Latest news with #KnutNesse
Yahoo
26-05-2025
- Business
- Yahoo
AKVA group ASA: Mandatory notifications of trade
In connection with allocation of shares under AKVA group ASA's (the "Company") long term incentive program, the following primary insiders have on May 26, 2025 been distributed shares in the Company as set out below. The distributions are made on the basis of the Company's treasury shares. Following the distributions, the Company's holding of treasury shares amounts to 292,029 shares. - Nesse & Co AS, a company controlled by CEO Knut Nesse, 23,418 shares - Ronny Meinkøhn (CFO), 11,709 shares - Kristian Botnen (COO Sea Based Nordic), 5,260 shares - Johan Fredrik Gjesdal (COO Land Based), 5,260 shares - Glenn Mo (COO Egersund Net), 5,260 shares - Asle Kjetil Bratteli (CDO), 5,260 shares - Ståle Økland (Group Director of Communications and ESG), 5,260 shares - Maren Hognestad Sunde (Group HR Director), 5,260 shares After the allocation, the new shareholdings of the relevant primary insiders are as follows: - Knut Nesse (CEO), directly or through Nesse & Co AS, 294,372 shares - Ronny Meinkøhn (CFO), 35,127 shares - Kristian Botnen (COO Sea Based Nordic), 16,939 shares - Johan Fredrik Gjesdal (COO Land Based), 17,487 shares - Glenn Mo (COO Egersund Net), 15,780 shares - Asle Kjetil Bratteli (CDO), 15,780 shares - Ståle Økland (Group Director of Communications and ESG), 15,780 shares - Maren Hognestad Sunde (Group HR Director), 15,780 shares Please refer to the attached notifications of trading for further details. For more information about the long term incentive program, please refer to the guidelines for determination of wages and other remuneration for the executive management published by the Company on 29 April 2025. This information is subject to the disclosure requirements pursuant to Regulation EU 596/2014 (MAR) article 19 number 3 and the Norwegian Securities Trading Act section 5-12. Dated: 26 May 2025AKVA group ASA Web: CONTACTS: Knut Nesse Chief Executive Officer Phone: +47 51 77 85 00 Mobile: +47 91 37 62 20 E-mail: knesse@ Meinkøhn Chief Financial Officer Phone: +47 51 77 85 00 Mobile: +47 98 20 67 76 E-mail: rmeinkohn@ Attachments KRT 1500 - Johan Fredrik Gjesdal KRT 1500 - Staale Okland KRT 1500 - Asle Bratteli KRT 1500 - Maren Hognestad Sunde KRT 1500 - Glenn Mo KRT 1500 - Kristian Botnen KRT 1500 - Knut Nesse KRT 1500 - Ronny MeinkohnError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22-05-2025
- Business
- Yahoo
AKVA group ASA: Minutes from annual general meeting
The annual general meeting of AKVA group ASA was held today, 22 May 2025. The minutes from the meeting are attached to this notice and will be made available on the company's website, All items on the agenda were approved in accordance with the proposals set out in the notice of the annual general meeting. Dated: 22 May 2025AKVA group ASA Web: CONTACTS: Knut Nesse Chief Executive Officer Phone: +47 51 77 85 00 Mobile: +47 91 37 62 20 E-mail: knesse@ Meinkøhn Chief Financial Officer Phone: +47 51 77 85 00 Mobile: +47 98 20 67 76 E-mail: rmeinkohn@ This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act. Attachments AKVA group ASA - Minutes of AGM 2025 AKVA group ASA - Protokoll fra OGF 2025
Yahoo
05-05-2025
- Business
- Yahoo
AKVA group ASA: New land based contract signed
Reference is made to the stock exchange announcement published on January 14 where AKVA group ASA ('AKVA') was awarded a contract from Laxey EHF ('Laxey') related to a module 2 of a re-use grow-out facility for Atlantic Salmon at Westman Islands, Iceland. The realization of the contract and AKVA's delivery was subject to Laxey obtaining the necessary financing. This condition was met today as Laxey announced a MEUR 130 combined equity and debt financing related to the project. The estimated contract value related to AKVA's delivery to module 2 is MEUR 20. Dated: 5 May 2025AKVA group ASA Web: CONTACTS: Knut Nesse Chief Executive Officer Phone: +47 51 77 85 00 Mobile: +47 91 37 62 20 E-mail: knesse@ Meinkøhn Chief Financial Officer Phone: +47 51 77 85 00 Mobile: +47 98 20 67 76 E-mail: rmeinkohn@ *** This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements according to section 5-12 of the Norwegian Securities Trading Act. The information was submitted for publication by Ronny Meinkøhn (CFO) (contact details as set out above) on 5 May 2025 at 12:30 CET. About AKVA group ASA AKVA group ASA is a global technology and service partner that deliver technology and services that helps solve biological challenges within the aquaculture industry. Good operational performance and fish welfare ensures sustainability and profitability for the customer. This is the premise for everything we deliver, from single components to services and complete installations. In-depth aquaculture knowledge, extensive experience and a high capacity for innovation characterizes and enables us to deliver the best solutions for both land based and sea based fish in to access your portfolio
Yahoo
15-02-2025
- Business
- Yahoo
AKVA Group ASA (FRA:3QI) Q4 2024 Earnings Call Highlights: Record Order Intake and Strategic ...
Q4 Revenue: NOK792 million. Q4 EBIT: NOK23 million. Q4 EBITDA: NOK76 million. Full Year Revenue: Approximately NOK3.5 billion (adjusted). Full Year EBIT: NOK184 million (adjusted). Full Year EBITDA: NOK381 million. Order Intake Q4: NOK1.081 billion, with NOK946 million from sea-based segment. Order Backlog: NOK2.658 billion. Dividend: NOK1 per share for the first half of 2025. Net Interest Bearing Debt Increase: NOK93 million in Q4. Available Cash at End of Q4: NOK471 million. CapEx Q4: NOK59 million. CapEx Full Year: NOK187 million. EBITDA Margin Q4: 9.7%. EBITDA Margin Full Year: 10% for sea-based, 6.5% for land-based. 2025 Revenue Guidance: Approximately NOK4 billion. 2025 EBIT Margin Guidance: Minimum 6%. Warning! GuruFocus has detected 3 Warning Signs with FRA:3QI. Release Date: February 14, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. AKVA Group ASA (FRA:3QI) reported an all-time high quarterly order intake of NOK946 million, driven by the deep farming solution. The company was awarded two new land-based contracts at the start of the year, with significant contract values of EUR20 million and EUR30 million. AKVA Group ASA (FRA:3QI) announced a dividend payment for the first time in three years, reflecting positive expectations for the first half of 2025. The company achieved a full-year EBIT of NOK184 million, representing the highest EBIT in its history. Strong momentum in the Nordic market with a 7% revenue increase in Q4 compared to Q4 2023, and a significant increase in land-based revenue by 53%. Q4 activity level was lower than expected, with revenue of NOK792 million, attributed to late order intake in December. High financial costs in the quarter, including ordinary interests of EUR24 million and currency losses. Digital segment experienced a disappointing top line in Q4, with an 18% reduction in revenue compared to the previous year. Net interest-bearing debt increased by NOK93 million in the quarter, driven by increased networking capital. Challenges in the US market for land-based salmon production due to complicated permit processes. Q: Can you provide a capital expenditure (CapEx) guidance for 2025? A: Yes, the CapEx for 2025 will not exceed that of 2024, which was approximately between NOK160 million and NOK180 million. - Ronny Meinkohn, Chief Financial Officer Q: With the strong order intake for farming, do you foresee any production bottlenecks in the first half of 2025? A: We had a bottleneck related to production, but it has been resolved. We have insourced the production of the Eldom and installed a new production line. We have also strengthened our project organization, so we do not foresee any significant bottlenecks. We expect a fair uptake in revenue for the first half of 2025 compared to 2024. - Knut Nesse, Chief Executive Officer Q: Is there any development in full-scale land-based salmon production? A: Currently, there are no signed contracts for full-scale land-based salmon production. However, we expect interest to return, particularly in China, as the NWA resumes harvesting. We are hopeful for more appetite in China and possibly some movement in the U.S., although it is complicated due to permitting issues. - Knut Nesse, Chief Executive Officer Q: What are the expected normalized margins for the digital segment, and when can we expect them? A: We are currently at around a 20% EBIT margin for the digital business. We believe we can achieve well above a 30% EBIT margin with increased volume, as we have the organization in place to support higher revenue levels. We expect to see improvements gradually throughout the year. - Ronny Meinkohn, Chief Financial Officer Q: Have you observed any synergies from recent digital transactions? A: We have not seen a direct impact on revenue from the Observe acquisition, as we already had a resale agreement. However, we have seen improved margins and plan to utilize Observe's AI capabilities to further develop our digital products. - Ronny Meinkohn, Chief Financial Officer For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Yahoo
07-02-2025
- Business
- Yahoo
AKVA group ASA: Completion of intragroup merger with AKVA group Software AS and Polarcirkel AS
References are made to the stock exchange announcements by AKVA group ASA (AKVA) on 7 November 2024 and 17 December 2024 regarding the intragroup mergers of AKVA's wholly owned subsidiaries AKVA group Software AS and Polarcirkel AS, both as the non-surviving entities with AKVA as the surviving entity. The mergers have now been completed upon the registration of the mergers by the Norwegian Register of Business Enterprises. This information is subject to the disclosure requirements pursuant to section 4.2.4 of Oslo Rule Book II - Issuer Rules, cf. section 5-12 of the Norwegian Securities Trading Act. Dated: 7 February 2025AKVA group ASA Web: CONTACTS: Knut Nesse Chief Executive Officer Phone: +47 51 77 85 00 Mobile: +47 91 37 62 20 E-mail: knesse@ Meinkøhn Chief Financial Officer Phone: +47 51 77 85 00 Mobile: +47 98 20 67 76 E-mail: rmeinkohn@ in to access your portfolio
