SalMar ASA Reports Q3 Operational EBIT of NOK 1,609M and Significant Debt Reduction

SalMar ASA has released its third-quarter financial results, reporting an operational EBIT of NOK 1,609 million. The company demonstrated strong balance sheet management by reducing its net interest-bearing debt by NOK 1,228 million compared to the end of the second quarter, bringing total net debt to NOK 17,912 million. The report also highlighted a non-GAAP earnings per share (EPS) of NOK 3.90 on total revenue of NOK 7.61 billion. These results provide updated context for the company's fiscal year outlook as it continues to manage its debt profile and operational efficiency within the seafood sector.

By Khushi Singh, SA News Editor · Seeking Alpha ·

SalMar ASA Reports Q3 Operational EBIT of NOK 1,609M and Significant Debt Reduction

Tickers: $SALRY

Topics: debt reduction earnings report operational EBIT revenue

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