Mowi ASA (OTCPK:MHGVY)

$ 17.08 -0.15 (-0.87%) Market Cap: 8.91 Bil Enterprise Value: 11.49 Bil PE Ratio: 19.27 PB Ratio: 2.37 GF Score: 96/100

Q1 2023 Mowi ASA Earnings Call Transcript

May 10, 2023 / 06:00AM GMT

Release Date Price: $18.19 (+0.48%)

Transcript

Ivan Vindheim

Mowi ASA - CEO

Good morning, everyone, and welcome to the Presentation of Mowi's First Quarter Results of 2023. My name is Ivan Vindheim and I'm the CEO of Mowi. With me today to present the financial figures and fundamentals, I have, as usual, our CFO, Kristian Ellingsen. And after the presentation, our IRO, Kim Dosvig, will routinely host our Q&A session. For those who are following the presentation on webcast can submit your questions or comments in advance or as we go along by e-mail. Please refer to our website at mowi.com for the necessary details.

Disclaimer, I think we'll leave for self-study as usual.

Then we are ready for the highlights of the quarter. It was another record-breaking quarter for Mowi with an operational revenue of EUR 1.36 billion, an operational profit of EUR 322 million. Both record high and driven by our strong operational performance, more or less across the board, I would say, combined with seasonally record high salmon spot prices. So big thank you to my 11,500 colleagues in 25 countries all across the world for their invaluable efforts

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