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Austevoll Seafood ASA Reports Strong Q4 2024 Performance Amid New Tax Challenges

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Austevoll Seafood ASA Reports Strong Q4 2024 Performance Amid New Tax Challenges

The latest announcement is out from Austevoll Seafood ASA ( (GB:0DNW) ).

Austevoll Seafood ASA reported a notable increase in revenues and earnings for the fourth quarter of 2024, driven by strong operations in Peru and Chile. The company faced a new resource rent tax on salmon and trout production, impacting its tax strategy and financial reporting, but it continues to show resilience in its operations.

More about Austevoll Seafood ASA

Austevoll Seafood ASA operates in the seafood industry, focusing on the production and sale of seafood products. The company is involved in various segments, including salmon and trout farming, and has significant operations in Norway, Chile, and Peru.

YTD Price Performance: 10.80%

Average Trading Volume: 5,111

Technical Sentiment Consensus Rating: Sell

Current Market Cap: NOK21.76B

For a thorough assessment of 0DNW stock, go to TipRanks’ Stock Analysis page.

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