We expect EBIT of NOK 144m, -48% vs. consensus. Key risk is prices amid poor timing and weak biology. '25e P/E 9x reflects more normalised earnings: BUY.

28 Jun 2024
Well below consensus into Q2 trading update

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Well below consensus into Q2 trading update
- Published:
28 Jun 2024 -
Author:
ABGSC Seafood Research | Martin Kaland | Simon Skåland Brun -
Pages:
11 -
We expect EBIT of NOK 144m, -48% vs. consensus. Key risk is prices amid poor timing and weak biology. '25e P/E 9x reflects more normalised earnings: BUY.