Frøya/Tromsø, 6. September 2023
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Tromsø, sustainable organic growth is on the top of the agenda. Following
several successful transactions and the ongoing integration of NTS, NRS and
SalmoNor, SalMar has established itself as a powerhouse in the international
aquaculture industry.
The company will maintain its commitment and ambitions within coastal farming
and within offshore farming. SalMar aims to continue its leading role in growing
and developing the industry both nationally and internationally.
“Our ambition is further growth in all the regions we operate, but where, how
soon and how much we will invest will depend on where we find a sustainable
regulatory framework. In Norway, the resource rent tax which has been introduced
represents a particular cause for concern for further growth outside the organic
growth potential arising from the NTS-transaction last fall,” said Frode Arntsen
CEO of SalMar.
Updates at the capital markets day will include:
·SalMar will announce a total organic growth potential from all regions which
gives a total harvest volume of 362 000 tonnes, an increase from the expected
volume in 2023 of 273 000 tonnes or an increase of 33%, without requiring any
additional large capital expenditures.
·An increase in the estimated annual synergies following the integration of NTS,
NRS and SalmoNor from NOK 671 million to NOK 844 million where 71% is realized
at the end of August 2023.
SalMar will provide more insight into these topics and provide a deep dive into
each part of the value chain 14:00 CEST today at Clarion Hotel the Edge in
Tromsø. The presentation material with more detailed information will be
published at 14:00 CEST when the presentation starts. The session will also be
available as a webcast from SalMars webpage.
For further information, please contact:
Frode Arntsen, CEO
Tel: +47 482 06 665
Email: frode.arntsen@salmar.no
Ulrik Steinvik, CFO
Tel: +47 900 84 538
Email: ulrik.steinvik@salmar.no
Håkon Husby, Head of Investor Relations
Tlf: +47 936 30 449
Email: hakon.husby@salmar.no
About SalMar
SalMar is one of the world’s largest and most efficient producers of salmon. The
Group has farming operations in Central Norway, Northern Norway and Iceland, as
well as substantial harvesting and secondary processing operations. In addition,
the company is operating within offshore aquaculture through the company SalMar
Aker Ocean and SalMar owns 50% of the shares in Scottish Sea Farms Ltd.
See www.salmar.no for more information about the company.
This information is subject to the disclosure requirements stipulated in section
5-12 of the Norwegian Securities Trading Act.
Kilde
