SalMar ASA assigned A- investment grade rating by Nordic Credit Rating

OSLO: 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.”

www.salmar.no