Lerøy Seafood Group Reports Q3 GAAP EPS of NOK 0.37 and Revenue of NOK 8.47B
Lerøy Seafood Group ASA has released its third-quarter financial results, reporting a GAAP Earnings Per Share (EPS) of NOK 0.37. The company's revenue for the period reached NOK 8.47 billion, representing a year-over-year decline of 3.3%. Despite the slight dip in revenue, the group maintained an operational EBIT of NOK 459 million. A significant highlight of the quarter was the strengthening of the balance sheet, as the company successfully reduced its net interest-bearing debt by NOK 676 million while maintaining a strong cash flow position.
Topics: cashflow debt reduction earnings report ebit revenue