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Norway Royal Salmon ASA (NRSM.OL)

NRSM.OL on Oslo Stock Exchange

195.00NOK
19 Sep 2018
Change (% chg)

kr-3.60 (-1.81%)
Prev Close
kr198.60
Open
kr199.00
Day's High
kr199.80
Day's Low
kr194.60
Volume
93,623
Avg. Vol
99,466
52-wk High
kr222.50
52-wk Low
kr121.15

Latest Key Developments (Source: Significant Developments)

Norway Royal Salmon chairman buys more shares
Friday, 20 Jul 2018 

July 20 (Reuters) - Norway Royal Salmon ASA ::CHAIR OF BOARD OF DIRECTORS IN NORWAY ROYAL SALMON ASA ("NRS"), HELGE GÅSØ, HAS TODAY THROUGH GÅSØ NÆRINGSUTVIKLING AS EXTENDED A TRS (TOTAL RETURN SWAP) AGREEMENT WITH EXPOSURE TO 250,000 SHARES IN NRS TO 18 JANUARY 2019.IN ADDITION, GÅSØ NÆRINGSUTVIKLING AS HAS ENTERED INTO AN AGREEMENT WITH CONTRACTUAL RIGHT TO ACQUIRE 250,000 SHARES IN NRS AT NOK 192.18 PER SHARE.FOLLOWING THIS EXTENSION, GÅSØ NÆRINGSUTVIKLING AS HOLDS AND HAS CONTRACTUAL RIGHTS TO 7,079,605 SHARES IN NRS, CONSTITUTING 16.25 PERCENT OF ISSUED SHARE CAPITAL..  Full Article

Norway Royal Salmon's Q1 operating profit in line, sees good outlook ahead
Tuesday, 8 May 2018 

May 8 (Reuters) - Norway Royal Salmon ASA ::NORWAY ROYAL SALMON Q1 OPERATIONAL EBIT NOK 193 MILLION (REUTERS POLL NOK 195 MILLION).NORWAY ROYAL SALMON Q1 HARVEST VOLUME OF 10,935 TONNES (REUTERS POLL 9,500 TONNES).NORWAY ROYAL SALMON Q1 REVENUES NOK 1.4 BILLION (NOK REUTERS POLL 1.19 BILLION).SAYS EXPECTS 2018 HARVEST VOLUME 40,000 TONNES (REUTERS POLL 40,025) VS FEB GUIDANCE 42,500 TONNES.SAYS FOR REMAINING QUARTERS OF 2018, 3 590 TONNES ARE HEDGED AT A NASDAQ EQUIVALENT PRICE OF AROUND NOK 58.50 PER KG.SAYS WE EXPECT GLOBAL HARVEST VOLUMES TO DECREASE FROM THE FIRST QUARTER 2018 LEVEL COMPARED WITH THE SAME PERIOD THE YEAR BEFORE..SAYS TOGETHER WITH GOOD DEMAND FOR SALMON, THIS PROVIDE THE BASIS FOR A CONTINUED POSITIVE MARKET OUTLOOK FOR THE INDUSTRY..  Full Article

Norway Royal Salmon sold some of its 2018 output at near NOK 60/kilo -CFO
Tuesday, 13 Feb 2018 

Feb 13 (Reuters) - Norway Royal Salmon CFO Ola Loe said on Tuesday::NORWAY ROYAL SALMON HAS SOLD NEARLY 2,000 TONNES OF ITS 2018 SALMON OUTPUT ON CONTRACTS, WITH PRICE CLOSE TO NOK 60/KILO .  Full Article

Norway Royal Salmon suspects further ISA outbreak
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - Norway Royal Salmon Asa :‍farming operations in region north has suspicion of fish disease ISA at pollen site and at lille kvalfjord site in finnmark, which are neighboring sites to and have joint operations with store kvalfjord site​.‍in total in operating area, including store kvalfjord, there are 1.4 million fish with an average weight of about 3 kilograms​.‍has received confirmation of ISA at store kvalfjord site. Is awaiting confirmation of analyzes from analysis company for a final ascertainment of isa at pollen and lille kvalfjord sites​.has begun extraction of fish from operating area. Consequences of a possible disease detection are still difficult to estimate, and we will come back to consequences​.  Full Article

Norway Royal Salmon Q3 EBIT lags slightly, cuts 2017 harvest guidance
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Norway Royal Salmon Asa :Norway royal salmon q3 operational ebit nok ‍192​ million (Reuters poll nok 196 million).Norway royal salmon q3 harvest volume of ‍10,454​ tonnes (reuters poll 9,200 tonnes).Norway royal salmon expects 2017 harvest volume of ‍32,500​ tonnes versus previous guidance 34,000 (reuters poll 33,900).‍estimated harvest volume is 43,000 tonnes for 2018​.‍has a strong focus on growth and utilization of our production capacity and expects as good as full utilisation of group's mab in q4​.Norway royal salmon q3 revenues nok 1.36 billion (Reuters poll 1.13 billion).  Full Article

Norway Royal Salmon Q4 earnings miss forecast, dividend ahead
Tuesday, 14 Feb 2017 

Norway Royal Salmon Asa : Q4 operational ebit nok 101 million (Reuters poll nok 112 million) . q4 revenues nok 1.18 billion (nok Reuters poll 1.19 billion) . proposes nok 9.50 per share in dividend for 2016 (reuters poll mok 6.51) . expects 2017 harvest volume of 34,000 tonnes (versus previous guidance 34,000 tonnes) . The farming operations has hedged prices for 8 112 tonnes for 2017 to a nasdaq-equivalent price of above nok 69.00 per kg . Norway royal salmon expects global decline in volume to continue through q1 of 2017. In the first quarter a reduction between 7 and 11 per cent is expected globally. In the next 3 quarters a global growth between 4 and 8 percent is expected . For 2017 we expect an increase in supply to global market of 1 to 3 per cent. This provides basis for a positive market outlook for 2017 .Harvested volume for the quarter was 4 692 tonnes, because of better than expected production, this was 192 tonnes more than estimated at the end of the last quarter.  Full Article

UPDATE 1-Norwegian salmon price seen falling 3-5 crowns per kilo next week

OSLO, Sept 14 The price of Norwegian farmed salmon is expected to fall by 3-5 Norwegian crowns ($0.4-0.6) to a range of 53 to 55 crowns per kilo next week for delivery in Oslo, two industry sources told Reuters on Friday.