Nov 14, 2024 / 12:00PM GMT
Operator
Good morning. On behalf of BTG Pactual, welcome to the conference call on the third quarter financial results of Salmones Camanchaca. Manuel Arriagada, CEO; and Daniel Bortnik, CFO, will be presenting. Questions will be taken at the end of the presentation and can be submitted via chat panel. Manuel and Daniel, please proceed with the presentation.
Manuel Arriagada Ossa - Salmones Camanchaca SA - Chief Executive Officer
Thank you very much, and welcome again, everyone, to the Q3 2024 results presentation of Salmones Camanchaca. We will focus today on the financial highlights of the quarter, the production and operational updates, sales and marketing topics, and an overview of our growth plan. In the Q3 2024 highlights, in Q3, we achieved an EBITDA of $9.2 million, which is a substantial increase from the $2.9 million in Q3 2023. This growth was driven mainly by a reduction in production costs for Atlantic salmon, particularly due to a strong sanitary and biological conditions in our farms and also a reduction in the feed price. With this, the ex-cage cost was $0
Q3 2024 Salmones Camanchaca SA Earnings Call Transcript
Nov 14, 2024
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