- Operational EBIT for Leroy in the second quarter was NOK 680 million, surpassing the expected NOK 669.7 million.
- Norway farming achieved a harvested volume of 48,898 tons gutted weight (TGW), exceeding the estimated 46,183 TGW.
- Sjotroll recorded a harvest of 20,881 metric tons.
- Midt achieved a harvest of 16,905 metric tons.
- Aurora significantly increased its harvest to 11,112 metric tons compared to 5,088 metric tons year-over-year.
- Revenue was reported at NOK 8.83 billion, above the projected NOK 8.42 billion.
- EPS (Earnings Per Share) was NOK 0.75, exceeding the expectation of NOK 0.67.
- The yearly forecast for Norway farming harvested volume is set at 195,000 TGW.
- The total forecast for harvest is 211,000 metric tons.
- Analyst ratings for Leroy include 8 buys, 3 holds, and 2 sells.
A look at Leroy Seafood Group Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Leroy Seafood Group is positioned for a solid long-term outlook. With a respectable score of 3 for both Value and Growth, the company is deemed to have a moderate yet stable financial standing and potential for expansion. A promising score of 4 for Dividend highlights Leroy Seafood Group‘s commitment to rewarding shareholders through consistent dividend payouts. Additionally, scores of 3 for Resilience and Momentum suggest the company possesses the ability to navigate challenges effectively and maintain a steady pace in its operations. Overall, Leroy Seafood Group shows promise in terms of financial performance and shareholder value.
Leroy Seafood Group ASA, the parent company overseeing a group of fish and seafood providers with global reach, demonstrates a balanced outlook across key aspects. Operating in the production and distribution of ocean and farmed fish products, Leroy engages with suppliers and buyers worldwide, showcasing its extensive market presence. With subsidiaries in prominent European countries like Denmark, France, and Portugal, Leroy Seafood Group maintains a diversified operational base. The Smartkarma Smart Scores emphasize the company’s commitment to value, growth, dividends, resilience, and momentum, indicating a promising future trajectory for the seafood industry player.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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