SalMar ASA (SALRY)
SalMar ASA operates in the Agricultural Farm Products industry of the Consumer Defensive sector, headquartered in Kverva, ST, NO. The stock last traded at $14.12, up 1.51% on the session, giving a market capitalisation of $7.66B. On trailing twelve-month figures it carries a trailing P/E of 35.73, a net margin of 7.1%. Its beta of 0.65 implies it has historically moved less than the broad market.
SalMar ASA is an aquaculture company primarily focused on the cultivation and global distribution of farmed salmon. Its extensive market reach spans Asia, North America (including the United States and Canada), Norway, the wider European continent, and other international territories. The company oversees the complete value chain of salmon production, from initial stages such as breeding broodfish, cultivating lumpfish, and raising smolt, through to the open-water marine farming phase. This comprehensive process also includes harvesting, packaging, processing, and the ultimate sale of its farmed salmon products. SalMar serves a varied clientele, including international importers and exporters, food processing companies, and retail chains, leveraging both its in-house sales force and strategic partner networks. The company was founded in 1991 and maintains its headquarters in Kverva, Norway.
SalMar ASA is most often compared with the following Consumer Defensive names: