Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last 200.00 NOK
Change Today -0.50 / -0.25%
Volume 118.4K
As of 10:25 AM 05/26/15 All times are local (Market data is delayed by at least 15 minutes).

bakkafrost p/f (BAKKA) Snapshot

Open
202.00 NOK
Previous Close
200.50 NOK
Day High
203.00 NOK
Day Low
198.50 NOK
52 Week High
05/15/15 - 204.50 NOK
52 Week Low
05/27/14 - 103.00 NOK
Market Cap
9.8B
Average Volume 10 Days
164.6K
EPS TTM
14.26 NOK
Shares Outstanding
48.9M
EX-Date
04/13/15
P/E TM
12.4x
Dividend
6.09 NOK
Dividend Yield
3.42%
Current Stock Chart for BAKKAFROST P/F (BAKKA)

Related News

No related news articles were found.

bakkafrost p/f (BAKKA) Related Businessweek News

No Related Businessweek News Found

bakkafrost p/f (BAKKA) Details

P/F Bakkafrost produces and exports salmon products. The company operates through three segments: Fish Farming; Value Added Products; and Fishmeal, Fish Oil and Fish Feed. It is involved in the breeding and on-growing of salmon, as well as the slaughtering, sales, and distribution of salmon; and production and sale of fishmeal, fish oil, and fish feed. The company offers whole Atlantic salmons; private label salmon portions; and salmon by-products, such as belly flaps, salmon heads, salmon backbones, salmon off cuts, and salmon skin. It has operations in the United States, the Far East, Europe, Russia, China, and internationally. P/F Bakkafrost was founded in 1968 and is headquartered in Glyvrar, Denmark.

700 Employees
Last Reported Date: 03/20/15
Founded in 1968

bakkafrost p/f (BAKKA) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

bakkafrost p/f (BAKKA) Key Developments

P/F Bakkafrost Reports Consolidated Earnings Results for the First Quarter Ended March 31, 2015

P/F Bakkafrost reported consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, operating revenues amounted to DKK 613,197,000 compared to DKK 631,311,000 in the first quarter of 2014. Operational EBIT was DKK 234,871,000 compared with DKK 185,503,000 a year ago. Earnings before interest and taxes (EBIT) were DKK 177,068,000 against DKK 135,512,000 a year ago. Earnings before taxes (EBT) were DKK 166,156,000 against DKK 118,000,000 a year ago. Profit attributable to owners of the company was DKK 132,425,000 or DKK 2.17 per diluted share against DKK 87,180,000 or DKK 1.78 per diluted share a year ago. The cash flow from operation was DKK 81,022,000 against DKK 108,339,000 a year ago. The Bakkafrost Group's net interest bearing debt amounted to DKK 226.7 million at the end of first quarter 2015 (DKK 232.7 million at year-end 2014) including deposits and losses on financial derivatives relating to the interest bearing debt. ROE was 6.7% against 5.1% a year ago. Payments made for purchase of fixed assets was DKK 106,497,000 against DKK 17,680,000 a year ago.

P/F Bakkafrost Re-Appoints P/F Januar, løggilt grannskoðanarvirki as an Auditor

P/F Bakkafrost announced at the AGM held on April 11, 2015, it has re-appointed P/F Januar, løggilt grannskoðanarvirki as an auditor.

Bakkafrost Group Proposes Dividend Payable for 2014; Reports Unaudited Consolidated Earnings and Operating Results for the Fourth Quarter and Full Year of 2014; Provides Capex Guidance for the Period 2014 to 2017

Bakkafrost Group reported unaudited consolidated earnings and operating results for the fourth quarter and full Year of 2014. For the quarter, the company’s operating revenue was DKK 757,293,000 compared to DKK 666,644,000 in the same period last year. Operational EBITDA was DKK 40.8 million compared to DKK 21.3 million in the same period last year. Operational EBIT was DKK 227,458,000 compared to DKK 125,871,000 in the same period last year. EBIT was DKK 275,147,000 compared to DKK 166,693,000 in the same period last year. EBT was DKK 314,093,000 compared to DKK 173,942,000 in the same period last year. Profit attributable to owners of the company was DKK 222,441,000 or DKK 4.59 per basic and diluted share compared to DKK 137,866,000 or DKK 2.82 per basic and diluted share in the same period last year. Cash flow from operations was DKK 173,383,000 compared to DKK 187,132,000 in the same period last year. Return on equity of 11.2% compared with 8.5% for the same period a year ago. Payments made for purchase of fixed assets was DDK 103,220,000 against DDK 63,867,000 a year ago. Net interest bearing debt was DKK 232,711,000 compared with DKK 638,563,000 for the same period a year ago. The increase in revenue is due to improved salmon prices on both the spot and the contract market. For the year, the company’s operating revenue was DKK 2,683,319,000 compared to DKK 2,491,081,000 in the same period last year. Operational EBITDA was DKK 181.6 million compared to DKK 125.8 million in the same period last year. Operational EBIT was DKK 833,775,000 compared to DKK 587,010,000 in the same period last year. EBIT was DKK 892,291,000 compared to DKK 701,320,000 in the same period last year. EBT was DKK 899,191,000 compared to DKK 727,351,000 in the same period last year. Profit attributable to owners of the company was DKK 647,105,000 or DKK 13.34 per basic and diluted share compared to DKK 589,218,000 or DKK 12.07 per basic and diluted share in the same period last year. Cash flow from operations was DKK 869,931,000 compared to DKK 517,533,000 in the same period last year. Return on equity of 32.7% compared with 36.5% for the same period a year ago. Net interest bearing debt was DKK 232,711,000 compared with DKK 638,563,000 for the same period a year ago. Payments made for purchase of fixed assets was DDK 229,948,000 against DDK 165,208,000 a year ago. The total volumes harvested in fourth quarter of 2014 were 12,651 tonnes gutted weight against 11,097 tgw a year ago. The total harvested volumes for 2014 were 44,013 tonnes gutted weight against 41,268 tgw a year ago. The total investments for the period 2014-2017 was announced to be DKK 1,370 million including maintenance CAPEX. The future investment over the next three years will be DKK 1,120 million. Included in the investment plan, is a new Harvest VAP factory estimated to DKK 450 million, resulting in operational savings of DKK 70-DKK90 million per year from 2017. The plant will be up running in 2016. The board of directors has decided to propose to the annual general meeting that DKK 6.00 per share shall be paid out as dividend. This corresponds to approximately DKK 293.1 million. The long-term goal of the board of directors is that 30­50% of earnings per share shall be paid out as dividend. The proposed dividend corresponds to 49% of adjusted earnings for 2014 and is at the top end of the range.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
BAKKA:NO 200.00 NOK -0.50

BAKKA Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for BAKKA.
View Industry Companies
 

Industry Analysis

BAKKA

Industry Average

Valuation BAKKA Industry Range
Price/Earnings 12.8x
Price/Sales 3.3x
Price/Book 4.0x
Price/Cash Flow 11.2x
TEV/Sales 3.0x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact BAKKAFROST P/F, please visit www.bakkafrost.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.