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Austevoll Seafood ASA ( (GB:0DNW) ) has issued an announcement.
Austevoll Seafood ASA reported a revenue increase to NOK 9,808 million in Q1 2025, driven by its subsidiaries LSG and Austral. Despite this growth, the company faced a significant loss before tax of NOK 610 million due to a negative biomass adjustment, impacted by new tax regulations in Norway. The result after tax was a loss of NOK 195 million, highlighting challenges in the current market environment.
The most recent analyst rating on (GB:0DNW) stock is a Sell with a NOK82.00 price target. To see the full list of analyst forecasts on Austevoll Seafood ASA stock, see the GB:0DNW Stock Forecast page.
More about Austevoll Seafood ASA
Austevoll Seafood ASA operates in the seafood industry, focusing on aquaculture and fisheries. The company is involved in the production, processing, and sale of seafood products, with significant operations through its subsidiaries LSG and Austral.
Average Trading Volume: 118,118
Current Market Cap: NOK19.09B
Learn more about 0DNW stock on TipRanks’ Stock Analysis page.