{"id":5875,"date":"2022-02-23T05:30:00","date_gmt":"2022-02-23T05:30:00","guid":{"rendered":"https:\/\/www.arcticfish.is\/mfn_news\/afish-a-successful-fourth-quarter-of-2021\/"},"modified":"2022-02-23T05:30:00","modified_gmt":"2022-02-23T05:30:00","slug":"afish-a-successful-fourth-quarter-of-2021","status":"publish","type":"mfn_news","link":"https:\/\/www.arcticfish.is\/is\/mfn_news\/afish-a-successful-fourth-quarter-of-2021\/","title":{"rendered":"AFISH: A successful fourth quarter of 2021"},"content":{"rendered":"<div class=\"mfn-preamble\"><strong><\/strong><\/div>\n<pre>Arctic Fish continued its strong performance in the 4th quarter of 2021. The<br>company harvested and sold more salmon than in any prior year in the history of<br>the company. Harvesting a total of 11,500 tonnes throughout the year and<br>therefore increasing volumes by 54% year over year and harvesting 2,900 tonnes<br>in the quarter. <br><br>The operational farming EBIT amounted to 10.1 NOK pr. kg. The operational EBIT<br>in the quarter amounted to 27.5 MNOK and increased by 40 MNOK year over year.<br>For the year the EBIT amounted to 128 MNOK, with the net profit reaching 152.5<br>MNOK. <br><br>The price achievement in the quarter was the major driver for the good<br>operational farming EBIT with an average price achievement of 56.6 NOK pr. kg.<br>for sold salmon in the quarter, compared to an average price achievement of 38.2<br>NOK pr. kg in Q4 2020.  The company throughout the year 2021 had already<br>established competitive production costs, which can also be attributed to the<br>success seen for the year. <br>Revenues accounted for 166 MNOK in the quarter and total revenue for the year<br>amounted to 595.9 MNOK.<br><br>The company will have a formal presentation of the Q4 results and performance.<br>The management offers shareholders and investors, as well as the general public<br>the possibility to discuss the published documents through the webcast the<br>company will host at 09:00 am GMT \/\/ 10:00, am CET on the 23rd of February 2022.<br> The link to the webcast can be found in the prior announcement or on the<br>company website. <br><br>The presentation materials and an interim report are attached to this notice and<br>can also be found on the<br>company website. https:\/\/www.arcticfish.is\/investor-relations\/ and<br>https:\/\/www.arcticfish.is\/presentations\/<br><br>For further information contact: Neil Shiran Thorisson, CFO,<br>nst@afish.is, +354 8315300<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>Arctic Fish continued its strong performance in the 4th quarter of 2021. Thecompany harvested and sold more salmon than in any prior year in the history ofthe company. Harvesting a total of 11,500 tonnes throughout the year andtherefore increasing volumes by 54% year over year and harvesting 2,900 tonnesin the quarter. The operational farming EBIT [&hellip;]<\/p>","protected":false},"featured_media":0,"template":"","class_list":["post-5875","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>AFISH: A successful fourth quarter of 2021 - &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=\"AFISH: A successful fourth quarter of 2021 - &lt;\u00b0)))&gt;{\" \/>\n<meta property=\"og:description\" content=\"Arctic Fish continued its strong performance in the 4th quarter of 2021. Thecompany harvested and sold more salmon than in any prior year in the history ofthe company. Harvesting a total of 11,500 tonnes throughout the year andtherefore increasing volumes by 54% year over year and harvesting 2,900 tonnesin the quarter. 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