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Masoval sets $30m CAPEX target as Q4 earnings, biomass disappoint

The NOK 320m CAPEX forecast for 2024 is likely driven by the group's processing reshuffle, according to analyst Fearnley Securities

By Dan Gibson | Feb. 27, 2024 10:05 GMT
Credit: Masoval
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Integrated Norwegian salmon farmer Masoval reported lower than expected earnings and year-end biomass in its full-year results for 2023, while its capital expenditure (CAPEX) guidance for this year comes in much higher than analyst's projections [...]

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