Nov 11, 2021 / 07:00AM GMT
Morten A. W. Opdal - Fjordkraft Holding ASA - Head of Controlling & IR
Hello, everyone, and welcome to Fjordkraft's third quarter results presentation. My name is Morten Opdal, Investor Relations at Fjordkraft, and I will be guiding you through today's presentation. Today's presentation will be presented by our CEO, Rolf Barmen; and our CFO, Birte Strander. And we will be conducting a Q&A session at the end of the presentation.
We are starting off with Mr. Rolf Barmen.
Rolf Barmen - Fjordkraft Holding ASA - President & CEO
Thank you very much, Morten, and welcome, everyone. For Fjordkraft, this has been a good quarter in an extraordinary market situation. Elspot prices have been increasing throughout the quarter from a level around NOK 0.5 per kilowatt hour in the Southern part of Norway at the beginning of the quarter reaching a high of more than NOK 1.2 per kilowatt hour in September 2021. And for the reference, the Norwegian area price at the end of September 2020 were at an all-time low, around NOK 0.02 per kilowatt hour. So this has
Q3 2021 Fjordkraft Holding ASA Earnings Call Transcript
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