Austevoll Seafood ASA
OSE:AUSS

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Austevoll Seafood ASA
OSE:AUSS
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Price: 96.6 NOK 0.16% Market Closed
Market Cap: 19.6B NOK
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Austevoll Seafood ASA
Investor Relations

Austevoll Seafood ASA, a prominent player in the global seafood industry, began its journey in the fjords of Norway, capitalizing on the rich maritime heritage of the region. Founded in 1981, the company skillfully navigated from a family-owned business into a global entity, keeping its roots firmly planted in sustainable and responsible marine practices. Austevoll's comprehensive business model spans the entire seafood value chain, from fish meal and oil production to aquaculture and fishing. This has allowed them to create an integrated operation that maximizes efficiency and reduces dependency on external suppliers. Such a vertically integrated approach is not merely a business choice but a strategic asset, facilitating tighter control over quality, supply chain, and cost management, ensuring a steady flow of high-quality products to the market.

The financial heart of Austevoll Seafood beats strongly on two fronts: pelagic fishery and salmon farming. The pelagic fishery aspect deals with species like herring and mackerel, caught in the North Atlantic Ocean and processed into products like fish meal and oil, which are in high demand for animal feed and industrial applications. On the other side, salmon farming is a major contributor to their revenue. Leveraging Norway's favorable coastal conditions, they produce premium Atlantic salmon, valued for its taste and nutritional qualities. This dual engine of processing and farming provides a diversified revenue stream, enabling Austevoll to weather market fluctuations while continually exploring innovations in sustainable seafood production, thereby solidifying its position in the industry.

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Management

Mr. Arne Mogster
CEO & President
No Bio Available
Ms. Britt Kathrine Drivenes
Chief Financial Officer
No Bio Available
Mr. Tom Tynan
Chief Operating Officer
No Bio Available
Mr. Tore Reed Mohn
Director of Legal Affairs
No Bio Available
Mr. Henning Kolbjørn Beltestad
Chief Executive Officer of Lerøy Seafood Group ASA
No Bio Available
Mr. Andrew Dark
Chief Financial Officer of Austral Group SAA (Peru)
No Bio Available

Contacts

Address
HORDALAND
Storebo
Alfabygget
Contacts
+4756181000.0
www.auss.no