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AKVA group ASA 1Q 2013 report highlighting Improvement from last quarter and strong order backlog

AKVA group achieved revenues of 222.1 MNOK (243.7 MNOK) in the first quarter of 2013 with an EBITDA of 10.4 MNOK (39.7 MNOK)

MHG - WILL CHANGE CONDITIONS FOR VOLUNTARY OFFER

Reference is made to the announcement of 30 April regarding our intention to launch a voluntary offer for the shares in Cermaq ASA. As Marine Harvest has made clear, the condition for launching such offer is that the Annual General Meeting of Cermaq turns down the proposals relating to the Copeinca transaction

Russian Vets Introduce Temporary Restrictions on Import of Fish Products from Tobø Fisk of Norway
COMPANY UPDATE
April 26, 2013 10:55

Food Safety Authority last week. The letter says among other things that "during the monitoring of residues of banned and harmful substances live larvae of nematode Anisakis simplex were detected in the consignment of chilled cod liver imported from Norway to Russia

First X-ray guided cutting machine for cod fillet production line
COMPANY UPDATE
April 24, 2013 17:33

HB Grandi signed a contract with Valka at the Brussels European Seafood Exposition for an X-ray guided cutting machine for its cod fillet production line. This is the first machine of its kind anywhere, and was unveiled publicly for the first time at the exhibition

UPDATE OF SALMON HARVEST VOLUMES AFTER THE END OF Q1 2013

Marine Harvest ASA has published update of salmon harvest volumes after the end of first quarter 2013

MAINSTREAM SELLS PROCESSING PLANT IN CHILE
COMPANY UPDATE
April 2, 2013 10:30

Mainstream Chile has sold the processing plant in Calbuco, Chile to Australis Seafoods for USD 11.7 million

Morpol ASA reports strong sales growth
COMPANY UPDATE
February 20, 2013 21:00

Morpol's consolidated operating revenue in Q4 2012 amounted to EUR 163.1 million, which was higher by EUR 12.8 million in comparison to operating revenue generated in the same period last year. Operating EBIT for the quarter amounted to EUR 6.2 million (3.8 percent margin), which was EUR 7.3 million lower versus the same period last year

Aker Seafoods Q4: Catch up, value down on lower prices for cod, haddock and saithe
COMPANY UPDATE
February 19, 2013 14:09

(Oslo, 19 February 2013) Aker Seafoods achieved an operating result (EBIT) of NOK 31 million in the quarter, an increase of NOK 2 million compared to the fourth quarter in 2011

Fishmeal production starts at HB Grandi´s plant at Akranes
COMPANY UPDATE
February 19, 2013 09:06

HB Grandi’s fishmeal plant at Akranes has started production, following the first cargo of capelin of the season that arrived on Saturday. Faxi RE docked with 1430 tonnes that morning and later that day Víkingur AK arrived with a further 1410 tonnes on board

Cermaq ASA : Q4 2012 results acceptable versus challenging market in Americas and Japan
COMPANY UPDATE
February 12, 2013 09:46

Cermaq reported an EBIT pre fair value and non-recurring items for the fourth quarter of NOK 11 million (NOK 300 million) from high volume growth in feed offset by low salmon prices, especially in Americas and Japan. EBIT pre fair value was NOK 164 million. The full year EBIT pre fair value and non-recurring items was NOK 404 million (NOK 1 369 million). The Board of Directors propose a dividend for 2012 of NOK 1.0 per share, according to Cermaq ASA.

New CEO to lead Morpol ASA
COMPANY UPDATE
January 31, 2013 11:20

As announced earlier, Mr. Jerzy Malek will resign as CEO of Morpol ASA with effect from 28th February 2013. The Board of Morpol ASA has appointed Mr. John-Paul McGinley, the former COO of the company, as the new CEO, according to Morpol.

Cermaq: Possible PD-infection at a Mainstream farming site in Finnmark

Mainstream Norway has detected SAV virus in fish at the farming site Tuvan in Langefjorden, Finnmark, and is consequently suspecting PD at this site

AKVA group ASA to deliver another complete cage farm to Russian Fish-Aquaculture

Norwegian AKVA group ASA New has signed a contract with Russian Sea-Aquaculture LLC for a complete AKVA Cage Farm to be installed in the Murmansk region

Marine Harvest Sells all shares in Aquagen to focus breeding activities around the renowned Mowi strain

Marine Harvest has sold the 31.3% stake in Aquagen to Aquagen's majority owner EW Group GmbH for NOK 173 mill. The transaction will trigger an accounting gain of NOK 136 mill in Q4 2012 and a liquidity effect of NOK 161 mill, of which NOK 89 mill in Q4 2012

Increased pelagic catch helps HB Grandi maintain high landings in 2012
COMPANY UPDATE
January 7, 2013 12:07

Total catches by HB Grandi’s vessels last year came to approximately 200,000 tonnes with an overall value of ISK17.80 billion. This shows a slight reduction in catches and values for the company’s freezer trawlers, attributable to Therney RE and Örfirisey RE being docked for extensive refits during last year. An increase in pelagic catches has resulted in the company’s overall landings being similar to those in 2011

Russian Sea Group abandons its prepared seafood brands and processing business in favour of developing wild fisheries leg
COMPANY UPDATE
December 18, 2012 17:56

Moscow, December 17, 2012 Russian Sea Group announced sale to a group of investors of its prepared seafood brands and processing business (Russian Sea CJSC with a factory in Noginsk near Moscow) under a series of agreements,

Marine Harvest to buy big share of value-added smoked and marinated salmon processor Morpol
COMPANY UPDATE
December 17, 2012 13:47

(Bergen, 17 December 2012): The Board of Directors of Marine Harvest has entered into an agreement with Friendmall Ltd. and Bazmonta Holding Ltd. to acquire 48.5% of the shares in Morpol ASA for NOK 11.50 per share. Marine Harvest intends to submit a mandatory offer for the remaining shares in Morpol

Share purchase programme for employees in Marine Harvest/Purchase of own shares
COMPANY UPDATE
December 5, 2012 10:28

The Board of Directors of Marine Harvest ASA (the "Company") has resolved to offer all permanent employees in the Company and its Norwegian subsidiaries the opportunity to purchase shares in the Company within the scope of the Norwegian Tax Act §5-14

Polish Seafood Processor Morpol ASA has increased sales in spite of difficult Market
COMPANY UPDATE
November 15, 2012 10:41

Morpol's consolidated operating revenue in Q3 2012 amounted to EUR 107.5 million, which was higher by EUR 4.1 million in comparison to operating revenue generated in the same period last year

Aker Seafoods Q3 : Strong operations - further weakening of prices
COMPANY UPDATE
November 2, 2012 17:11

Aker Seafoods achieved an operating result (EBIT) of NOK 36 million in the quarter, a decrease of NOK 3 million compared to the third quarter in 2011. EBITDA in the third quarter 2012 came to NOK 29 million against NOK 59 million in the corresponding period in 2011. Operating revenues in the third quarter totaled NOK 171 million. This is NOK 65 million lower compared to the same period in 2011

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