Harvest volumes
The harvest volumes are provided in head on gutted (HOG) equivalents.
Harvest volumes Q3 2009 (2)
Norway 53 thousand tonnes
Chile(1) 8 thousand tonnes
Canada 5 thousand tonnes
Scotland 10 thousand tonnes
Other 4 thousand tonnes
Total 80 thousand tonnes
Notes:
(1) Sold volume for Chile
(2) Figures include salmonid species only
In connection with the presentation of the Q2 2009 results, Marine Harvest guided a total harvest volume of 70 thousand tonnes (HOG) for Q3 2009.
Additional information
EBIT per kg for Marine Harvest Norway was approximately NOK 6.3 in Q3 2009.
Operationally the restructuring of Chile is in accordance with the updated business plan communicated in the Q2 report.
Marine Harvest has been able to benefit from good market prices during Q3, which in turn has contributed to a further deleveraging of the business. As per the end of the third quarter net interest bearing debt was reduced to approximately NOK 5,100 million (NOK 6,025 million as per the end of the second quarter of 2009). The market fundamentals also provide a positive outlook for 2010. The good operational results and consequential deleveraging of the Company opens up for a dividend based on the 2009 results.
Marine Harvest will release its Q3 results on 16 November at 0700 CET.
For further information please contact:
Jørgen K Andersen (CFO) +47 951 43 854
Henrik Heiberg (VP Finance & Treasury) +47 917 47 724