OB:AUSSFood
Austevoll Seafood (OB:AUSS) Stock Confronts Margin Squeeze Despite Revenue Growth
Austevoll Seafood closed today at NOK83.30 after a choppy week that left the stock down about 5% over seven days. The market reacted to headline margin pressure, with trailing net profit margin now 2.4% compared with 6.4% a year earlier, and a dividend yield of 7.8% that is not well covered by recent earnings. The bigger story for long term investors is the gap between that weak profitability and forecasts that point to stronger earnings growth. This earnings print puts that margin squeeze at...