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SalMar – Q3 2025 Trading update
Globenewswire· 2025-10-07 16:00
Consolidated Harvest Volumes - Total consolidated harvest volumes for Q3 2025 amount to 93.2 thousand tonnes gutted weight [1] - Breakdown of harvest volumes includes: - Farming Central Norway: 47.0 thousand tonnes - Farming Northern Norway: 42.5 thousand tonnes - SalMar Ocean: 0 thousand tonnes - Icelandic Salmon: 3.8 thousand tonnes [1] Upcoming Report and Presentation - The Q3 2025 report is scheduled for release on Thursday, 6 November at 06:30 CET [1] - A presentation will follow, available through Norwegian webcast at 08:00 CET and English webcast (recording) at 10:00 CET [1]
SalemNOW Premieres “Prescription to Kill,” a New True Crime Series Hosted by Kevin Sorbo
Globenewswire· 2025-10-02 17:57
Core Insights - Salem Media Group's streaming service SalemNOW has launched a new true crime docuseries titled "Prescription to Kill," hosted by Kevin Sorbo, focusing on the connection between prescription medications and acts of violence [1][6] - The series is based on a two-year legal battle that revealed FDA reports linking psychotropic drugs to homicides, including school shootings [3][4] - The release of "Prescription to Kill" comes at a time when the U.S. is facing a rise in targeted violence, prompting discussions about the role of psychiatric medications in these incidents [4][6] Company Overview - Salem Media Group is a leading multimedia company in the U.S. that specializes in Christian and conservative content, reaching millions through various platforms [9] - SalemNOW is positioned as a premier streaming platform for conservative and Christian content, featuring a range of films, docuseries, and original programming [8] Series Details - "Prescription to Kill" is a multi-episode investigative series directed by Andrew Thibault and produced by High Speed Films, LLC [2][7] - The series combines authentic footage, expert testimony, and previously unreleased FDA records to explore the potential link between psychotropic medications and mass violence [4][6]
Salem Media Group Promotes Linnae Young and Jamie Cohen to Senior Leadership Roles
Globenewswire· 2025-09-25 16:02
Core Insights - Salem Media Group has announced two key promotions to enhance its digital growth and internal talent development [1][4] - Linnae Young has been promoted to Chief Revenue Officer, bringing 27 years of experience within the company [2][3] - Jamie Cohen has been promoted to Chief Digital Officer, a newly created role aimed at unifying digital operations [3][4] Group 1: Promotions and Leadership - Linnae Young's promotion reflects her proven ability to build teams and revenue streams, essential for Salem's growth strategy [3] - Jamie Cohen's new role as Chief Digital Officer is designed to consolidate all digital assets under a unified strategy, showcasing his success in scaling a $6 million business to over $40 million [4] - The promotions signify Salem's commitment to advancing talent from within and fostering innovation [4] Group 2: Company Overview - Salem Media Group specializes in Christian and conservative content, reaching millions daily through various media platforms [5] - The company aims to lead in the digital marketplace as a fully integrated media company under the new leadership [4]
SalMar - Issuance of Commercial Papers
Globenewswire· 2025-09-11 06:45
Company Overview - SalMar ASA is one of the world's largest and most efficient producers of salmon [1] - The company has farming operations in Central Norway, Northern Norway, and Iceland, along with substantial harvesting and secondary processing operations [2] - SalMar operates within offshore aquaculture through SalMar Ocean and owns 50% of Scottish Sea Farms Ltd [2] Financial Instruments - SalMar has issued two new commercial papers, each with a nominal amount of NOK 650,000,000 [1] - The commercial papers have an issue date of 15 September 2025 and a maturity date of 15 September 2026 [1] - The commercial paper with a floating rate has a coupon of 3-month NIBOR + 50 basis points, while the fixed-rate paper has a coupon of 4.58% per annum [3]
Salem Media Statement on the Assassination of Charlie Kirk
Globenewswire· 2025-09-10 22:06
Core Viewpoint - Salem Media Group expresses profound sorrow over the assassination of Charlie Kirk, highlighting the attack as a cowardly act aimed at silencing a prominent Christian conservative voice [1][2]. Company Response - Salem Media Group extends heartfelt condolences to Charlie Kirk's family, friends, and the millions affected by this loss, urging believers to join in prayer for comfort and strength [4]. - The CEO of Salem Media, David Santrella, emphasizes that the assassination represents an attack on free speech and the values that Kirk championed, asserting that his legacy will continue to inspire future generations [3]. Industry Context - Salem Media Group is recognized as America's premier multimedia company specializing in Christian and conservative content, reaching millions daily through its national radio network, digital platforms, and publishing brands [5].
SalMar - Share buyback program has been completed
Globenewswire· 2025-08-25 16:19
Group 1 - SalMar ASA has completed its share buyback program, purchasing a total of 100,000 shares, which represents 0.07% of the company's total shares, for a total amount of NOK 49,588,662 [2][3] - The average price paid per share during the buyback was NOK 495.8866, with transactions occurring between 22 August 2025 and 25 August 2025 [2][3] - Following the buyback, SalMar now holds a total of 214,554 own shares, equating to approximately 0.16% of the total shares in the company [2] Group 2 - The share buyback program was initially announced on 21 August 2025, with a total budget of up to NOK 65 million, and was set to run until no later than 30 September 2025 [1] - The transactions under the buyback program included an aggregate volume of 60,000 shares on 22 August 2025 and 40,000 shares on 25 August 2025, with respective weighted average prices of NOK 494.1687 and NOK 498.4635 [3] - An overview of all transactions made under the share buyback program is available on the company's website [3][4]
SalMar - Initiation of share buyback program
Globenewswire· 2025-08-21 04:35
Core Viewpoint - SalMar ASA has announced a share buyback program aimed at facilitating the delivery of shares to employees as part of its share-based incentive programs [1][2]. Group 1: Share Buyback Program Details - The share buyback program will start on 21 August 2025 and conclude no later than 30 September 2025 [2]. - The program allows for the purchase of up to 100,000 shares, with a maximum expenditure of NOK 65 million [2]. - DNB Carnegie has been appointed to manage the share repurchases, making trading decisions independently of SalMar [3]. Group 2: Regulatory Compliance - The share buyback will be conducted in accordance with Regulation (EU) No 596/2014 and Commission Delegated Regulation (EU) No 2016/1052 [3]. - The company retains the right to modify the terms of the program and will announce any changes accordingly [4].
SalMar - Strong biological development throughout the quarter
Globenewswire· 2025-08-21 04:30
Core Insights - The company is optimistic about biological development in Q2 2025, which is expected to lead to increased volume and positive cost development in the latter half of the year [1] - The merger with Wilsgård AS enhances SalMar's presence in Norway and strengthens its operational capabilities [2][3] - SalMar has issued NOK 2 billion in new green bonds to support sustainable development and improve capital access [3] - The company has increased its volume guidance for 2025, anticipating a total harvest of 298,000 tonnes, an 18% increase compared to 2024 [5] - Despite lower salmon prices in the first half of 2025, strong demand for SalMar's products continues, with expectations of lower global supply growth in the second half [6] Financial Performance - Q2 2025 operational EBIT for Norway was NOK 696 million, with a harvest volume of 54,500 tonnes and EBIT per kg of NOK 12.8 [8] - Group operational EBIT for Q2 2025 was NOK 524 million, with a total harvest volume of 64,500 tonnes and EBIT per kg of NOK 8.1 [8] - The first half of 2025 was characterized by lower salmon prices due to increased volume and a high proportion of downgraded fish [8] Operational Developments - Strong biological performance was noted in Northern Norway, contributing to positive cost development [8] - The company is entering the third quarter with record-high biomass for the season, setting the stage for increased volume [4] - The share of superior quality fish has significantly increased from July 2025 onwards compared to the first half [4]
SalMar - Invitation to presentation of the second quarter 2025 results
Globenewswire· 2025-08-19 09:00
Core Points - SalMar will present its results for the second quarter of 2025 on August 21, 2025, at 08:00 CEST [1] - The presentation will be held at Hotel Continental in Oslo, with CEO Frode Arntsen and CFO Ulrik Steinvik representing the company [1] - A Norwegian webcast will be available at the same time, with an English recording accessible from 10:00 CEST [2] - Following the main presentation, there will be two group presentations: one in Norwegian at 12:00 CEST and another in English at 15:15 CEST [3] - Results will be available from 06:30 CET on the company's website and the Oslo Stock Exchange's page [3] - For further inquiries, Håkon Husby, Head of Investor Relations, can be contacted via phone or email [3]
SalMar – New share capital registered
Globenewswire· 2025-08-18 06:00
Group 1 - The triangular merger between SalMar ASA, Wilsgård AS, and SalMar Farming AS has been completed, with SalMar Farming as the acquiring company and Wilsgård as the transferring company [1][2] - SalMar has issued 1,631,943 new ordinary shares as merger consideration to eligible shareholders of Wilsgård [2] - The board of directors approved the increase in share capital on 22 April 2025, resulting in a new share capital of NOK 33,846,878.75 divided into 135,387,515 shares, each with a nominal value of NOK 0.25 [3]