Q1 2022 Austevoll Seafood ASA Earnings Call Transcript
It's a pleasure for me to invite you to Austevoll Seafood's first quarter presentation. I will start by giving you the highlights of the quarter. Thereafter, I would take you through segment by segment and give you also the (inaudible) in how we are doing so far this year. Britt will take you through more in detail the numbers, and then we will end the presentation by giving our view on the different markets we are operating within.
Starting off, I would say we are delivering a good quarter, and it's mainly driven by high salmon prices and also very good prices on whitefish segment, which is the difference between this year result compared with last year result.
Looking to the numbers, you can see, our revenue is NOK 6.5 billion. Our EBITDA is up NOK 350 million, delivering an EBITDA for the quarter of NOK 1.450 billion, EBIT up by NOK 300 million, just north of NOK 1 billion and a pretax profit of NOK 1.050 billion.
Our total asset has increased, and it's mainly due to a higher working capital during the period, and
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