Oceana

Voluntary Trading Update: Oceana fishing shares hit 52-week highs on Friday ahead this update. Lucky Star sales volumes +8% y/y to 8.7m cartons. Selling prices up, but not enough to offset energy, tin, tomato paste, FX, & import costs. SA Fish Oil sales vols -8%. Selling prices -32%. US Fish meal & oil landings -5%, on high water temps in Mexico Gulf and low Mississippi river temps. Fish oil yields -7.9% due to lower fat content. Horse mackerel sales flat. Hake sales volumes -38% on fewer seadays & lower catch rates. Results are due 27 November 2023
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