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Austevoll Seafood Sees Revenue Boost in Q3 2024
Company Announcements

Austevoll Seafood Sees Revenue Boost in Q3 2024

Austevoll Seafood ASA (GB:0DNW) has released an update.

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Austevoll Seafood ASA reported a significant increase in revenue and earnings for the third quarter of 2024, driven by strong sales volumes from the Austral Group and a successful fishing season in Peru. Despite challenges from declining salmon and trout prices affecting LSG earnings, the company saw improvements in operating profit and profit after tax. The introduction of a new resource rent tax in Norway has impacted the overall tax rate for salmon and trout production.

For further insights into GB:0DNW stock, check out TipRanks’ Stock Analysis page.

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