SalMar ASA Key Executives
This section highlights SalMar ASA's key executives, including their titles and compensation details.
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SalMar ASA Earnings
This section highlights SalMar ASA's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
Next Earnings Date
Last Earnings Results
Earnings Call Transcripts
Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
---|---|---|---|---|---|
Read Transcript | Q4 | 2024 | 2025-02-18 | N/A | N/A |
Read Transcript | Q3 | 2024 | 2024-11-18 | N/A | N/A |
Read Transcript | Q2 | 2024 | 2024-08-20 | N/A | N/A |
Read Transcript | Q1 | 2024 | 2024-05-15 | N/A | N/A |
Read Transcript | Q4 | 2023 | 2024-02-15 | N/A | N/A |
Read Transcript | Q3 | 2023 | 2023-11-12 | N/A | N/A |
Read Transcript | Q1 | 2023 | 2023-05-14 | N/A | N/A |
Financial Statements
Access annual & quarterly financial statements for SalMar ASA, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
---|---|---|---|---|---|
Revenue | $26.43B | $28.22B | $20.16B | $15.04B | $12.91B |
Cost of Revenue | $13.10B | $11.50B | $9.60B | $6.49B | $6.32B |
Gross Profit | $13.32B | $16.72B | $10.56B | $8.55B | $6.59B |
Gross Profit Ratio | 50.42% | 59.25% | 52.38% | 56.84% | 51.06% |
Research and Development Expenses | $- | $- | $- | $- | $- |
General and Administrative Expenses | $- | $87.75M | $61.38M | $44.70M | $39.51M |
Selling and Marketing Expenses | $- | $1.84B | $1.67B | $1.28B | $1.05B |
Selling General and Administrative Expenses | $- | $1.93B | $1.73B | $1.32B | $1.05B |
Other Expenses | $8.03B | $6.29B | $4.70B | $3.54B | $2.70B |
Operating Expenses | $8.03B | $8.21B | $6.43B | $4.86B | $3.76B |
Cost and Expenses | $21.13B | $19.59B | $16.03B | $11.35B | $10.08B |
Interest Income | $38.00M | $51.00M | $28.41M | $15.19M | $10.26M |
Interest Expense | $1.26B | $1.22B | $364.25M | $184.65M | $149.85M |
Depreciation and Amortization | $1.76B | $1.45B | $1.00B | $803.13M | $780.97M |
EBITDA | $7.22B | $9.95B | $5.86B | $4.29B | $3.47B |
EBITDA Ratio | 27.31% | 35.28% | 29.08% | 28.52% | 26.86% |
Operating Income | $5.29B | $8.51B | $3.54B | $3.45B | $2.83B |
Operating Income Ratio | 20.03% | 30.15% | 17.58% | 22.94% | 21.90% |
Total Other Income Expenses Net | $-1.09B | $-1.23B | $-176.13M | $-64.03M | $-256.32M |
Income Before Tax | $4.20B | $7.28B | $4.56B | $3.39B | $2.57B |
Income Before Tax Ratio | 15.90% | 25.80% | 22.63% | 22.51% | 19.92% |
Income Tax Expense | $1.10B | $4.53B | $954.00M | $718.82M | $563.36M |
Net Income | $2.97B | $3.20B | $3.31B | $2.62B | $1.98B |
Net Income Ratio | 11.24% | 11.35% | 16.43% | 17.39% | 15.33% |
EPS | $5.73 | $4.84 | $6.91 | $5.65 | $4.38 |
EPS Diluted | $5.62 | $6.08 | $6.90 | $5.64 | $4.37 |
Weighted Average Shares Outstanding | 518.18M | 662.34M | 479.20M | 462.86M | 451.79M |
Weighted Average Shares Outstanding Diluted | 528.00M | 526.53M | 479.92M | 463.69M | 452.65M |
SEC Filing | Source | Source | Source | Source | Source |
Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | $7.88B | $6.12B | $5.84B | $6.55B | $8.02B | $7.51B | $5.89B | $6.79B | $6.41B | $4.90B | $4.17B | $4.68B | $4.67B | $4.02B | $3.17B | $3.18B | $3.05B | $2.93B | $3.31B | $3.63B |
Cost of Revenue | $4.32B | $2.85B | $4.45B | $5.13B | $5.97B | $2.76B | $2.37B | $3.20B | $4.76B | $2.82B | $1.70B | $1.69B | $2.52B | $1.89B | $1.34B | $1.10B | $2.28B | $1.47B | $960.10M | $1.60B |
Gross Profit | $3.55B | $3.28B | $1.39B | $1.42B | $2.04B | $4.75B | $3.53B | $3.59B | $1.65B | $2.08B | $2.47B | $2.99B | $2.15B | $2.13B | $1.82B | $2.08B | $767.12M | $1.46B | $2.35B | $2.03B |
Gross Profit Ratio | 45.11% | 53.53% | 23.86% | 21.69% | 25.50% | 63.27% | 59.85% | 52.87% | 25.74% | 42.38% | 59.16% | 63.90% | 45.99% | 52.94% | 57.58% | 65.39% | 25.16% | 49.85% | 70.98% | 55.86% |
Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
General and Administrative Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Selling General and Administrative Expenses | $- | $- | $692.00M | $666.00M | $987.03M | $561.00M | $596.00M | $625.00M | $774.17M | $414.00M | $445.00M | $419.00M | $582.11M | $358.00M | $381.00M | $359.00M | $488.27M | $296.00M | $336.00M | $323.00M |
Other Expenses | $2.23B | $2.10B | $1.28B | $193.00M | $-305.00M | $-98.00M | $96.00M | $2.04B | $2.05B | $1.39B | $1.60B | $1.39B | $1.39B | $1.18B | $1.18B | $1.14B | $787.37M | $957.40M | $1.05B | $960.40M |
Operating Expenses | $2.23B | $2.10B | $-29.00M | $-193.00M | $305.00M | $2.01B | $1.94B | $2.04B | $2.05B | $1.39B | $1.60B | $1.39B | $1.39B | $1.18B | $1.18B | $1.14B | $787.37M | $957.40M | $1.05B | $960.40M |
Cost and Expenses | $6.55B | $4.94B | $4.42B | $4.94B | $6.28B | $4.77B | $4.31B | $5.24B | $6.80B | $4.21B | $3.30B | $3.08B | $3.92B | $3.07B | $2.52B | $2.24B | $3.07B | $2.43B | $2.01B | $2.56B |
Interest Income | $11.00M | $11.00M | $9.00M | $6.98M | $67.17M | $10.00M | $8.00M | $18.00M | $15.00M | $7.00M | $4.00M | $2.00M | $6.89M | $4.60M | $1.90M | $1.80M | $- | $- | $1.10M | $5.40M |
Interest Expense | $443.00M | $321.00M | $249.00M | $246.19M | $301.25M | $348.00M | $286.00M | $287.00M | $- | $71.00M | $52.00M | $55.00M | $55.35M | $49.10M | $42.70M | $37.30M | $30.19M | $31.20M | $35.80M | $42.30M |
Depreciation and Amortization | $511.00M | $430.00M | $410.00M | $407.00M | $414.00M | $353.00M | $343.00M | $343.00M | $343.00M | $237.00M | $230.00M | $229.00M | $215.00M | $199.00M | $200.00M | $193.00M | $234.29M | $199.20M | $193.60M | $185.00M |
EBITDA | $1.86B | $1.59B | $2.02B | $1.40B | $1.68B | $3.27B | $2.48B | $3.14B | $407.00M | $924.00M | $2.47B | $1.83B | $945.16M | $1.14B | $1.22B | $1.19B | $351.39M | $704.60M | $1.80B | $1.24B |
EBITDA Ratio | 23.67% | 25.97% | 34.60% | 21.31% | 20.94% | 43.56% | 42.00% | 46.26% | 6.35% | 18.86% | 59.28% | 39.06% | 20.23% | 28.42% | 38.40% | 37.37% | 11.52% | 24.05% | 54.41% | 34.13% |
Operating Income | $1.32B | $1.18B | $1.66B | $1.61B | $1.74B | $2.65B | $1.64B | $1.57B | $-397.42M | $903.00M | $1.15B | $1.34B | $547.97M | $952.00M | $1.04B | $911.00M | $85.17M | $577.10M | $1.58B | $585.00M |
Operating Income Ratio | 16.79% | 19.24% | 28.37% | 24.64% | 21.70% | 35.29% | 27.82% | 23.19% | -6.20% | 18.44% | 27.54% | 28.62% | 11.73% | 23.69% | 32.83% | 28.61% | 2.79% | 19.70% | 47.78% | 16.14% |
Total Other Income Expenses Net | $-412.00M | $-339.00M | $-176.00M | $-232.00M | $-300.90M | $-347.00M | $-330.00M | $-252.00M | $-257.13M | $-53.00M | $86.00M | $-52.00M | $-55.03M | $-40.00M | $4.00M | $27.00M | $-8.32M | $-55.00M | $-3.00M | $-190.00M |
Income Before Tax | $910.00M | $839.00M | $1.48B | $904.00M | $939.00M | $2.30B | $1.77B | $2.23B | $-221.97M | $850.00M | $2.55B | $1.39B | $492.94M | $912.00M | $1.04B | $937.00M | $76.64M | $522.20M | $1.58B | $394.60M |
Income Before Tax Ratio | 11.55% | 13.70% | 25.35% | 13.79% | 11.71% | 30.67% | 29.96% | 32.91% | -3.47% | 17.35% | 61.05% | 29.65% | 10.55% | 22.69% | 32.95% | 29.43% | 2.51% | 17.82% | 47.71% | 10.88% |
Income Tax Expense | $-139.00M | $579.00M | $580.00M | $76.00M | $-285.00M | $1.62B | $2.71B | $490.00M | $-45.00M | $181.00M | $533.00M | $285.00M | $96.82M | $201.00M | $222.00M | $199.00M | $24.86M | $103.90M | $343.70M | $90.90M |
Net Income | $1.00B | $285.00M | $858.00M | $821.00M | $1.32B | $995.00M | $-844.00M | $1.73B | $-176.96M | $559.00M | $1.84B | $1.08B | $412.72M | $688.00M | $800.00M | $716.00M | $24.62M | $370.00M | $1.18B | $404.00M |
Net Income Ratio | 12.75% | 4.66% | 14.70% | 12.52% | 16.43% | 13.25% | -14.32% | 25.53% | -2.76% | 11.41% | 44.03% | 23.09% | 8.83% | 17.12% | 25.25% | 22.49% | 0.81% | 12.63% | 35.68% | 11.14% |
EPS | $1.90 | $0.55 | $1.63 | $1.56 | $2.50 | $1.20 | $-1.61 | $3.30 | $-0.35 | $1.19 | $3.90 | $2.30 | $0.84 | $1.46 | $1.75 | $1.58 | $0.06 | $0.82 | $2.61 | $0.90 |
EPS Diluted | $1.90 | $0.54 | $1.63 | $1.56 | $2.50 | $1.20 | $-1.61 | $3.30 | $-0.35 | $1.19 | $3.90 | $2.29 | $0.84 | $1.46 | $1.74 | $1.58 | $0.06 | $0.82 | $2.61 | $0.89 |
Weighted Average Shares Outstanding | 528.42M | 518.18M | 528.00M | 527.04M | 527.04M | 525.73M | 525.73M | 525.73M | 504.62M | 470.79M | 471.03M | 470.00M | 471.02M | 470.43M | 458.45M | 452.45M | 451.22M | 451.22M | 451.67M | 451.40M |
Weighted Average Shares Outstanding Diluted | 528.42M | 528.00M | 528.00M | 527.72M | 527.04M | 526.41M | 525.73M | 526.04M | 504.62M | 471.73M | 471.63M | 471.31M | 471.31M | 471.23M | 459.11M | 452.83M | 451.22M | 452.51M | 452.11M | 452.25M |
SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
---|---|---|---|---|---|
Cash and Cash Equivalents | $518.00M | $621.10M | $154.63M | $780.85M | $79.91M |
Short Term Investments | $- | $83.11M | $-328.88M | $-109.90M | $-90.75M |
Cash and Short Term Investments | $518.00M | $785.27M | $154.63M | $780.85M | $79.91M |
Net Receivables | $- | $1.46B | $1.41B | $934.93M | $588.99M |
Inventory | $15.25B | $14.49B | $12.68B | $7.93B | $6.67B |
Other Current Assets | $2.16B | $1.06B | $12.13B | $454.58M | $435.95M |
Total Current Assets | $17.92B | $17.80B | $28.95B | $10.24B | $7.92B |
Property Plant Equipment Net | $14.08B | $14.17B | $12.52B | $8.01B | $6.40B |
Goodwill | $- | $3.01B | $3.00B | $752.06M | $441.13M |
Intangible Assets | $- | $15.67B | $15.29B | $7.78B | $6.39B |
Goodwill and Intangible Assets | $19.49B | $18.68B | $18.29B | $8.53B | $6.83B |
Long Term Investments | $- | $2.59B | $2.74B | $1.29B | $843.78M |
Tax Assets | $- | $- | $-2.74B | $-1.29B | $-843.78M |
Other Non-Current Assets | $2.94B | $86.10M | $2.75B | $1.30B | $850.99M |
Total Non-Current Assets | $36.51B | $35.53B | $33.55B | $17.84B | $14.08B |
Other Assets | $1.00M | $- | $- | $- | $- |
Total Assets | $54.43B | $53.33B | $62.50B | $28.09B | $22.00B |
Account Payables | $4.08B | $3.97B | $3.34B | $2.32B | $2.06B |
Short Term Debt | $2.27B | $2.02B | $3.72B | $787.69M | $1.60B |
Tax Payables | $- | $1.81B | $2.96B | $807.19M | $537.83M |
Deferred Revenue | $- | $- | $- | $- | $- |
Other Current Liabilities | $3.99B | $1.99B | $1.27B | $773.88M | $539.27M |
Total Current Liabilities | $10.34B | $9.79B | $16.90B | $4.69B | $4.74B |
Long Term Debt | $16.74B | $13.71B | $19.50B | $5.66B | $4.45B |
Deferred Revenue Non-Current | $- | $- | $- | $-2.26B | $- |
Deferred Tax Liabilities Non-Current | $7.01B | $6.72B | $1.93B | $2.26B | $1.83B |
Other Non-Current Liabilities | $106.00M | $20.92M | $5.63B | $- | $- |
Total Non-Current Liabilities | $23.85B | $20.46B | $21.45B | $7.92B | $6.27B |
Other Liabilities | $- | $- | $- | $- | $- |
Total Liabilities | $34.19B | $30.25B | $38.35B | $12.60B | $11.01B |
Preferred Stock | $- | $- | $- | $- | $- |
Common Stock | $33.00M | $33.01M | $36.28M | $29.45M | $28.32M |
Retained Earnings | $8.11B | $9.11B | $6.80B | $9.80B | $9.16B |
Accumulated Other Comprehensive Income Loss | $- | $741.46M | $740.69M | $441.14M | $378.84M |
Other Total Stockholders Equity | $9.78B | $10.02B | $12.18B | $3.10B | $415.23M |
Total Stockholders Equity | $17.93B | $19.90B | $19.36B | $13.23B | $9.85B |
Total Equity | $20.24B | $23.08B | $24.15B | $15.48B | $10.99B |
Total Liabilities and Stockholders Equity | $54.43B | $53.33B | $62.50B | $28.09B | $22.00B |
Minority Interest | $2.31B | $3.18B | $4.80B | $2.25B | $1.14B |
Total Liabilities and Total Equity | $54.43B | $53.33B | $62.50B | $28.09B | $22.00B |
Total Investments | $2.94B | $2.68B | $2.41B | $1.18B | $753.03M |
Total Debt | $19.01B | $15.74B | $23.22B | $6.45B | $6.05B |
Net Debt | $18.49B | $15.12B | $23.06B | $5.66B | $5.97B |
Balance Sheet Charts
Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash and Cash Equivalents | $518.00M | $490.00M | $627.00M | $667.00M | $785.27M | $751.00M | $784.00M | $1.00B | $154.63M | $787.00M | $1.07B | $1.02B | $780.85M | $670.00M | $484.00M | $206.00M | $79.91M | $169.30M | $192.20M | $197.60M |
Short Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $-328.88M | $- | $- | $- | $25.04M | $- | $- | $- | $- | $118.50M | $- | $- |
Cash and Short Term Investments | $518.00M | $490.00M | $627.00M | $667.00M | $785.27M | $751.00M | $784.00M | $1.00B | $154.63M | $787.00M | $1.07B | $1.02B | $780.85M | $670.00M | $484.00M | $206.00M | $79.91M | $169.30M | $192.20M | $197.60M |
Net Receivables | $- | $- | $1.18B | $1.56B | $1.46B | $1.57B | $1.42B | $1.68B | $1.41B | $1.07B | $1.05B | $1.20B | $934.93M | $912.00M | $746.00M | $758.00M | $588.99M | $653.90M | $- | $943.50M |
Inventory | $15.25B | $15.73B | $14.20B | $13.32B | $14.49B | $15.50B | $14.22B | $13.18B | $12.68B | $9.75B | $9.72B | $7.90B | $7.93B | $8.09B | $7.42B | $6.92B | $6.67B | $6.86B | $6.45B | $6.01B |
Other Current Assets | $2.16B | $1.95B | $632.00M | $534.00M | $1.06B | $723.00M | $12.69B | $12.39B | $12.13B | $520.00M | $499.00M | $563.00M | $454.58M | $398.00M | $353.00M | $633.00M | $435.95M | $279.40M | $100.00K | $375.10M |
Total Current Assets | $17.92B | $18.17B | $16.64B | $16.08B | $17.80B | $18.54B | $29.11B | $28.24B | $28.95B | $12.13B | $12.34B | $10.68B | $10.24B | $10.07B | $9.00B | $8.52B | $7.92B | $7.96B | $7.75B | $7.53B |
Property Plant Equipment Net | $14.08B | $14.47B | $14.48B | $14.30B | $14.17B | $13.52B | $13.51B | $13.11B | $12.52B | $9.23B | $8.73B | $8.27B | $8.01B | $7.65B | $7.10B | $6.65B | $6.40B | $5.94B | $5.68B | $5.14B |
Goodwill | $- | $- | $- | $- | $3.01B | $- | $- | $- | $3.00B | $- | $- | $- | $752.06M | $- | $- | $- | $441.13M | $- | $- | $- |
Intangible Assets | $- | $- | $18.80B | $18.73B | $15.67B | $18.41B | $18.48B | $18.42B | $15.29B | $9.13B | $8.78B | $8.50B | $7.78B | $8.53B | $6.83B | $6.78B | $6.39B | $6.90B | $5.01B | $5.09B |
Goodwill and Intangible Assets | $19.49B | $19.49B | $18.80B | $18.73B | $18.68B | $18.41B | $18.48B | $18.42B | $18.29B | $9.13B | $8.78B | $8.50B | $8.53B | $8.53B | $6.83B | $6.78B | $6.83B | $6.90B | $5.01B | $5.09B |
Long Term Investments | $- | $- | $2.94B | $2.90B | $2.68B | $2.78B | $2.77B | $2.71B | $2.74B | $1.69B | $1.83B | $1.67B | $1.30B | $1.00B | $986.00M | $934.00M | $753.03M | $769.60M | $816.90M | $857.20M |
Tax Assets | $- | $- | $- | $- | $-85.69M | $-2.78B | $-2.77B | $-2.71B | $-2.74B | $-1.69B | $-1.83B | $-1.67B | $-1.30B | $-1.00B | $-986.00M | $-934.00M | $-753.03M | $-769.60M | $-816.90M | $-857.20M |
Other Non-Current Assets | $2.94B | $2.83B | $- | $-1.00M | $88.68M | $2.79B | $2.77B | $2.71B | $2.75B | $1.69B | $1.83B | $1.67B | $1.30B | $1.00B | $985.00M | $935.00M | $850.99M | $888.00M | $816.90M | $857.10M |
Total Non-Current Assets | $36.51B | $36.79B | $36.22B | $35.93B | $35.53B | $34.71B | $34.76B | $34.24B | $33.55B | $20.05B | $19.34B | $18.44B | $17.84B | $17.19B | $14.91B | $14.36B | $14.08B | $13.74B | $11.51B | $11.08B |
Other Assets | $1.00M | $- | $- | $- | $- | $- | $-1.00M | $- | $- | $- | $- | $- | $- | $-1.00M | $1.00M | $- | $- | $- | $- | $- |
Total Assets | $54.43B | $54.96B | $52.87B | $52.01B | $53.33B | $53.26B | $63.87B | $62.48B | $62.50B | $32.18B | $31.68B | $29.12B | $28.09B | $27.25B | $23.91B | $22.88B | $22.00B | $21.70B | $19.26B | $18.61B |
Account Payables | $4.08B | $4.29B | $3.23B | $2.64B | $3.97B | $4.25B | $3.31B | $2.55B | $3.34B | $5.53B | $4.74B | $4.32B | $2.32B | $3.85B | $3.16B | $2.91B | $2.06B | $- | $- | $- |
Short Term Debt | $2.27B | $3.19B | $2.16B | $1.14B | $2.02B | $1.56B | $3.29B | $3.21B | $3.72B | $774.00M | $950.00M | $361.00M | $787.69M | $823.00M | $382.70M | $1.37B | $1.60B | $1.36B | $523.50M | $521.10M |
Tax Payables | $- | $- | $- | $- | $1.81B | $- | $- | $- | $2.96B | $- | $- | $- | $807.19M | $- | $- | $- | $537.83M | $- | $- | $- |
Deferred Revenue | $- | $- | $- | $- | $1.81B | $- | $5.97B | $- | $- | $-5.53B | $-4.74B | $-4.32B | $- | $-3.85B | $-3.16B | $-2.91B | $537.83M | $- | $- | $- |
Other Current Liabilities | $3.99B | $3.64B | $3.79B | $4.10B | $1.99B | $3.68B | $-3.92B | $10.16B | $1.27B | $- | $- | $-1.00M | $773.88M | $- | $5.30M | $- | $539.27M | $3.54B | $3.22B | $3.47B |
Total Current Liabilities | $10.34B | $11.12B | $9.19B | $7.88B | $9.79B | $9.49B | $14.63B | $15.91B | $16.90B | $6.30B | $5.69B | $4.68B | $4.69B | $4.67B | $3.54B | $4.28B | $4.74B | $4.90B | $3.75B | $3.99B |
Long Term Debt | $16.74B | $17.02B | $17.11B | $13.97B | $13.71B | $14.91B | $20.02B | $18.85B | $19.50B | $6.44B | $7.02B | $5.49B | $5.66B | $5.79B | $5.50B | $5.07B | $4.45B | $2.95B | $2.16B | $2.51B |
Deferred Revenue Non-Current | $- | $- | $- | $1.49B | $1.50B | $10.00M | $10.00M | $- | $- | $- | $-2.66B | $- | $-2.26B | $- | $- | $- | $- | $- | $- | $- |
Deferred Tax Liabilities Non-Current | $7.01B | $7.24B | $6.45B | $6.31B | $6.72B | $7.37B | $7.02B | $2.31B | $1.93B | $2.56B | $2.66B | $2.30B | $2.26B | $- | $- | $- | $1.83B | $- | $- | $- |
Other Non-Current Liabilities | $106.00M | $104.00M | $36.00M | $58.00M | $20.92M | $1.00M | $3.00M | $9.00M | $5.63B | $- | $- | $1.00M | $- | $2.34B | $1.99B | $1.90B | $1.83B | $1.83B | $1.85B | $1.75B |
Total Non-Current Liabilities | $23.85B | $24.37B | $23.60B | $20.34B | $20.46B | $22.29B | $27.06B | $21.17B | $21.45B | $8.99B | $9.68B | $7.79B | $7.92B | $8.13B | $7.50B | $6.96B | $6.27B | $4.78B | $4.01B | $4.26B |
Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Total Liabilities | $34.19B | $35.48B | $32.78B | $28.23B | $30.25B | $31.78B | $41.69B | $37.08B | $38.35B | $15.30B | $15.37B | $12.47B | $12.60B | $12.80B | $11.04B | $11.24B | $11.01B | $9.68B | $7.75B | $8.25B |
Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Common Stock | $33.00M | $33.00M | $33.00M | $33.00M | $33.01M | $36.00M | $36.00M | $36.00M | $36.28M | $29.00M | $29.00M | $29.00M | $29.45M | $29.50M | $3.41B | $28.30M | $28.32M | $28.30M | $28.30M | $28.30M |
Retained Earnings | $8.11B | $7.29B | $6.17B | $9.93B | $9.11B | $5.35B | $4.95B | $8.21B | $6.80B | $10.87B | $10.40B | $10.94B | $9.80B | $8.87B | $8.20B | $9.69B | $9.16B | $10.35B | $9.93B | $8.68B |
Accumulated Other Comprehensive Income Loss | $- | $- | $636.00M | $538.00M | $741.46M | $986.00M | $961.00M | $385.00M | $740.69M | $145.00M | $231.00M | $207.00M | $92.70M | $99.10M | $105.60M | $130.40M | $378.84M | $435.00M | $406.50M | $504.90M |
Other Total Stockholders Equity | $9.78B | $9.77B | $10.02B | $10.02B | $10.02B | $12.18B | $12.18B | $12.54B | $12.18B | $3.10B | $2.87B | $2.90B | $3.40B | $3.10B | $3.38B | $678.50M | $415.23M | $649.90M | $637.10M | $624.50M |
Total Stockholders Equity | $17.93B | $17.10B | $16.85B | $20.54B | $19.90B | $18.55B | $17.53B | $20.79B | $19.36B | $14.35B | $13.86B | $14.39B | $13.23B | $12.39B | $11.72B | $10.52B | $9.85B | $11.23B | $10.78B | $9.63B |
Total Equity | $20.24B | $19.48B | $20.09B | $23.79B | $23.08B | $21.48B | $22.18B | $25.40B | $24.15B | $16.88B | $16.31B | $16.64B | $15.48B | $14.46B | $12.87B | $11.64B | $10.99B | $12.02B | $11.51B | $10.36B |
Total Liabilities and Stockholders Equity | $54.43B | $54.96B | $52.87B | $52.01B | $53.33B | $53.26B | $63.87B | $62.48B | $62.50B | $32.18B | $31.68B | $29.12B | $28.09B | $27.25B | $23.91B | $22.88B | $22.00B | $21.70B | $19.26B | $18.61B |
Minority Interest | $2.31B | $2.38B | $3.23B | $3.25B | $3.18B | $2.92B | $4.64B | $4.62B | $4.80B | $2.54B | $2.45B | $2.25B | $2.25B | $2.07B | $1.16B | $1.12B | $1.14B | $785.60M | $730.30M | $725.00M |
Total Liabilities and Total Equity | $54.43B | $54.96B | $52.87B | $52.01B | $53.33B | $53.26B | $63.87B | $62.48B | $62.50B | $32.18B | $31.68B | $29.12B | $28.09B | $27.25B | $23.91B | $22.88B | $22.00B | $21.70B | $19.26B | $18.61B |
Total Investments | $2.94B | $2.83B | $2.94B | $2.90B | $2.68B | $2.78B | $2.77B | $2.71B | $2.41B | $1.69B | $1.83B | $1.67B | $1.18B | $1.00B | $986.00M | $934.00M | $753.03M | $888.10M | $816.90M | $857.20M |
Total Debt | $19.01B | $20.21B | $19.27B | $15.11B | $15.74B | $16.47B | $23.32B | $22.05B | $23.22B | $7.21B | $7.97B | $5.86B | $6.45B | $6.61B | $5.89B | $6.43B | $6.05B | $4.31B | $2.68B | $3.04B |
Net Debt | $18.49B | $19.72B | $18.65B | $14.45B | $14.95B | $15.72B | $22.54B | $21.05B | $23.06B | $6.42B | $6.89B | $4.83B | $5.66B | $5.94B | $5.41B | $6.23B | $5.97B | $4.14B | $2.49B | $2.84B |
Annual Cash Flow
Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
---|---|---|---|---|---|
Net Income | $4.20B | $2.55B | $4.65B | $3.39B | $2.57B |
Depreciation and Amortization | $1.76B | $1.45B | $1.04B | $806.68M | $812.09M |
Deferred Income Tax | $- | $-2.95B | $- | $-611.38M | $-46.88M |
Stock Based Compensation | $- | $47.74M | $54.27M | $55.53M | $46.88M |
Change in Working Capital | $-54.00M | $-208.79M | $-806.44M | $-259.06M | $54.66M |
Accounts Receivables | $- | $-31.61M | $-158.78M | $-334.09M | $153.95M |
Inventory | $- | $-903.55M | $-1.10B | $-225.52M | $-639.86M |
Accounts Payables | $- | $620.96M | $44.18M | $203.90M | $547.94M |
Other Working Capital | $-54.00M | $105.41M | $412.09M | $96.65M | $-7.38M |
Other Non Cash Items | $-525.00M | $8.41B | $-716.21M | $-470.36M | $-259.51M |
Net Cash Provided by Operating Activities | $5.38B | $9.29B | $4.22B | $2.91B | $3.18B |
Investments in Property Plant and Equipment | $-2.52B | $-2.27B | $-2.45B | $-2.22B | $-3.76B |
Acquisitions Net | $259.00M | $4.45B | $-231.88M | $-586.98M | $2.22M |
Purchases of Investments | $- | $- | $-1.86B | $-5.00M | $-13.93M |
Sales Maturities of Investments | $- | $4.50B | $1.86B | $98.03M | $-2.22M |
Other Investing Activities | $97.00M | $-4.91B | $53.54M | $-108.67M | $21.82M |
Net Cash Used for Investing Activities | $-2.17B | $1.77B | $-2.63B | $-2.83B | $-3.75B |
Debt Repayment | $- | $-7.95B | $7.02B | $423.48M | $1.90B |
Common Stock Issued | $- | $- | $10.91M | $2.67B | $479.95M |
Common Stock Repurchased | $- | $- | $-10.91M | $- | $2.14B |
Dividends Paid | $-4.68B | $-2.75B | $-2.35B | $-2.26B | $-1.47B |
Other Financing Activities | $1.20B | $-2.29B | $-4.50B | $-225.58M | $-1.32B |
Net Cash Used Provided by Financing Activities | $-3.48B | $-12.99B | $164.24M | $602.32M | $553.63M |
Effect of Forex Changes on Cash | $4.00M | $-7.00M | $6.90M | $-5.63M | $7.43M |
Net Change in Cash | $-267.00M | $-1.93B | $2.13B | $678.20M | $-7.54M |
Cash at End of Period | $518.00M | $785.27M | $3.03B | $901.64M | $223.45M |
Cash at Beginning of Period | $785.00M | $2.71B | $901.64M | $223.45M | $230.99M |
Operating Cash Flow | $5.38B | $8.98B | $4.22B | $2.91B | $3.18B |
Capital Expenditure | $-2.52B | $-2.35B | $-2.45B | $-2.22B | $-3.76B |
Free Cash Flow | $2.86B | $6.63B | $1.77B | $684.13M | $-576.50M |
Cash Flow Charts
Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | $910.00M | $839.00M | $858.00M | $821.00M | $1.32B | $2.69B | $1.93B | $2.36B | $-130.87M | $850.00M | $2.55B | $1.39B | $492.94M | $912.00M | $1.04B | $937.00M | $76.64M | $522.20M | $1.58B | $394.60M |
Depreciation and Amortization | $511.00M | $430.00M | $410.00M | $407.00M | $414.00M | $353.00M | $343.00M | $343.00M | $342.69M | $237.00M | $230.00M | $229.00M | $214.68M | $199.00M | $200.00M | $193.00M | $234.29M | $199.20M | $193.60M | $185.00M |
Deferred Income Tax | $- | $- | $- | $- | $-875.74M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Stock Based Compensation | $- | $- | $- | $- | $47.74M | $- | $- | $- | $- | $- | $- | $- | $55.53M | $- | $- | $- | $46.88M | $- | $- | $- |
Change in Working Capital | $250.00M | $82.00M | $-379.00M | $-249.00M | $-666.79M | $358.00M | $61.00M | $-834.00M | $-748.44M | $-85.00M | $97.00M | $-70.00M | $130.94M | $29.00M | $256.00M | $-675.00M | $-42.44M | $-49.20M | $35.80M | $110.50M |
Accounts Receivables | $- | $- | $- | $- | $-31.61M | $- | $- | $- | $- | $- | $- | $- | $-334.09M | $- | $- | $- | $153.95M | $- | $- | $- |
Inventory | $- | $- | $- | $- | $-903.55M | $- | $- | $- | $- | $- | $- | $- | $-225.52M | $- | $- | $- | $-639.86M | $- | $- | $- |
Accounts Payables | $- | $- | $- | $- | $936.75M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Other Working Capital | $250.00M | $82.00M | $-379.00M | $-534.00M | $-668.38M | $358.00M | $61.00M | $-834.00M | $-748.44M | $-85.00M | $97.00M | $-70.00M | $486.65M | $29.00M | $256.00M | $-675.00M | $-104.38M | $-49.00M | $36.00M | $110.00M |
Other Non Cash Items | $-84.00M | $-265.00M | $505.00M | $958.00M | $1.83B | $-425.00M | $-110.00M | $-386.00M | $734.06M | $422.00M | $-1.65B | $-166.00M | $-122.21M | $-192.00M | $-393.00M | $-318.00M | $-237.91M | $62.20M | $-686.80M | $603.10M |
Net Cash Provided by Operating Activities | $1.59B | $1.09B | $1.39B | $1.12B | $2.07B | $2.98B | $2.23B | $1.49B | $197.44M | $1.42B | $1.22B | $1.38B | $716.35M | $948.00M | $1.11B | $137.00M | $30.59M | $734.40M | $1.12B | $1.29B |
Investments in Property Plant and Equipment | $-495.00M | $-1.02B | $-631.00M | $-379.00M | $-557.81M | $-420.00M | $-676.00M | $-615.00M | $-259.01M | $-686.00M | $-762.00M | $-558.00M | $-2.13B | $- | $- | $- | $-1.73B | $- | $- | $- |
Acquisitions Net | $259.00M | $- | $- | $- | $-4.53B | $4.45B | $45.00M | $-671.00M | $-1.98B | $-107.00M | $- | $- | $-326.80M | $- | $- | $- | $- | $- | $- | $- |
Purchases of Investments | $- | $- | $- | $- | $-109.51M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Sales Maturities of Investments | $- | $- | $- | $- | $4.45B | $- | $45.00M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Other Investing Activities | $7.00M | $133.00M | $7.00M | $-50.00M | $-14.02M | $-118.00M | $-303.00M | $705.00M | $1.70B | $3.00M | $26.00M | $-565.00M | $-854.84M | $-964.00M | $-518.00M | $-490.00M | $-505.89M | $-2.29B | $-520.00M | $-433.80M |
Net Cash Used for Investing Activities | $-229.00M | $-885.00M | $-624.00M | $-429.00M | $-761.95M | $3.92B | $-934.00M | $-581.00M | $-542.23M | $-790.00M | $-736.00M | $-565.00M | $-854.84M | $-964.00M | $-518.00M | $-490.00M | $-505.89M | $-2.29B | $-520.00M | $-433.80M |
Debt Repayment | $- | $994.00M | $4.18B | $-774.00M | $- | $-6.72B | $1.29B | $-1.40B | $6.38B | $-782.00M | $2.07B | $-588.00M | $491.48M | $241.00M | $-640.00M | $425.00M | $- | $1.61B | $-511.70M | $-824.60M |
Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $- | $-11.00M | $- | $1.00M | $10.00M | $- | $- | $2.68B | $- | $- | $- | $- | $- |
Common Stock Repurchased | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $-16.22M | $- | $- | $- | $- | $- | $- | $- |
Dividends Paid | $- | $-37.00M | $-4.64B | $- | $-39.57M | $-14.00M | $-2.69B | $- | $-32.05M | $-32.00M | $-2.36B | $- | $-10.16M | $- | $-2.26B | $- | $-1.48B | $- | $-10.90M | $- |
Other Financing Activities | $-1.33B | $-1.31B | $-340.00M | $-32.00M | $-1.23B | $-558.00M | $-345.00M | $-922.00M | $-4.20B | $-110.00M | $-157.00M | $-101.00M | $-107.58M | $-37.00M | $-92.00M | $-82.00M | $2.01B | $-79.00M | $-78.30M | $-82.40M |
Net Cash Used Provided by Financing Activities | $-1.33B | $-350.00M | $-807.00M | $-806.00M | $-1.27B | $-7.30B | $-1.75B | $-2.32B | $2.21B | $-914.00M | $-452.00M | $-679.00M | $367.32M | $204.00M | $-311.00M | $343.00M | $528.03M | $1.53B | $-600.50M | $-907.30M |
Effect of Forex Changes on Cash | $- | $13.00M | $-3.00M | $-6.00M | $-2.09M | $-9.00M | $-6.00M | $10.00M | $9.90M | $-6.00M | $17.00M | $-14.00M | $2.37M | $-1.00M | $1.00M | $-8.00M | $1.43M | $-2.90M | $-5.60M | $14.50M |
Net Change in Cash | $28.00M | $-137.00M | $-40.00M | $-118.27M | $34.27M | $-33.00M | $163.00M | $-1.09B | $2.24B | $-286.00M | $48.00M | $123.00M | $231.64M | $186.00M | $278.00M | $-17.00M | $54.15M | $-22.90M | $-5.40M | $-33.40M |
Cash at End of Period | $518.00M | $490.00M | $627.00M | $667.00M | $785.27M | $751.00M | $1.16B | $1.62B | $3.03B | $787.00M | $1.07B | $1.02B | $901.64M | $670.00M | $484.00M | $206.00M | $223.45M | $169.30M | $192.20M | $197.60M |
Cash at Beginning of Period | $490.00M | $627.00M | $667.00M | $785.27M | $751.00M | $784.00M | $1.00B | $2.71B | $787.00M | $1.07B | $1.02B | $902.00M | $670.00M | $484.00M | $206.00M | $223.00M | $169.30M | $192.20M | $197.60M | $231.00M |
Operating Cash Flow | $1.59B | $1.09B | $1.19B | $1.12B | $2.07B | $2.98B | $2.23B | $1.49B | $197.44M | $1.42B | $1.22B | $1.38B | $716.35M | $948.00M | $1.11B | $137.00M | $30.59M | $734.40M | $1.12B | $1.29B |
Capital Expenditure | $-495.00M | $-1.02B | $-631.00M | $-379.00M | $-557.81M | $-420.00M | $-676.00M | $-615.00M | $-259.01M | $-686.00M | $-762.00M | $-558.00M | $-2.13B | $- | $- | $- | $-1.73B | $- | $- | $- |
Free Cash Flow | $1.09B | $68.00M | $563.00M | $744.00M | $1.51B | $2.56B | $1.55B | $871.00M | $-61.56M | $738.00M | $458.00M | $823.00M | $-1.41B | $948.00M | $1.11B | $137.00M | $-1.70B | $734.40M | $1.12B | $1.29B |

SalMar ASA, an aquaculture company, produces and sells farmed salmon in Asia, the United States, Canada, Norway, rest of Europe, and internationally. It is involved in the broodfish, lumpfish, and smolt production activities; and marine-phase farming, harvesting, packaging, processing, and selling farmed salmon. The company sells its products to importers/exporters, processing companies, and retail chains through in-house sales force and/or through partners. SalMar ASA was founded in 1991 and is headquartered in Kverva, Norway.
$12.15
Stock Price
$6.50B
Market Cap
-
Employees
Kverva, None
Location
Revenue (FY 2024)
$26.43B
-6.4% YoY
Net Income (FY 2024)
$2.97B
-7.3% YoY
EPS (FY 2024)
$5.62
-7.6% YoY
Free Cash Flow (FY 2024)
$2.86B
-56.9% YoY
Profitability
Gross Margin
50.4%
Net Margin
11.2%
ROE
16.6%
ROA
5.5%
Valuation
P/E Ratio
24.02
P/S Ratio
2.70
EV/EBITDA
12.44
Market Cap
$6.50B
Revenue & Net Income
Profit Margins
Cash Flow Summary
Operating Cash Flow
$5.38B
-40.0% YoY
Free Cash Flow
$2.86B
-56.9% YoY
Balance Sheet Summary
Total Assets
$54.43B
2.1% YoY
Total Debt
$19.01B
20.8% YoY
Shareholder Equity
$17.93B
12.1% YoY
Dividend Overview
$0.80
Latest Dividend
%
Dividend Yield
%
Payout Ratio
Recent Dividend History
Date | Amount | Type |
---|---|---|
2024-06-10 | $0.80 | June 10, 24 |
2023-06-09 | $0.46 | June 09, 23 |
2022-06-09 | $0.56 | June 09, 22 |
2021-06-09 | $0.59 | June 09, 21 |
2020-12-07 | $0.37 | December 07, 20 |
2019-06-06 | $0.66 | June 06, 19 |
SalMar ASA Dividends
Explore SalMar ASA's dividend history, including dividend yield, payout ratio, and historical payments.
Dividend Yield
6.57%
Dividend Payout Ratio
157.73%
Dividend Paid & Capex Coverage Ratio
0.75x
SalMar ASA Dividend History
Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
---|---|---|---|---|---|
$0.796 | $0.796 | June 10, 2024 | June 10, 2024 | July 05, 2024 | |
$0.459 | $0.459 | June 09, 2023 | June 12, 2023 | July 07, 2023 | |
$0.556 | $0.556 | June 09, 2022 | June 10, 2022 | July 07, 2022 | |
$0.589 | $0.589 | June 09, 2021 | June 10, 2021 | July 07, 2021 | |
$0.37305 | $0.37305 | December 07, 2020 | December 08, 2020 | December 31, 2020 | |
$0.65796 | $0.65796 | June 06, 2019 | June 07, 2019 | July 03, 2019 |
SalMar ASA News
Read the latest news about SalMar ASA, including recent articles, headlines, and updates.
SalMar - Integrated annual report 2024
With reference to the stock exchange notice regarding board approval of final 2024 year-end financial statement on Wednesday 9 April 2025. Please find attached the 2024 integrated Annual report, including sustainability reporting in accordance with CSRD, for SalMar ASA.

SalMar - Key information relating to the cash dividend paid by SalMar ASA
Dividend amount: 22.0 per shareDeclared currency: NOK Last day including right: 18.06.2025Ex-date: 19.06.2025Record date: 20.06.2025Payment date: On or about 02.07.2025Date of approval: 18.06.2025 For more information, please contact:Håkon Husby, Head of Investor RelationsTel: +47 936 30 449 Email: hakon.husby@salmar.no This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

SalMar - Final year-end financial statements for 2024 approved by the board of directors
9 April 2025, the board of directors of SalMar ASA has reviewed and approved the final year-end financial statements for 2024. Final accounts and proposed dividend of NOK 22 per share are not altered from preliminary figures published on 18 February 2025.

SalMar ASA: H2 2025 Will Need To Carry Weak H1 Volumes Expected
SalMar faced biological challenges like jellyfish and sea lice, leading to lower weights, prices, and volumes, impacting EBIT negatively, except in Scotland. Elevated costs and lower volumes are expected in H1 2025, despite slight improvements in biological conditions and investments in new technologies. The Scottish segment and sales/industry businesses showed resilience, leveraging distinct geography and value-add processing to increase optionality of large forced harvests respectively.

SalMar – Satisfactory results and good biological development towards the end of the quarter
“Throughout the quarter, we have seen good biological development in the sea, especially in Northern Norway. Together with the solid structure we have in SalMar, and thanks to our employees who have handled a challenging year in an impressive way, we deliver good financial results in the period. With better biological status, the outlook for 2025 looks brighter compared to last year,” says Frode Arntsen, CEO of SalMar ASA

SalMar - Green Bond Mandate Announcement and Fixed Income Investor Meetings
SalMar ASA, rated BBB+/Stable by Nordic Credit Rating, has mandated Danske Bank, DNB Markets, Nordea and SEB as Global Coordinators and Joint Lead Managers and Rabobank as Joint Lead Manager to arrange a series of physical and virtual fixed income investor meetings commencing on Wednesday 22 January 2025. One or more NOK denominated senior unsecured green bond issues, with fixed and/or floating coupon and a minimum tenor of 5 years may follow, subject to inter alia market conditions.

SalMar - 2024 share-based incentive scheme for senior executives and key personnel
In accordance with the authorization granted by the AGM on 6 June 2024, the board of directors of SalMar ASA has decided to establish a share-based incentive scheme (Restricted Share Unit Plan) for senior executives and key personnel employed by the company and its subsidiaries. The scheme encompasses up to 300 000 shares and has a duration of three years. The company's liability with respect to the scheme will be met through existing holdings of treasury shares. As of 19 December 2024, SalMar ASA holds 114 554 treasury shares.

SalMar - Sale by primary insiders in connection with release of employee restricted share units completed
Reference is made to the stock exchange announcement published by SalMar ASA ("the Company") on 19 November 2024 regarding the release of shares to participants in the Company's RSU program, and the participants ordering a third party to immediately sell a portion of the received shares in order to cover the tax liability.

SalMar - Release of employee restricted share units
1. Participants in the Company's RSU program have on November 19th 2024, settled a total number of 155 752 RSUs. Following the release, 155 752 shares will be transferred from the Company's holding of own shares. Subsequent to the transaction the Company holds 114 554 own shares.

SalMar ASA (SALRF) Q3 2024 Earnings Call Transcript
SalMar ASA (OTCPK:SALRF) Q3 2024 Earnings Conference Call November 18, 2024 4:00 AM ET Company Participants Frode Arntsen - Chief Executive Officer Ulrik Steinvik - Chief Financial Officer Conference Call Participants Frode Arntsen Good morning, everyone and welcome to the presentation of SalMar's Results for the Third Quarter of 2024. My name is Frode Arntsen and I am the CEO of the company and with me today I have the CFO, Ulrik Steinvik.

SalMar - Satisfactory financial results despite a period marked by biological challenges
“Although the results are affected by challenges at sea, the results also show that the structure we have at SalMar is solid and rigged to handle challenging periods, which makes the financial results acceptable during the period. Going forward, we are fully focused on improving performance and realizing the potential we see in the value chain”, says Frode Arntsen, CEO of SalMar ASA.

SalMar: Biological Threats May Hamper Q3 And Q4
SalMar ASA guidance will be tough to meet this year, we believe, based on some early data, but more importantly on reports of emerging biological threats of sea lice and jellyfish. These being difficult to predict, unforeseen and relatively recent news might bode badly for the incoming Q3, but even more so for the Q4 results which contain this beleaguered period. We see challenges on the horizon that could impact the efficiency and flexibility of salmon harvests.

SalMar - Extension of Commercial Paper
Reference is made to the stock exchange notice sent Tuesday 10 September 2024.SalMar ASA (rated BBB+ by Nordic Credit Rating) has completed a NOK 500,000,000 tap issue of its commercial paper NO0013334847 to a total outstanding amount of NOK 1 bn. Settlement date: 13 September 2024 Maturity date: 13 March 2025 Coupon: 5.13 % p.a. Manager: DNB Markets

SalMar ASA (SALRF) Q2 2024 Earnings Call Transcript
SalMar ASA (OTCPK:SALRF) Q2 2024 Earnings Conference Call August 20, 2024 4:00 AM ET Company Participants Frode Arntsen - Chief Executive Officer Ulrik Steinvik - Chief Financial Officer Frode Arntsen Good morning, everyone, and welcome to the presentation of SalMar results for the Second Quarter of 2024. My name is Frode Arntsen and I am the CEO of SalMar. And with me today, we have our CFO, Ulrik Steinvik.

SalMar – Positive biological development after a challenging winter season
“SalMar showed solid operational performance, improved biological results and delivered acceptable financial results in a period marked by the aftermath of a challenging winter season. Strong commitment from all segments has resulted in a positive development of key performance indicators.” said Frode Arntsen, CEO of SalMar ASA.

SalMar: Jellyfish Strike Quarter's Volumes
SalMar saw improvements in Scottish businesses, but faced biological issues in Northern Norway and Iceland impacting volumes and profits. Despite plans to organically grow operational EBIT to get ahead of the higher taxes, we think environmental conditions will see them fall a little short for this year. Jellyfish effects are forcing less efficient harvest and hampering profits.

SalMar – Mandatory notification of trade
Eva Haugen primary insider and director quality management/HSE, has 21.05.2024 sold 7 900 shares in SalMar at a price of 665 NOK per share. After the transaction Eva Haugen owns 0 shares and 3,233 Restricted Share Units in SalMar. Please see attached document in accordance with the Market Abuse Regulation article 19.

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