tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Måsøval Group Faces Market Challenges with Strategic Growth Initiatives

Story Highlights
Måsøval Group Faces Market Challenges with Strategic Growth Initiatives

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Masoval AS ( (DE:9QP) ) just unveiled an update.

Måsøval Group reported a significant drop in EBIT per kilo in its farming segment due to lower salmon prices and increased global supply, impacting market fundamentals. Despite challenges such as high sea temperatures and increased sea lice pressure, the company is optimistic about its positioning, having secured a strategic smolt collaboration and an educational license, which are expected to bolster future growth and operational capacity.

More about Masoval AS

Måsøval is a fully integrated producer of Atlantic salmon with over 50 years of experience, based on the island of Frøya in Central Norway. The company manages the entire value chain from smolt production to sea-based farming, harvesting, processing, and global sales, ensuring operational efficiency and consistent delivery of premium salmon to the global market. Måsøval is dedicated to sustainable growth, fish welfare, and long-term value creation.

Average Trading Volume: 32,456

Current Market Cap: NOK2.76B

For an in-depth examination of 9QP stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1