Leroy Seafood Group ASA (FRA:Z1L)
€ 4.31 0.024 (0.56%) Market Cap: 2.59 Bil Enterprise Value: 3.29 Bil PE Ratio: 18.84 PB Ratio: 1.65 GF Score: 89/100

Q3 2022 Leroy Seafood Group ASA Earnings Call Transcript

Nov 15, 2022 / 07:00AM GMT
Release Date Price: €4.6 (+0.04%)
Henning KolbjÃ;rn Beltestad;y Seafood Group ASA;Group CEO
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Good morning. Welcome to Lerøy Seafood Group's Third Quarter Presentation 2022. My name is Henning Beltestad, I'm the CEO of Lerøy Seafood Group. And with me today, I have Sjur Malm, CFO.

First of all, I will start with presenting our fantastic value chain. Our goal is to create the world's most efficient and sustainable value chain for seafood. In the last 20 years, we have done huge investments to build this value chain both for redfish and whitefish. Two months ago, we had a Capital Market Day in Norway. I think it was 22nd of September, where we presented ambitions goal for Lerøy Seafood Group. We have a target of 2030 of NOK 50 billion, and we have ambitious goal for emission of reducing the emission of 46% within 2030.

For us, it's important to have the best framework available to go in this direction. One week after the presentation, we got a shock from the Norwegian government that proposed to implement a new resource tax with an additional 40% tax on profits

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