Leider ist die Vogelgrippe nicht im Stall eingespert wie damals das BSE . Sie fliegt uns um die Ohren .
Dadurch könnten sich die Essgewohnheiten vieler Menschen kurzfristig ändern und zum verzehr von mehr Fischprodukten führen !

Hier mal ein paar Aktien die dadurch profitieren könnten aus Norwegen :

http://www.akersea.com/

http://www.fjordseafood.com/

http://www.panfish.no/newsread/news.asp?N=5039&wce=index_eng

Durch hervoragende Geschäftsergebnisse haben die Aktien in den letzten 2 Monaten kräftig zugelegt . Leider !

Angehängte Grafik , ist der Chart von Pan Fish seit Börsengang letztes Jahr :

CEO Atle Eide. ?This quarter has also seen the fulfilment
of our goals where operations are concerned,` he
continues. `The reduction of costs and the increase in
harvesting volumes for the fish farming business are the
most obvious evidence of this, as well as the solid
customer base of our VASP business and the fact that our
own brand `Saumon et Merveilles` has done very well. But
there is no time to rest. We have very high expectations
for Scotland in 2006,` Eide says. `For the first time since
2001 the Pan Fish Group closes the year with a profit,
which shows that the extensive reorganisation of Pan Fish
has been a success. Our main focus now is to devote even
more energy into the processes that have been established
in the operative units of the company, and especially to
regain the high levels of production. We anticipate an
increase in the budgeted sales in 2006 of approximately
25,000 trw compared with 2005.`

Fish farming
The fish farming business had operating revenues of NOK
547.5 million in the fourth quarter 2005, compared with NOK
367.6 million in the corresponding period in 2004.
Operating profits (EBITDA) amounted to NOK 127.8 million,
which is an improvement of NOK 139.1 compared with the
fourth quarter 2004. Production costs for fish in sea in
all regions continued to fall, as planned. The best results
were achieved in Pan Fish Norway, which also had the most
substantial reduction of costs. Volumes from Aqua Farms are
included in the accounts as at 1 November 2005. In 2006,
Pan Fish is planning to produce between 100,000 and 108,000
trw, and to harvest volumes between 70,000 and 75,000 tgw.



Value Added Seafood Products (VASP)
The VASP business generated gross operating revenues of NOK
142.5 million in the fourth quarter 2005. Operating profits
for the continued operations at Pan Fish France generated
an all-time high of NOK 21.0 million in the fourth quarter,
despite the high prices of raw material which pushed the
margins to the limits in this area. By establishing a
separate seafood division, Pan Fish expects the VASP
business to gain a broader commercial basis, and that this
will yield positive results during the course of 2006.

Outlook
`We expect the positive market scenario to be maintained
throughout 2006,` says CEO Atle Eide. `Based on our
continued focus on long-term cost-related objectives,
increased production volumes and our general ambition of
becoming the lowest-cost producer of quality salmon, we are
confident that Pan Fish is facing an exciting year
characterised by profitability. We are also still working
on strategic processes that will help us take the company
even further, and this will assist us in realising the
ambitious objectives we have for the company. All of this
leaves us with a very optimistic outlook for 2006,` Atle
Eide concludes.

Jahresbericht im Pdf Format :

http://www.newsweb.no/cdco/atmnt/Presentation4Q05.pdf?id=42096

Aker Seafoods has further strengthened its operations and reports earnings before interest, tax, depreciation and amortisation (EBITDA) of NOK 187 million for 2005 after adjusting for non-recurring items. This is up by NOK 30 million from 2004 for the activities, which now form part of Aker Seafoods.

During the fourth quarter, the company`s profitability in harvesting was down from the same period of 2004 while processing in both Norway and Denmark showed improvements, and the fresh fish share passed 20 per cent in 2005. The board has proposed a dividend of NOK 0.75 per share.Aker Seafoods had operating revenues of NOK 537 million for the fourth quarter, compared with NOK 536 million in the same period of last year. The corresponding figures for the full year were NOK 2,339 million and NOK 2,467 million. Adjusted for revenues from discontinued operations and non-recurring items in 2004, revenues for the full year were up by NOK 29 million.Aker Seafoods improved its EBITDA before non-recurring items for the full year to NOK 187 million in 2005 compared to NOK 157 million last year. As a result, the EBITDA margin before non-recurring items rose to 8.0 per cent in 2005 compared to 6.8 per cent in 2004. This corresponds to a margin improvement of no less than 17 per cent for the underlying business.- We are pleased with the operational improvements the company has achieved for the fourth quarter and the year as a whole. 2005 has been a year of restructuring, and our results are thus in line with our expectations.  It is however important to underline that the margins in total are lower than our ambitions for 2006, comments Yngve Myhre, CEO of Aker Seafoods ASA. It is in particular our processing operations whom have seen the better of the improvements in the fourth quarter, and in 2005 we have achieved a fresh fish share from our Norwegian plants of more than 20 percent, continues Myhre. Aker Seafoods has reported an EBITDA of NOK 33 million for the fourth quarter, corresponding to a reduction of NOK 8 million from the same period of 2004. The company achieved an EBITDA margin of 6.2 per cent as against 7.7 per cent in the fourth quarter of the year before.The rise in operating revenues after adjusting for non-recurring items reflects higher prices for whitefish as well as greater activity compared with 2004. However, Aker Seafoods has opted during 2005 to divest marginal activities in its Norwegian processing business. That in turn affects the company`s operating revenues.EBITDA before non-recurring items for Aker Seafoods declined by NOK 2 million, from NOK 41 million in the fourth quarter of 2004 to NOK 39 million. This decline reflects weaker earnings in the harvesting sector as a result of such factors as a reduced cod and shrimp catch and higher bunkers costs.An improvement of NOK 14 million or 28 per cent in its underlying business was recorded by the group in the second half of 2005 compared with the same period of the year before.Net financial expenses for Aker Seafoods came to NOK 12 million in the fourth quarter, a reduction of NOK 7 million from the same period of 2004. This partly reflects the total refinancing of the group.http://www.newsweb.no/cdco/atmnt/AKSQ4ENG.pdf?id=42258

http://www.newsweb.no/cdco/atmnt/Quarterly_report_final.pdf?id=42066

First published: 17 Feb 2006, 12:21

Fjord Seafood to sue EU

Fjord Seafood announced Friday that it would file suit against the European Union in order to have the EU's punitive measures against Norwegian salmon declared illegal on a permanent basis.

The objective of the suit is to render the EU policy permanently invalid and to secure Fjord Seafood's legal interests in a possible compensation suit against the EU, if Fjord suffers economically because of the EU's fixed minimum price.

Fjord CEO Helge Midttun said that the company was going it alone, due to circumstances specific to how the firm was treated by EU authorities.

"This is in a sense a case that concerns the entire salmon industry in Norway, but in our case there are elements that specifically bear on Fjord Seafood's interests. Therefore we have chosen to take this matter up on our own," Midttun said.

Fjord Seafood was among the ten companies singled out for an EU investigation and was later levied a punitive supplement on its prices.

Fjord disputes the handling of the investigation and considers the matter violated the EU's own dumping rules and fundamental rights described in the EEA (European Economic Area) agreement. Fjord also disputes the very basis of the conflict, arguing there is no factual basis for claims that they dumped salmon in the EU market.

"For us it is important to get a fundamental clarification of whether the EU system can do just about what it wants in relation to Norwegian salmon, under the provision of anti-dumping regulations," Midttun said.

"This way we will do what we can to secure stable and predictable conditions for Fjord Seafood and the salmon industry for the future," Midttun said.

The suit will be presented to the EU's tribunals in Luxembourg and delivered before the deadline, around April 1, 2006.

(Aftenposten English Web Desk/NTB)

Norway and Chile said they would fight European Union limits on farmed salmon imports at the World Trade Organization on Wednesday, setting the stage for a possible trade feud.

The two states asked for consultations in the Geneva-based body, arguing that EU trade restrictions violate the rules. But the EU says its trade limits respect international rules.

Brussels has set a minimum entry price on ungutted farm salmon imports and fixed an annual limit on imports to protect British and Irish fish farmers from collapse due to cheap competition.

Non-EU member Norway has a 60 percent share of the European market. Chile and the Faeroe Islands were also hit by the trade restrictions.

"Now that the European Commission has decided to take protection measures against Norwegian salmon, we are forced to follow up this issue under the dispute resolution mechanism in the WTO," Norwegian Prime Minister Kjell Magne Bondevik told a news conference in Oslo. "We think there are no grounds for the EU's protection measures in the WTO's regulations," he said.

The EU executive has said that Norwegian salmon farmers have sold fish at below cost in the 25-nation bloc, pushing Irish and British producers out of business.

Chile exported USD 1.3 billion worth of salmon in 2004 and says the EU restrictions are unfair. The EU argues its trade limits respect the rules.

The EU has set a minimum entry price of 2.70 euros (USD 3.45) per kilo of ungutted farmed salmon. Norway says this import price represents a 20 percent rise on the average price of its salmon in 2004.

EU to control salmon importsThe European Union plans to restrict salmon imports through quota and entry tariffs, a measure that could hurt top exporter and non-EU member Norway, a European Commission spokeswoman said on Friday. A minimum duty of 2.70 euros per kilogram would apply to the EU's salmon imports from all non-member countries, which could be increased to 2.85 euros (USD 3.70) by April, said Claude Veron-Reville, the Commission's spokeswoman for trade."The safeguard measure will be in place for four years," she told reporters, referring to the Commission proposal for a tariff rate quota (TRQ) on salmon that EU member states will discuss later on Friday.If they agree, the TRQ would enter into force immediately, she said.Norwegian newspaper Nationen said that the government had neglected to address this matter with the World Trade Organization.Norway's prime minister Kjell Magne Bondevik said Thursday that the protective measures violated WTO regulations and that Norway would take the case to the world body.Nationen claimed that notes from a WTO meeting show that Norway failed to take this matter up with the body at an assessment of EU trade practice, even though Japan and other nations took the opportunity to register their criticism of EU trade barriers.Norway accounts for some 60 percent of EU salmon imports.(Reuters/NTB)

ein bischen heiß gelaufen zu sein.

gruss

permanent

OSLO (AFX) - Share prices closed lower, led down by Statoil, (Nachrichten/Aktienkurs) Norsk Hydro (Nachrichten) and DNO (Nachrichten) and other oil stocks on weaker crude oil prices, while Fjord Seafood rose after Pan Fish bought 25 pct of the group, brokers said.

Fjord Seafood 8,17  +1,49 %

Pan F. wurde heute nicht gehandelt

06.03.06 15:07 Marked=OB PAN

PAN FISH ACQUIRES GEVERAN TRADING LTD`S HOLDING IN FJO

andre børsmeldinger

Pan Fish acquires Geveran Trading Ltd`s holding in Fjord SeafoodPan Fish ASA has today acquired 25.7% of the total number of outstanding shares in Fjord Seafood ASA from Geveran Trading Ltd (`Geveran`). The acquisition will be financed through a private placement of shares in Pan Fish to Geveran.  The transaction represents NOK 1.3 billion based on the market value of Fjord as of close of trading on 3 March 2006. Pan Fish has decided to finance the acquisitions through an equity issue of 280,195,693 new shares, each with a par value of NOK 0.75 to Geveran, based on an authorisation given at an extraordinary general meeting 13 July 2005.The subscription price was set to NOK 4.36 per share which corresponds to the share price of Pan Fish as of close of trading on 3 March 2006. The private placement represents approx. 17% of the registered share capital in Pan Fish after completion of the placement. The new shares will be registered under a separate ISIN number until Oslo Børs has approved the prospectus to be published in connection with the private placement. Settlement is expected to take place soon as practical possible.  Represents a conversion ratio of 1.846 : 1 (8.05 : 4.36) between Pan and Fjord based on the closing prices on Friday 3 March 2006.After this transaction Geveran Trading Ltd holds no shares in Fjord Seafood and 934,160,043 shares in Pan Fish, representing approx. 56% of the shares and votes of the Pan Fish. Pan Fish holds 151,758,164 shares in Fjord Seafood, equal to 25.7% of the shares and votes of Fjord Seafood.For further information:Atle Eide, CEO Pan Fish ASA, +47 911 52 977Tor Olav Trøim, Geveran Trading Ltd., tel. +44 7734976575