Austevoll Seafood ASA

Food & Beverage · Norway · 5K - 10K Employees

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Overview

Headquarters

Alfabygget, Storebø, Vestfold, 5392, Nor...

Phone Number

+47 56181000

Website

www.auss.no

Revenue

$3.2 Billion

Stock Symbol

AUSS

Industry

ZI Rank: 1

Signal Type

Mar

Apr

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Aug

ZI Rank

About Austevoll Seafood ASA

Established in 1981 as Austevoll Havfiske AS, Austevoll Seafood ASA is a globally integrated seafood company with activities in Norway, Chile, Peru, and the North Atlantic. They operate in all parts of the value chain from farming and fishing to processing and distribution. Austevoll Seafood is headquartered in Storebø, Norway.Explore more

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Popular SearchesAustevoll Seafood AsaAustevoll SeafoodAUSTEVOLL SEAFOOD IncAuss Food IncAuss Shared Service AsSIC Code 20,209NAICS Code 31,311Ticker STO: AUSSShow more

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Austevoll Seafood ASA is experiencing very low activity levels compared to other companies in the Manufacturing sector.

What does this means?

Austevoll Seafood ASA is drawing exceptional interest within the Manufacturing industry, suggesting notable developments or strong market momentum, learn more about Austevoll Seafood ASA.

Austevoll Seafood ASA Tech Stack

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Earnings

Austevoll Seafood ASA has reported a strong balance sheet as of end of Q2, with an equity ratio of 52%, total assets of NOK 50.3 billion, net interest-bearing debt of NOK 8.8 billion, and a cash position of NOK 4.6 billion, up from NOK 4.5 billion in the same quarter last year. Cash from operating activities was NOK 1.7 billion, supported by a significant working capital release, while cash from financing activities was negative NOK 2.2 billion, primarily reflecting dividend payments of over NOK 2 billion, of which NOK 1.3 billion was distributed to shareholders of Austevoll Seafood ASA.

Business Finance, Finance

Earnings

Austevoll Seafood ASA has reported Q2 Foodcorp revenue of NOK 406 million, EBITDA of NOK 134 million, and EBIT of NOK 119 million, up from NOK 80 million in Q2 2025, driven by significantly higher prices despite lower volumes, with frozen product prices up 84%, fishmeal prices up 54%, and fish oil prices up 167% compared to the same period last year, partially offsetting a decline in raw material intake to 31,000 tons from 39,000 tons and finished product sales of 9,000 tons of frozen products, down from 33,000 tons in the same quarter last year.

Earnings, Finance

Earnings

Austevoll Seafood ASA has reported a Q2 profit before tax of negative NOK 623 million, compared to positive NOK 14 million in Q2 last year, substantially impacted by a negative biological fair value adjustment of NOK 889 million and a fair value adjustment in associates of NOK 119 million. Net profit for the quarter was negative NOK 254 million versus positive NOK 106 million in Q2 last year, though earnings per share before fair value adjustment related to biological assets improved to NOK 1.6, up from NOK 1.3 in the same quarter last year, with depreciation rising to NOK 585 million from NOK 544 million due to elevated capital expenditure in new farming technology in recent years.

Earnings, Accounting, Financial Reporting, Finance

Earnings

Austevoll Seafood ASA has reported that its Chile operations delivered a better financial result in Q2 compared to the same quarter last year, despite own catch being down 52% year-over-year following a temporary halt due to high juvenile incidence in horse mackerel catches, supported by strong oil yields and anchovy purchases from coastal fishermen. Fishing recovered in late June, with 91,000 tonnes caught to date against a full-year guidance of 135,000 tonnes, with Q3 expected to significantly outperform Q3 of the prior year.

Earnings, Finance

Earnings

Earnings, Forecasting, Finance

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Frequently Asked Questions Regarding Austevoll Seafood ASA

What is Austevoll Seafood ASA's stock symbol?

Austevoll Seafood ASA's stock symbol is AUSS

What is Austevoll Seafood ASA's official website?

Austevoll Seafood ASA's official website is www.auss.no

What is Austevoll Seafood ASA's Revenue?

Austevoll Seafood ASA's revenue is $3.2 Billion

What is Austevoll Seafood ASA's SIC code?

Austevoll Seafood ASA's SIC: 20,209

What is Austevoll Seafood ASA's NAICS code?

Austevoll Seafood ASA's NAICS: 31,311

How many employees does Austevoll Seafood ASA have?

Austevoll Seafood ASA has 5K - 10K employees

What industry does Austevoll Seafood ASA belong to?

Austevoll Seafood ASA is in the industry of: Food & Beverage, Agriculture, Manufacturing

What companies has Austevoll Seafood ASA acquired?

Austevoll Seafood ASA has acquired the companies: Karmsund Protein, Hordafor, Norsildmel

What technology does Austevoll Seafood ASA use?

Some of the popular technologies that Austevoll Seafood ASA uses are: DocuSign, Microsoft 365, Google Tag Manager, GoDaddy SSL Certificates

How do I contact Austevoll Seafood ASA?

Austevoll Seafood ASA contact info: Phone number: +47 56181000 Website: www.auss.no

What does Austevoll Seafood ASA do?

What are Austevoll Seafood ASA social media links?

Austevoll Seafood ASA Linkedin page

Is Austevoll Seafood ASA a public company?

Yes, Austevoll Seafood ASA is a public company and is traded under the symbol AUSS

See more information about Austevoll Seafood ASA

Austevoll Seafood ASA

Overview

Headquarters

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Website

Revenue

Stock Symbol

Industry

About Austevoll Seafood ASA

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