ReutersReuters

SalMar slides as winter weather, jellyfish attacks hit Q1 profit

** SalMar SALM shares fall 5% after the Norwegian fish farmer posted operational profit miss in first quarter, affected by winter weather, environmental issues

** The company posts operational profit in Q1 falling nearly 20% to NOK 1.51 billion ($139.6 million) against a NOK 1.74 billion seen on average by analysts, per LSEG data

** It cites extreme winter weather events and continued jellyfish attacks that impacted its farming segments in Norway

** The stock, at its lowest in three months, is among top fallers in pan-European STOXX 600 SXXP index

($1 = 10.8197 Norwegian crowns)

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