Nordic Credit Rating has today assigned a first-time long-term issuer rating of A- with a stable outlook to SalMar ASA.
“The credit rating reflects SalMar’s strong profitability relative to its peer group, which is due to its cost-efficient production and excellent farming locations. The rating further reflects the company’s strong cash flow and moderate financial leverage.”
The rating report from Nordic Credit Rating will be published on 7 April 2021.
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