UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For January 18, 2017
Commission File Number: 001-36275
Marine Harvest ASA
(Translation of registrant's name into English)
P.O. Box 4102 Sandviken
5835 Bergen, Norway
(Address of principal executive office)
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 [ ]
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant's "home country"), or under the rules of the home country exchange on which the registrant's securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant's security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.
On January 18, 2017, the Registrant issued a press release, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
(c) Exhibit 99.1. Press release dated January 18, 2017
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: January 18, 2017 | /s/ Ivan Vindheim | |
Ivan Vindheim | ||
Chief Financial Officer | ||
EXHIBIT 99.1
Marine Harvest ASA (OSE:MHG, NYSE:MHG): Q4 2016 Trading update
Harvest volumes Q4 2016 (1)
Farming Norway | 64 | thousand tonnes |
Farming Scotland | 12 | thousand tonnes |
Farming Canada | 9.5 | thousand tonnes |
Farming Chile | 7.5 | thousand tonnes |
Other | 7 | thousand tonnes |
Total | 100 | thousand tonnes |
In connection with the presentation of the Q3 2016 results, Marine Harvest guided a total harvest volume of 100 thousand tonnes (GWE) for Q4 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 257 million (EUR/NOK 9.0327) in Q4 2016 (EUR 90 million in Q4 2015, EUR/NOK 9.3351).
Total operational EBIT per kg through the value chain were approximately as follows for the main sources of origin:
Norway | EUR | 2.70 |
Scotland | EUR | 1.85 |
Canada | EUR | 3.30 |
Chile | EUR | 2.60 |
Operational EBIT per kg through the value chain for Chile in the quarter is positively impacted by approximately EUR 0.55 per kg related to sale of fixed assets.
Reported net interest bearing debt (NIBD) was approximately EUR 890 million (EUR/NOK 9.0793) at the end of the quarter.
The complete Q4 2016 report will be released on 15 February at 06:30 CET.
This stock exchange 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 release are based on information available at the time of the release, and Marine Harvest assumes no obligation to update any forward- looking statement. Please refer to the interim report on form 6-K for detailed descriptions and reconciliations of non-IFRS measures such as Operational EBIT and NIBD.
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.