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Trading Update Q2 2024
23 Jul 2024 16:40 CEST
Issuer
Salmones Camanchaca S.A.
Consolidated harvest volumes in Q2 2024 for Salmones Camanchaca were 11,643 MT,
all Atlantic.
The average weight rise from 4.4 Kg in Q1 2024 to 5.0 Kg, while the ex-cage cost
fell to USD 4.99 /Kg from USD 5.28 /Kg of Q1 2024.
Sales during Q2 2024 were approximately 11,000 MT of Atlantic and 2,100 MT of
Coho. The inventory of Coho was reduced approximately 50% compared to March 31,
2024.
Atlantic harvest estimate for 2024 is between 46,000 - 48,000 MT and for Coho´s
between 4,000 - 5,000 MT.
All harvest and sales volumes are provided in whole fish equivalent (WFE).
The full Q2 2024 report will be released on 13 August 2024.
For more information, please contact:
Álvaro Marín, Head of IR, alvaro.marin@camanchaca.cl
Fernanda Peñailillo, IR, fernanda.penailillo@camanchaca.cl
Investor Relations, inversionistas@camanchaca.cl
About Salmones Camanchaca
Salmones Camanchaca S.A. is a vertically integrated salmon producer engaged in
breeding, egg production, recirculating hatcheries for Atlantic salmon and
pass-through or lake hatcheries for Pacific salmon (Coho) salmon and Trout, fish
farming sites in estuary, fjord and oceanic waters used mainly for Atlantic
salmon, primary and secondary processing, and marketing and sales of Atlantic
and Coho salmon through five sales offices in its main markets.
The estimated harvest of Atlantic and Coho salmon for 2024 is in the range of
50-53,000 MT WFE and between 58-61,000 MT WFE for 2025. The Company additionally
participates in trout farming through a one third share of a joint venture,
which uses Salmones Camanchaca farming sites in coastal-estuarine waters, and
currently harvest an average of 9,000 MT WFE per year.
Salmones Camanchaca has 1,900 employees on average, 60% of whom work in its
secondary processing and value-added plant. Markets for Atlantic salmon are led
by the USA and Mexico.
More information:
Access the news on Oslo Bors NewsWeb site
Source
Salmones Camanchaca S.A.
Provider
Oslo Børs Newspoint
Company Name
SALMONES CAMANCHACA S.A.
ISIN
NO0012451915
Symbol
SACAM
Market
Euronext Oslo Børs