Company Gigante Salmon

GIGA

NO0011013765

Fishing & Farming

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Company contact information

Sector

Quarterly revenue - Rate of surprise

Sector Aquaculture

Real-time Oslo Bors Other stock markets 08:04:01 2024-04-26 am EDT			5-day change	1st Jan Change
8.22 ^NOK	+18.10%		+26.07%	-20.96%

Apr. 23	Gigante Salmon Nominates New Chairperson, Acting CEO Transitions to Permanent Role	MT
Apr. 23	Gigante Salmon AS Reports Earnings Results for the First Quarter Ended March 31, 2024	CI

Gigante Salmon AS is a Norway-based salmon farming company. The Company's aquaculture concept is based on a flow-through system that combines the advantages of both conventional and land-based aquaculture, and eliminates challenges associated with conventional sea-based farming, such as lice and escapes, while at the same time improving fish welfare and reducing mortality, emissions, feed wastage and burden on the local environment. Technological design is based on continuous water replacement and speed, so that the salmon can swim against the current in fresh water throughout production. The Company has two projects in its portfolio: development and operation of Gigante Salmon Rodoy AS, as well as the Gigante Salmon AS-owned site on Feoya island in Gildeskal municipality.

Number of employees: 18

NOK in Million	2022	Weight	2023	Weight	Delta
Salmon 100.0 %	0	100.0 %	0	100.0 %	-60.26%

NOK in Million	2022	Weight	2023	Weight	Delta
Norway 100.0 %	0	100.0 %	0	100.0 %	-60.26%

Managers	Title	Age	Since
Kjell Arild Lorentsen CEO	Chief Executive Officer	67	-
Rune Johansen DFI	Director of Finance/CFO	-	-

Members of the board	Title	Age	Since
Eirik Sørgård CHM	Chairman	62	-
Kristin Ingebrigtsen BRD	Director/Board Member	61	-
Kjell Arild Lorentsen CEO	Chief Executive Officer	67	-
Liv Monica Bargem Stubholt BRD	Director/Board Member	63	-

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	134,174,259	18,941,753 ( 14.12 %)	0	14.12 %

Name	Equities	%	Valuation
Gigante Havbruk AS 50.77 %	68,126,888	50.77 %	40 M kr
Pronord AS 12.87 %	17,272,728	12.87 %	10 M kr
T. Kolstad Eiendom AS 5.420 %	7,272,728	5.420 %	4 M kr
Nordea Investment Management AB (Norway) 3.322 %	4,456,916	3.322 %	3 M kr
Trondelag Helgeland Invest AS 2.033 %	2,727,272	2.033 %	2 M kr
Yannick AS 1.527 %	2,048,500	1.527 %	1 M kr
Olav Aksel Olsen 1.118 %	1,500,000	1.118 %	875 865 kr
IHA Invest AS 1.084 %	1,455,000	1.084 %	849 589 kr
Kulta Invest AS 0.8944 %	1,200,000	0.8944 %	700 692 kr
Ween Invest AS 0.8131 %	1,090,909	0.8131 %	636 993 kr

Gigante Salmon AS

Sjøgata 21

8006, Bodø

+47 98 84 47 24

http://www.gigantesalmon.no

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

6.96 NOK

Average target price

13 NOK

Spread / Average Target

+86.78%

Consensus

Company calendar

Consumer Non-Cyclicals

Food & Beverages

Food & Tobacco

Fishing & Farming

Aquaculture

	1st Jan change	Capi.
GIGANTE SALMON	-20.96%	84.99M
BAKKAFROST	+24.53%	3.59B
EMPRESAS AQUACHILE S.A.	0.00%	1.04B
RUSSIAN AQUACULTURE	-.--%	486M
BENCHMARK HOLDINGS PLC	+31.08%	444M
DAHU AQUACULTURE CO.,LTD.	-3.08%	397M
ICELANDIC SALMON	-8.28%	395M
SHANDONG HOMEY AQUATIC DEVELOPMENT CO.,LTD.	-19.33%	387M
MULTIEXPORT FOODS S.A.	+19.95%	358M
MÅSØVAL	+22.31%	356M

Aquaculture