0001171843-16-012471.txt : 20161017 0001171843-16-012471.hdr.sgml : 20161017 20161017060515 ACCESSION NUMBER: 0001171843-16-012471 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20161017 FILED AS OF DATE: 20161017 DATE AS OF CHANGE: 20161017 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Marine Harvest ASA CENTRAL INDEX KEY: 0001578526 STANDARD INDUSTRIAL CLASSIFICATION: FISHING, HUNTING & TRAPPING [0900] IRS NUMBER: 000000000 STATE OF INCORPORATION: Q8 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-36275 FILM NUMBER: 161937920 BUSINESS ADDRESS: STREET 1: SANDVIKSBODENE 77 A/B CITY: BERGEN STATE: Q8 ZIP: 5035 BUSINESS PHONE: 47 21 56 23 00 MAIL ADDRESS: STREET 1: SANDVIKSBODENE 77 A/B CITY: BERGEN STATE: Q8 ZIP: 5035 FORMER COMPANY: FORMER CONFORMED NAME: Marine Harvset ASA DATE OF NAME CHANGE: 20130604 6-K 1 f6k_101716.htm FORM 6-K

 

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

____________________________________

 

FORM 6-K

 

REPORT OF A FOREIGN ISSUER

PURSUANT TO RULE 13A-16 OR 15D-16

OF THE SECURITIES EXCHANGE ACT OF 1934

 

For October 17, 2016

____________________________________

 

Marine Harvest ASA

 

P.O. Box 4102 Sandviken

5835 Bergen, Norway

(Address of principal executive offices)

____________________________________

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F x   Form 40-F o

 

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

 

Yes o   No x

 

If ‘‘Yes’’ is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):

 

 

 1 

 

  

Exhibits

 

99.1 Press Release

 

 

 

 

 

 

 2 

 

 

SIGNATURES

  

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  MARINE HARVEST ASA (Registrant)
       
Date: October 17, 2016 By: /s/ Ivan Vindheim  
    Ivan Vindheim  
    Chief Financial Officer  

 

 

 

 

 

 

 

3

 

 

EX-99.1 2 exh_991.htm EXHIBIT 99.1

Exhibit 99.1 

Marine Harvest ASA (OSE:MHG, NYSE:MHG): Q3 2016 Trading update

Harvest volumes Q3 2016 (1)

Farming Norway 64 thousand tonnes
Farming Scotland 10 thousand tonnes
Farming Canada 10 thousand tonnes
Farming Chile 7 thousand tonnes
Other 6 thousand tonnes
Total 97 thousand tonnes

In connection with the presentation of the Q2 2016 results, Marine Harvest guided a total harvest volume of 94 thousand tonnes (GWE) for Q3 2016.

Note:
(1) The harvest volumes are provided in gutted weight equivalents (GWE). The figures include salmonid species only.

Additional information

Operational EBIT for the Group was approximately EUR 178 million (EUR/NOK 9.2980) in Q3 2016 (EUR 77.9 million in Q3 2015, EUR/NOK 9.2463).

Total operational EBIT per kg through the value chain were approximately as follows for the main sources of origin:

Norway EUR   2.00
Scotland EUR   0.60
Canada EUR   2.60
Chile EUR   1.40

Reported net interest bearing debt (NIBD) was approximately EUR 880 million (EUR/NOK 8.9644) at the end of the quarter.

Volume guidance for Q4 2016 and 2017

The updated guidance for Q4 2016 has been reduced as a consequence of biological challenges.

Figures in thousand tonnes Q4 2016 2016 
full year
Deviation 2017
full year
Farming Norway 62 234 -19 252
Farming Scotland 14 47 -2 51
Farming Canada 10 44 - 42
Farming Chile 7 37 1 45
Other 7 19 1 13
Total 100 381 -19 403

The complete Q3 2016 report will be released on 2 November at 06:30 CET.

This press release may be deemed to include forward-looking statements, such as statements that relate to salmonid production volume.  Actual events could differ materially from those indicated by these statements because the realization of those events is subject to many risks and uncertainties. Factors that could affect actual events include risks associated with fluctuations in salmon prices, risks associated with the supply and demand of salmon, including global economy, salmon prices and consumer preferences and operational risks, in particular those relating to our cost in Norway. All forward-looking statements included in this news release are based on information available at the time of the release, and Marine Harvest assumes no obligation to update any forward- looking statement.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.