“Norway Pelagic deliver solid numbers in the low season for the company. They also gave a good and optimistic presentation of earnings in second quarter,” First Securities analyst Aslak Berge told IntraFish.
The company has a “rock-solid balance sheet and market prospects look solid,” he said, adding the valuation of the company’s stock looks cheap and believes Norway Pelagic is an interesting share.
“It looks like the strategy of creating a great company has been successful. This has long been a sector with many stakeholders and margin pressures.
