Lerøy Seafood Group ASA (0GM2.L)

Lerøy Seafood Group ASA: Q2 2023 Results

HIGH REVENUE AND EARNINGS IMPROVEMENT Lerøy posted a 17% year-on-year increase in revenue for Q2 2023. Operating EBIT was NOK 950 million, up slightly from NOK 927 million in Q2 2022. Operating EBIT/kg through the value chain was NOK 28.7, against NOK 25.2 in the same period of last year. The second quarter has been impacted by price inflation on seafood products and a challenging situation in the Farming segment in the second half of 2022, which has resulted in low harvest weights and a low har