Atlantic Sapphire s share price is down nearly 9 percent since the market opened this morning, forcing its market cap below NOK 7 billion are investors losin
Sunburn â The morning read of whatâs hot in Florida politics â 4.19.21
In every Session, there are clear winners and losers, while others prove more elusive to pin down.
Once again, Florida Politics is assembling an (arguably) comprehensive look at who walked away from Sine Die 2021 victorious, who tanked, and who landed somewhere in between.
Of course, there is the one bill lawmakers must pass: Floridaâs upcoming state budget.
Crafted in the ever-present shadow of COVID-19, a budget for the fiscal year 2021-2022 came with a new wrinkle â the stateâs slice of a massive federal relief pie. Who does it help, or maybe hurt?
CEO Johan Andreassen told viewers during an online presentation that his Norwegian company has tapped Wharton-Smith to take over as its general contractor
Atlantic Sapphire sees $220m wiped off market cap in wake of Q1 update
By
April 16, 2021 10:31 BST
Atlantic Sapphire has seen its share price on the Oslo Stock Exchange plummet since the release of its first quarter update on April 15, with approximately $220 million wiped off its market cap in just 24 hours [.]
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Land-based salmon producer Atlantic Sapphire has unveiled less-than-spectacular harvest figures in its 2021 first quarter trading update.
The company, best known for its Miami Bluehouse salmon says just 721 tonnes were produced during the three month period, 421 tonnes from Florida, USA and 300 tonnes from Denmark.
The company was hit by technical issues in its RAS (recirculating aquaculture system) in Miami towards the end of March which cost the company at least 500 tonnes in lost fish.
Atlantic Sapphire has also released its annual report which shows net losses of US $55.2m, compared to a net loss of $13.2m in 2019. Revenues for 2020 totalled $6.3m against $5.5m in 2019. The EBIT or operating loss was $46.6m against $33.8m in 2019.