Andfjord Salmon Group (OB:ANDF) Second Quarter 2024 Results
Key Financial Results
- Net loss: kr18.8m (loss widened by 3.0% from 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Andfjord Salmon Group Earnings Insights
Looking ahead, revenue is forecast to grow 70% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Food industry in Norway.
Performance of the Norwegian Food industry.
The company's shares are down 1.9% from a week ago.
Risk Analysis
Before you take the next step you should know about the 3 warning signs for Andfjord Salmon Group (1 is a bit concerning!) that we have uncovered.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About OB:ANDF
Andfjord Salmon Group
Engages in the development of land-based farming of Atlantic salmon in Norway.
High growth potential low.