Lerøy Seafood Group ASA
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Lerøy Seafood Group ASA: Green Bond Mandate Announcement
Globenewswire· 2025-09-22 12:00
Core Viewpoint - Lerøy Seafood Group ASA is planning to issue NOK 500 million in senior unsecured green bonds to finance or refinance green projects, subject to market conditions [1] Group 1: Bond Issuance Details - The bond issuance will have a fixed and/or floating coupon and a tenor of either 4 or 7 years [1] - The net proceeds from the bond issue will be allocated to projects defined by the green finance framework [1] - Danske Bank and DNB Carnegie are appointed as Joint Lead Managers for the bond issuance [1] Group 2: Credit Rating - Lerøy Seafood Group ASA holds a credit rating of BBB+/Stable from Nordic Credit Rating [1]
Lerøy Seafood Group ASA: Solid operations across all segments, strong earnings in VAP S&D and Wild Catch
Globenewswire· 2025-08-20 04:30
Core Insights - Lerøy Seafood Group ASA (LSG) reported solid operational results across all segments in Q2 2025, achieving an operational EBIT of NOK 680 million, demonstrating the robustness of its fully integrated value chain in the seafood industry [1][8]. Farming Segment - The Farming segment recorded an operational EBIT of NOK 256 million in Q2 2025, with strong biological performance reflected in high survival rates, superior quality share, and increased average harvest weight, while costs per kg are declining [2][3]. - Despite strong biological performance, low prices for salmon and trout due to increased supply growth impacted results, although contracts provided some earnings stability [4][3]. VAP S&D Segment - The VAP S&D segment achieved an operational EBIT of NOK 351 million in Q2 2025, marking the tenth consecutive quarter of growth in 12-month rolling operational EBIT [5]. - The segment's positive development is driven by improved capacity utilization and strengthened relationships with key customers, moving closer to the target of NOK 1,250 million in operational EBIT for 2025 [6]. Wild Catch Segment - The Wild Catch segment delivered an operational result of NOK 148 million in Q2 2025, with historically high prices for cod, although there are prospects for further reductions in cod quotas in 2026, posing challenges for whitefish factories [7]. - The segment's performance is expected to face challenges ahead due to reliance on volumes for profitability [7]. Strategic Outlook - The company is optimistic about future development, entering a new strategy period with new targets to be set, while maintaining a strong position with strategic customers amid strong global demand for seafood [8].
Lerøy Seafood Group ASA: Invitation to presentation of results for Q2 and first half 2025
Globenewswire· 2025-08-13 04:30
Group 1 - Lerøy Seafood Group ASA will present its Q2 2025 results on 20 August 2025 at Scandic Flesland Airport hotel in Bergen at 08:45 CET during the event "Vestland på Børs" [1] - The presentation will be conducted in Norwegian and will include a Q&A session [1] - The quarterly report and presentation will be published at 06:30 CET on the same day [1] Group 2 - An English recording of the presentation will be available from 13:15 CET on the company's investor website [2] - This information is subject to the disclosure requirements under Section 5-12 of the Norwegian Securities Trading Act [2]
Lerøy Seafood Group ASA: Ex. dividend today
Globenewswire· 2025-05-28 04:30
Group 1 - Lerøy Seafood Group ASA will have its shares quoted ex-dividend at NOK 2.50 per share starting from May 28, 2025 [1] - This announcement is in compliance with the disclosure requirements of the Norwegian Securities Trading Act [1]
Lerøy Seafood Group ASA: Ordinary General Shareholders Meeting held
Globenewswire· 2025-05-27 09:09
Group 1 - The Ordinary General Meeting of Lerøy Seafood Group ASA was held on 27 May 2025, and all items were resolved according to the Annual General Meeting notice and the Nomination Committee's recommendations [1] - The General Shareholders Meeting approved a dividend distribution of NOK 2.50 per share, which will be paid on 5 June 2025 to shareholders registered as of 27 May 2025 [1] - Shares in Lerøy Seafood Group ASA will be traded ex-dividend starting from 28 May 2025 [2]
Correction: Updated quarterly report for the first quarter 2025
Globenewswire· 2025-05-15 06:20
Core Insights - Lerøy Seafood Group ASA published its Q1 2025 results, but an error was found in the figures presented in the quarterly report [1] Group 1 - The stock exchange announcement regarding the Q1 2025 results was made at 06:30 CET [1] - A corrected report has been attached to address the error discovered in the figures [2]
Lerøy Seafood Group ASA: Strong biological performance and continued growth in VAP S&D.
Globenewswire· 2025-05-15 04:30
Core Viewpoint - Lerøy Seafood Group ASA reported a consolidated operational EBIT of MNOK 1,049 for Q1 2025, an increase from MNOK 842 in the same period last year [1] Group 1: Farming Segment Performance - The Farming segment achieved an operational EBIT of MNOK 789, demonstrating strong performance despite lower spot prices for salmon and trout compared to last year [2] - Key contributors to the Farming segment's success include improvements in genetics, roe and smolt quality, shielding technology, and general process enhancements [2] - The measures implemented have positively affected fish welfare and financial results [2] Group 2: VAP S&D Segment Performance - The VAP S&D segment reported an operational EBIT of MNOK 212 in Q1 2025 and a record MNOK 924 on a rolling 12-month basis [3] - Increased volumes have led to higher utilization of the integrated value chain, while lower raw material prices have supported market growth [4] - Structured improvement efforts have resulted in several entities performing at higher levels than before [4] Group 3: Wild Catch Segment Challenges - The Wild Catch segment reported an operational EBIT of MNOK 148 in Q1 2025, facing challenges due to very low quotas [5] - Strong price trends in 2025 are noted, but the low quotas hinder full utilization of industrial capacities [5] Group 4: Regulatory Environment - The Norwegian government proposed changes in the aquaculture licensing regime, which could significantly impact the industry [6] - The company supports the Norwegian Seafood Federation's call for further analysis before major decisions are made by Parliament [6] Group 5: Market Development - The company is developing global markets for Norwegian salmon and trout, particularly in emerging markets like China, leveraging high volumes at lower prices [8] - A stable and competitive regulatory framework is deemed critical for the industry's future and for delivering sustainable seafood [9]
Lerøy Seafood Group ASA: Invitation to presentation of results for Q1 2025
Globenewswire· 2025-05-08 04:30
Group 1 - Lerøy Seafood Group ASA will present its Q1 2025 results on 15 May at 08:00 CET in Oslo [1] - The presentation will be conducted in Norwegian and will include a Q&A session [1] - A live broadcast of the presentation will be available for those who wish to submit questions online [1] Group 2 - A recording of the presentation in English will be accessible from 12:00 CET on the company's investor website [2] - The quarterly report and presentation will be published at 06:30 CET on the same day [1]
Lerøy Seafood Group ASA: Notice of General Shareholders' Meeting
Globenewswire· 2025-05-02 12:00
Group 1 - The General Shareholders' Meeting of Lerøy Seafood Group ASA is scheduled for 27 May 2025 at 10.00 a.m CET as an online meeting [1] - The meeting notice and all underlying documentation can be accessed at the company's investor relations website [1] - This information complies with the disclosure requirements of the Norwegian Securities Trading Act [1]
Lerøy Seafood Group ASA: Key information relating to the cash dividend to be paid by Lerøy Seafood Group ASA
Globenewswire· 2025-04-30 19:40
Core Points - The company has declared a dividend amount of 2.5 NOK per share [1] - The last day to include the right to the dividend is set for 27 May 2025 [1] - The ex-dividend date is 28 May 2025, meaning shares will trade without the dividend from this date [1] - The record date for shareholders entitled to the dividend is 30 May 2025 [1] - The payment date for the dividend is scheduled for 5 June 2025 [1] - The approval date for the dividend declaration is 27 May 2025 [1] - This information is published in compliance with the Oslo Børs Rule Book II section 4.2.5.2 [1]