Austevoll Seafood ASA (GB:0DNW) has released an update.
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Austevoll Seafood ASA reports a robust increase in Q2 2024 revenues to MNOK 9,878, up from MNOK 8,452 in Q2 2023, driven by significant gains from share sales and a strong season for Austral Group in Peru. Adjusted EBITDA has more than doubled to MNOK 3,058, and the company shows a resilient performance with a post-tax profit of MNOK 2,172, a turnaround from the MNOK -1,139 loss in the previous year. Despite new ground rent taxes, the company’s financials indicate solid growth and improved liquidity.
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