAST OF CANADA.‍ACQUISITION PRICE ON A CASH AND DEBT FREE BASIS IS CAD 315 MILLION​.  Full Article

Fish disease ISA confirmed at Rauma Stamfisk -regulator
Monday, 18 Dec 2017 

Dec 18 (Reuters) - NORWAY'S FOOD SAFETY AUTHORITY::CONFIRMS ISA SALMON DISEASE FOUND AT RAUMA STAMFISK.  Full Article

Fish farmer Marine Harvest replaces one board member
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - Marine Harvest Asa ::‍NOMINATION COMMITTEE HAS BEEN INFORMED THAT BOARD MEMBER ØRJAN SVANEVIK WANTS TO STEP DOWN. IT IS NOMINATION COMMITTEE'S RECOMMENDATION TO EXTRAORDINARY GENERAL MEETING THAT KRISTIAN MELHUUS IS ELECTED AS A NEW BOARD MEMBER​.  Full Article

Leroy Seafood CEO says salmon price rebounding from lows
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Leroy Seafood Group Asa :CEO Henning Beltestad says spot price for Norwegian farmed salmon sharply rebounding in current week from recent fall.CEO says salmon prices and volumes likely to be less volatile in 2018 versus 2017.  Full Article

Marine Harvest cuts 2017 salmon output forecast, predicts strong demand
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Marine Harvest Asa :q3 operational ebit eur ‍194​ million (reuters poll eur 191 million).quarterly dividend of nok ‍3.40​ per share (reuters poll nok 3.09).q3 revenue eur ‍868​ million (reuters poll eur 908 million).q3 harvest volume ‍95,338​ thousand tonnes (reuters poll 95,500 tonnes).sees 2017 harvest of ‍369​,000 tonnes versus previous guidance of 377,000 tonnes (reuters poll 372,000 tonnes).‍harvest guidance for 2017 has been reduced to 369,000 tonnes because of biological issues in norway.sees 2018 harvest of 410‍​,000 tonnes (Reuters poll 412,000).Sees strong demand and modest supply growth expected going forward‍​​.‍pleased to see that our value-added production continues its improvements in a challenging quarter​.‍driven by high salmon prices on strong demand and improved contributions from our sales contracts, we achieved record high operational results in q3​.‍continues to have utmost focus on cost reduction throughout organization​.sees 2017 global industry supply growth at 4-6 percent versus previous outlook of 3-5 percent.sees 2018 global industry supply growth at 4-9 percent.says analysts kontali predict 3 percent global growth in salmon supply in 2019.sees 2017 norway harvest of 210‍​,000 tonnes versus previous guidance of 217,000 tonnes (reuters poll 213,000 tonnes).sees 2018 norway harvest of 249‍​,000 tonnes.  Full Article

Marine Harvest Q3 earnings beat forecast despite lag in output
Monday, 16 Oct 2017 

Oct 16 (Reuters) - Marine Harvest Asa :Q3 operational ebit EUR ‍191​ million (reuters poll EUR 189 million).Q3 harvest volume ‍95,500 tonnes (reuters poll 101,000 tonnes).‍reported net interest bearing debt (nibd) was approximately EUR 665 million at end of quarter​.‍Zomplete q3 2017 report will be released on Nov 1 at 06:30 CET​.  Full Article

Marine Harvest cuts 2017 output guidance more than expected
Thursday, 24 Aug 2017 

Aug 24 (Reuters) - Marine Harvest Asa :q2 operational ebit eur 198 million versus preliminary eur 196 million reported on july 14.proposes quarterly dividend of nok 3.20 per share.q2 revenue eur 884 million (reuters poll eur 858 million).sees 2017 harvest of 377,000 tonnes versus previous guidance of 403,000 tonnes (reuters poll 394,000 tonnes).sees 2017 norway harvest of 217,000 tonnes versus previous guidance of 242,000 tonnes (reuters poll 234,000 tonnes).sees 2017 global industry supply growth at 3 to 5 percent versus previous outlook of 1 to 5 percent.Says kontali estimates global supply growth of 7 percent in 2018.2017 volume guidance reduced by 26,000 tonnes to 377,000 tonnes as a result of biological issues in Norway.  Full Article

Marine Harvest signs EUR 1,206 mln credit facility
Friday, 9 Jun 2017 

June 9 (Reuters) - Marine Harvest Asa ::Has signed the senior secured five-year EUR 1,206 million.multicurrency revolving credit facility with DNB,.Nordea, ABN Amro, Rabobank, Danske Bank and SEB..The Facility Agreement includes an accordion increase option, which provides flexibility for the parties to.agree an increased size of the Facility Agreement by an additional EUR 200 million during the five-year term.The principal financial covenant of the Facility Agreement is an equity ratio of minimum 35% and remains unchanged to.the existing bank loan..  Full Article

Salmon price rose to NOK 54.14 per kilo last week -Nasdaq Salmon Index

OSLO, Feb 20 The spot price for farmed salmon rose by 2.75 Norwegian crowns to an average of 54.14 Norwegian crowns ($6.91) per kilo last week, according to statistics from the Nasdaq Salmon Index.