Bakkafrost P/F
BAKKA
ISIN FO0000000179 / Valor 11107971
Bakkafrost P/F
UMushroom community rating:
About company
Bakkafrost P/F is a leading producer of salmon in the Faroe Islands, specializing in the farming, processing, and sale of high-quality salmon products for both domestic and international markets.
Summarized from source with an LLMView SourceSector: Consumer Non-CyclicalsLatest Results (14.08.2024):
Operational EBIT
Bakkafrost P/F reported a total operational EBIT of DKK 710 million for Q1 2024, an increase from DKK 565 million in Q1 2023. The Farming FO segment achieved higher volumes, while the Farming Scotland segment experienced lower harvest volumes compared to the same period last year.
Profit and Revenue
In Q1 2024, Bakkafrost P/F made a profit of DKK 401 million, down from DKK 467 million in Q1 2023. The company's revenue for the Sales & Other segment was DKK 2,850 million, compared to DKK 2,494 million in the previous year.
Harvest Volumes
The total combined harvest for Bakkafrost P/F in Q1 2024 was 21,557 tonnes gutted weight, up from 19,098 tonnes in Q1 2023. The Farming FO segment harvested 14,294 tonnes, while the Farming SCT segment harvested 7,263 tonnes.
Fish Feed Sales
During Q1 2024, Bakkafrost P/F's FOF segment sold 27,046 tonnes of fish feed, an increase from 22,287 tonnes in Q1 2023. The operational EBIT margin for this segment was 24%, up from 17% in the previous year.
Dividend Proposal
The Board of Directors of Bakkafrost P/F has proposed a dividend of DKK 8.70 per share for Q1 2024. This proposal aligns with the company's long-term goal of paying out 30-50% of earnings per share as dividends, reflecting Bakkafrost's strong financial position and solid balance sheet.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
3431 M
Market cap (USD)
55,616
Daily traded volume (Shares)
648.5 / 633.5
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
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Ratings & reviews
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