Q3 2024 Austevoll Seafood ASA Earnings Call Transcript

Author's Avatar
Nov 14, 2024

Nov 14, 2024 / 11:00AM GMT
Arne Møgster - Austevoll Seafood ASA - CEO

Well, it's a great pleasure for me to welcome you to Austevoll Seafood 3rd quarter financial presentation.

I will first start by giving the highlights of the quarter. Thereafter, I will take you to the different segments in the group. Our Chief Financial Officer (CFO) Britt Kathrine Drivenes will take you through the numbers more in details. And then I will end this presentation by giving our view on the different markets we are operating within.

So, starting up, we have had a quite good quarter. And the contribution in particular from the pelagic activity of the group has been solid. The result is mainly driven from, or the change in the result from same quarter last year, is mainly driven from improvement from our [Peruvian] activity and definitely also from the Scottish Seafarms, which have had a quite good turnaround in their operation from same quarter last year to this quarter.

--The operating revenue is of NOK 9.2 billion, EBIT of just NOK1.2 billion, and an EBIT including income from associates, which is

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot