{"id":5848,"date":"2023-02-15T05:30:00","date_gmt":"2023-02-15T05:30:00","guid":{"rendered":"https:\/\/www.arcticfish.is\/mfn_news\/q4-2022-growth-and-investments-on-track\/"},"modified":"2023-02-15T05:30:00","modified_gmt":"2023-02-15T05:30:00","slug":"q4-2022-growth-and-investments-on-track","status":"publish","type":"mfn_news","link":"https:\/\/www.arcticfish.is\/is\/mfn_news\/q4-2022-growth-and-investments-on-track\/","title":{"rendered":"Q4 2022: Growth and investments on track"},"content":{"rendered":"<pre>The company continued to invest in its growth projects, both the smolt expansion<br>in Talknafjordur and the harvesting facility in Bolungarvik. Total capital<br>expenditure amounted to 114 MNOK in the quarter and a total of 447 MNOK for the<br>year. The company will also continue<br>to invest more in its growth projects over the next couple of quarters and thus<br>securing larger parts of the value chain, improving operational scale,<br>mitigating biological risk, and ultimately increasing overall competitiveness.<br>As for the operations, market prices amounted to 74.7 NOK pr. kg in<br>the quarter. The production costs increased to 52.3 NOK pr. kg which is<br>higher than the costs in the previous quarter of 49.1 NOK pr. kg. A farming EBIT<br>margin of 22.4 NOK<br>pr. kg harvested was achieved which is higher than the 10.1 NOK pr. kg<br>EBIT margin achieved in Q4 2021. <br>Within the quarter the company harvested 1,343 tonnes, a decrease compared<br>to the same period last year when harvested quantities were 2,938 tonnes. <br>Revenues amounted to 100 MNOK and an operational EBIT of 27 MNOK in the quarter<br>was reached. <br><br>A notable event in the quarter was also MOWI's purchase of 51.28% of the<br>company. <br><br>The presentation materials and an interim report are attached to this notice and<br>can also be found on the company website.<br><\/pre>\n<div class=\"mfn-footer\"><\/div>\n<script>\n                Array.prototype.slice.call(document.querySelectorAll(\".mfn-footer.mfn-attachment\")).forEach(function (el) { el.remove() });\n            <\/script>\n        <div class=\"mfn-attachments-container\"><\/div>","protected":false},"excerpt":{"rendered":"<p>The company continued to invest in its growth projects, both the smolt expansionin Talknafjordur and the harvesting facility in Bolungarvik. Total capitalexpenditure amounted to 114 MNOK in the quarter and a total of 447 MNOK for theyear. The company will also continueto invest more in its growth projects over the next couple of quarters and [&hellip;]<\/p>","protected":false},"featured_media":0,"template":"","class_list":["post-5848","mfn_news","type-mfn_news","status-publish","hentry","mfn-news-tag-mfn-lang-en","mfn-news-tag-mfn-type-ir","mfn-news-tag-mfn","mfn-news-tag-mfn-regulatory"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Q4 2022: Growth and investments on track - &lt;\u00b0)))&gt;{<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"is_IS\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Q4 2022: Growth and investments on track - &lt;\u00b0)))&gt;{\" \/>\n<meta property=\"og:description\" content=\"The company continued to invest in its growth projects, both the smolt expansionin Talknafjordur and the harvesting facility in Bolungarvik. Total capitalexpenditure amounted to 114 MNOK in the quarter and a total of 447 MNOK for theyear. The company will also continueto invest more in its growth projects over the next couple of quarters and [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.arcticfish.is\/is\/mfn_news\/q4-2022-growth-and-investments-on-track\/\" \/>\n<meta property=\"og:site_name\" content=\"&lt;\u00b0)))&gt;{\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/www.arcticfish.is\/wp-content\/uploads\/2023\/11\/AF_primary_staflad-blatt-graent.png?fit=2048%2C1301&ssl=1\" \/>\n\t<meta property=\"og:image:width\" content=\"2048\" \/>\n\t<meta property=\"og:image:height\" content=\"1301\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.arcticfish.is\/mfn_news\/q4-2022-growth-and-investments-on-track\/\",\"url\":\"https:\/\/www.arcticfish.is\/mfn_news\/q4-2022-growth-and-investments-on-track\/\",\"name\":\"Q4 2022: Growth and investments on track - &lt;\u00b0)))&gt;{\",\"isPartOf\":{\"@id\":\"https:\/\/www.arcticfish.is\/#website\"},\"datePublished\":\"2023-02-15T05:30:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.arcticfish.is\/mfn_news\/q4-2022-growth-and-investments-on-track\/#breadcrumb\"},\"inLanguage\":\"is\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.arcticfish.is\/mfn_news\/q4-2022-growth-and-investments-on-track\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.arcticfish.is\/mfn_news\/q4-2022-growth-and-investments-on-track\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.arcticfish.is\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"MFN News Items\",\"item\":\"https:\/\/www.arcticfish.is\/mfn_news\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Q4 2022: Growth and investments on track\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.arcticfish.is\/#website\",\"url\":\"https:\/\/www.arcticfish.is\/\",\"name\":\"Arctic Fish\",\"description\":\"Sustainable Salmon Farming\",\"publisher\":{\"@id\":\"https:\/\/www.arcticfish.is\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.arcticfish.is\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"is\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.arcticfish.is\/#organization\",\"name\":\"Arctic Fish\",\"url\":\"https:\/\/www.arcticfish.is\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"is\",\"@id\":\"https:\/\/www.arcticfish.is\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/i0.wp.com\/www.arcticfish.is\/wp-content\/uploads\/2023\/11\/AF_primary_staflad-blatt-graent.png?fit=2048%2C1301&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/www.arcticfish.is\/wp-content\/uploads\/2023\/11\/AF_primary_staflad-blatt-graent.png?fit=2048%2C1301&ssl=1\",\"width\":2048,\"height\":1301,\"caption\":\"Arctic Fish\"},\"image\":{\"@id\":\"https:\/\/www.arcticfish.is\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Q4 2022: Growth and investments on track - &lt;\u00b0)))&gt;{","robots":{"index":"noindex","follow":"follow"},"og_locale":"is_IS","og_type":"article","og_title":"Q4 2022: Growth and investments on track - &lt;\u00b0)))&gt;{","og_description":"The company continued to invest in its growth projects, both the smolt expansionin Talknafjordur and the harvesting facility in Bolungarvik. 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