The Scottish Salmon Company PLC Announces Audited Earnings and Operating Results for the Fourth Quarter and Year of 2017; Provides Operating Guidance for the Fiscal Year 2018
For the year, the company reported net operating revenues of £150,946,000 compared to £109, 921,000 a year ago. EBITDA before fair value adjustments were £38,669,000 compared to £8, 939,000 a year ago. EBIT before fair value adjustments was £30,476,000 compared to £672,000 a year ago. NIBD was £25,272,000 against £42,904,000 a year ago.
For the quarter, the company harvest volumes were 6,874 tonnes compared with 5,733 tonnes for the same period a year ago.
For the year, the company harvest volumes were 25,272 tonnes compared with 24,342 tonnes for the same period a year ago.
The company will continue its guides on a harvest volume of 26,500 tonnes in 2018.