Austevoll Seafood ASA (OTCPK:ASTVF)
$ 8.8 0 (0%) Market Cap: 1.73 Bil Enterprise Value: 3.46 Bil PE Ratio: 8.82 PB Ratio: 1.23 GF Score: 80/100

Q4 2022 Austevoll Seafood ASA Earnings Call Transcript

Feb 21, 2023 / 11:00AM GMT
Release Date Price: $8.86 (-3.38%)
Arne Mogster
Austevoll Seafood ASA - CEO & President

Good morning. It's a pleasure for me to welcome you to fourth quarter presentation for Austevoll Seafood and the preliminary full year numbers for 2022. I will first start by giving you a short introduction to the highlights of this quarter and also for the year. Then I will go through segment by segment. Britt Kathrine Drivenes, our CFO, will take you through more in detail through the numbers, and we will end this presentation by giving our view on the different market we are operating within.

So starting up. We have had a quarter where the revenue were exceeding last year's numbers for the same quarter, NOK 7.6 billion. Our earnings is lower versus the same quarter last year and has mainly to do with the weaker performance particularly from the Peruvian companies, which holds approximately $180 million of the $250 million we are lower than the same quarter last year. So an EBITDA of just north of NOK 1 billion and an EBIT of NOK 630 million. Pretax profit, NOK 727 million and is mainly due to a very good performance from the associated

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