Noe svakere for Scottish Salmon

The Scottish Salmon, Company Ltd. oppnådde i første kvartal 2011 et resultat før skatt på 5,3 millioner pund, mot 5,7 millioner pund i første kvartal 2010.

Driftsresultatet (EBIT) havnet på 5,9 millioner britiske pund i første kvartal 2011, mot til sammenligning 6,2 millioner pund i første kvartal i fjor. Det fremgår av resultatrapporten for 1. kvartal 2011, som The Scottish Salmon Company Ltd la frem i dag.

Driftsresultatet (EBITDA) før avskrivinger og verdijustering av biomasse ble på 8,0 millioner pund i første kvartal 2011, mot 7,7 millioner pund i første kvartal 2010. Før verdijustering av biomasse havnet driftsresultatet på 6,6 millioner pund, mot 6,6 millioner pund i første kvartal 2010.

Driftsinntektene havnet på 25,5 millioner pund i første kvartal 2011, mot 24,1 millioner pund i første kvartal 2010.

Videre melder selskapet i dag at Berit Normann slutter som styremedlem. Hun har vært styremedlem siden mars 2008. The Scottish Salmon Company ble notert på Oslo Børs den 29. april i år, etter tidligere å ha vært handlet på Oslo Axess.

Les også: SSC noteres på Oslo Børs 29.04.2011

Les selskapets børsmelding og regnskapsrapport her:

The Scottish Salmon Company delivers Strong Q1 Results
 
Highlights

  • Salmon Market remains strong.
  • Record EBITDA for the quarter and EBIT before fair value adjustment of biomass £6.6m.
  • The Board propose a final dividend of NOK 0.16 per share for 2010 , to be considered at the AGM to be held in June. This will result in a total dividend of NOK 0.35 per share for 2010.
  • Positive cash contribution from processing investment with filleting already at 50 % of capacity.
  • High percentage of volume sold through contracts, to secure long term partnership with targeted partner customers.
  • Listed on Main Oslo Bors 29 April 2011.
     

The Scottish Salmon Company Ltd, the leading Scottish-based salmon farming business, has reported a strong start to 2011, brought about by good biological performance and continuing positive market conditions.
 
Net operating revenue exceeded expectations for Q1 totalling £25.4m (£24.1m) achieved on sales of 5,954 tonnes (6,407 tonnes) of harvested salmon. Profits were £6.6m for the quarter, similar to the same quarter in 2010 but on lower volume.

Good biological performance in Q1 means that The Scottish Salmon Company is anticipating that it will now exceed predicted harvest volumes for 2011. It is estimated that, taking into consideration the current farming cycles, Q1 performance and prospects for Q2, that the harvest volumes for 2011 will be between 3- 5 % above the 22,000 tonnes target.
 
With long-term contracts with key partners in place going forward, the company is now building its market position from a secure and prestigious customer base, both domestically and overseas.
 
The successful Q1 follows a record year for The Scottish Salmon Company in 2010 that saw turnover reach £92.4m.
 
The Scottish Salmon Company is a principal player in the Scottish aquaculture industry responsible for approximately 20 % of Scottish salmon production. It's recently opened Marybank processing plant in Stornoway, Isle of Lewis is one of only a few facilities to produce high quality pre-rigour pin-bone-out fillets. Operational since late 2010 filleting is now running at more than 50 % of capacity.
 
Scottish-based and operated, the company is committed to building a sustainable business within Scotland's rural communities.
 
Bill Hazeldean, Chief Executive of The Scottish Salmon Company said:

- The market has remained strong in early 2011, our new generation of stock currently being harvested has performed exceptionally well, with customer feedback extremely positive on both the yield and quality parameters. We have secured new long terms contracts and we are opening up export markets. This gives us a springboard for the rest of the year.

Les mer
•  First Quarter Report 2011 - The Scottish Salmon Company Ltd. (pdf)

Les også: Styrelederen kjøper aksjer i SSC 14.12.2010
Les også: Ny konsernsjef og styreleder i SSC 14.12.2010

Om SSC
The Scottish Salmon Company Limited er en ledende produsent og leverandør av oppdrettet skotsk laks til det internasjonale markedet.