Good result for Måsøval

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Good result for MåsøvalGood result for Måsøval

Good result for Måsøval

The turnover was MNOK 393, up from MNOK 164, and profit before tax ended at MNOK 61, almost doubling the turnover of MNOK 31 in the same period the previous year.

Within the aquaculture segment, the turnover was MNOK 285, compared to MNOK 149 in the fourth quarter of 2020. Operating profit ended at MNOK 104, up from MNOK -11 in the same period last year.

The company received at margin of NOK 21.6 per kilo produced salmon in the fourth quarter, which is a sharp improvement from the corresponding quarter in 2020 when it was NOK -3 per kilo.

Måsøval now sees a harvest volume of 25,700 tonnes in 2022, of which 2,250 tonnes in the first quarter of 2022.

“The Covid-19 pandemic continues to affect the world, including the salmon market, but this does not appear to be affecting prices negatively. The salmon price is expected to remain strong in 2022”, the company writes in the report for the fourth quarter.

By TDN Direkt, retrieved from Finansavisen and IntraFish