Austevoll Seafood ASA (FRA:Z85)
€ 7.875 -0.21 (-2.6%) Market Cap: 1.59 Bil Enterprise Value: 2.25 Bil PE Ratio: 10.72 PB Ratio: 1.20 GF Score: 87/100

Q2 2021 Austevoll Seafood ASA Earnings Call Transcript

Aug 19, 2021 / 11:00AM GMT
Release Date Price: €10.54 (-3.30%)
Arne Mogster
Austevoll Seafood ASA - CEO & President

We welcome you all to Austevoll Second Quarter Presentation. My name is Arne Mogster, I'm the CEO of the Company. I would first start taking you through the highlights of the quarter. Thereafter, I will take you through the different segments in the group. Britt Kathrine, our CFO, she will take you more in detail through the numbers. And then, I will end the presentation by giving our view on the different markets we are operating within.

Starting off, it's fair to say that we have had a quite active quarter and performing better this quarter compared with the same quarter last year. Revenue of NOK 6.2 billion and EBITDA of NOK 1.2 billion and an EBIT just below NOK 900 million, which is approximately the double of what we had in the same quarter last year. Pre-tax profit on NOK 829 million and an earnings per share on NOK 1.66.

Moving then to first half year, you could also see that we have a quite good first half year with earnings of NOK 12.2 billion and EBITDA of NOK 2.4 billion and an EBIT just below NOK 1.6 billion, pre-tax

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