Q3 2024 Bonheur ASA Earnings Call Transcript

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Oct 25, 2024

Oct 25, 2024 / 07:00AM GMT
Anette Olsen - Bonheur ASA - Chief Executive Officer

Good morning, and welcome to the third-quarter presentation for Bonheur. My name is Anette Olsen, and I am the CEO. As usual, our CFO, Richard Olav Aa from Fred Olson & Company, will present. And in addition, we have the CEOs for the subsidiaries that each will have their presentation. At the end, we will open for a question-and answer-session.

So go ahead, Richard.

Richard Aa - Bonheur ASA - Chief Financial Officer

Thank you, Anette, and also a hearty welcome for me to this third quarter presentation. Before we go into the numbers, the quarter has been an ok quarter with improvements across all business lines. And also, all the major companies are making a healthy EBIT profit. That being said, we also have a quarter where the asset utilization is not at 100%. We have one big wind farm out due to fire by one of our suppliers. We have one vessels in yard in wind carrier and utilization in cruise lines is still only at 78%. So there is still a lot of potential.

But with that we can go into

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