Salmon Evolution Reports Record Profits in Q2-24
Company Announcements

Salmon Evolution Reports Record Profits in Q2-24

Salmon Evolution ASA (DE:60E) has released an update.

Salmon Evolution ASA celebrates a strong second quarter in 2024, with operating revenues of NOK 170.5 million, a robust group EBITDA of NOK 45.4 million, and a significant cash flow from operations at NOK 37.5 million. The success is attributed to a record harvest of 1,581 tonnes HOG, excellent price realization, and positive cost development. The CEO applauds the company’s efficient and profitable operations and looks forward to continued growth with the successful completion of phase 2 financing.

For further insights into DE:60E stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks European Auto-Generated NewsdeskSalmon Evolution Grants Millions in Share Options
Brian AndersonIs 60E a Buy, Before Earnings?
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App