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Grieg Seafood Reports Improved Financials in 2024 Annual Report

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Grieg Seafood Reports Improved Financials in 2024 Annual Report

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Grieg Seafood ASA ( (GRGSF) ) has shared an announcement.

Grieg Seafood ASA published its Integrated Annual Report for 2024, revealing a net loss of NOK 2,451 million, an improvement from the previously reported NOK 2,651 million due to changes in asset impairment and tax expenses. This adjustment led to an increase in equity from NOK 3,851 million to NOK 4,052 million, reflecting a positive financial shift for the company.

More about Grieg Seafood ASA

Grieg Seafood ASA is one of the world’s leading salmon farmers with operations in Norway and Canada. The company is headquartered in Bergen, Norway, and focuses on sustainable farming practices to minimize environmental impact and ensure fish welfare.

YTD Price Performance: 5.86%

Average Trading Volume: 1,900

Technical Sentiment Signal: Buy

Current Market Cap: $646.7M

For an in-depth examination of GRGSF stock, go to TipRanks’ Stock Analysis page.

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