Marine Harvest ASA (OSE:MHG): Q2 2017 Trading update

Harvest volumes Q2 2017 (1)

Farming Norway 39.5 thousand tonnes
Farming Scotland 18.5 thousand tonnes
Farming Canada 9.5 thousand tonnes
Farming Chile 7.5 thousand tonnes
Farming Ireland 3.5 thousand tonnes
Total 78.5 thousand tonnes

In connection with the presentation of the Q1 2017 results, Marine Harvest guided a total harvest volume of 83 thousand tonnes (GWE) for Q2 2017.

Marine Harvest Faroes did not harvest any fish in the second quarter of 2017.

(1) The harvest volumes are provided in gutted weight equivalents (GWE). The figures include salmonid species only.

Additional information

Operational EBIT for the Group was approximately EUR 196 million in Q2 2017 (EUR 149 million in Q2 2016).

Total operational EBIT per kg through the value chain were approximately as follows:

Norway EUR 2.50
Scotland EUR 3.10
Canada EUR 2.35
Chile EUR 1.45
Ireland EUR 3.40

Reported net interest bearing debt (NIBD) was approximately EUR 555 million at the end of the quarter.

The complete Q2 2017 report will be released on 24 August at 06:30 CET.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.