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

Q1 2023 Austevoll Seafood ASA Earnings Call Transcript

May 16, 2023 / 10:00AM GMT
Release Date Price: €7.96 (-6.19%)
Arne Mogster
Austevoll Seafood ASA - CEO & President

Okay. Then I would like to welcome you all to Austevoll Seafood first quarter presentation. I will start the presentation of taking you through the highlights of the company in the first quarter. Thereafter, I will take you through the different segments more in detail. Britt Kathrine Drivenes will go more in details through the numbers. And then I will end the presentation by giving our view on the different markets we are operating in.

Starting up, we have had a record high quarter -- first quarter -- this quarter. And I would say, we have performed better in all segments, except our Peruvian activity, which I will come back to later on. If you look at our operating revenue, it's surprising NOK 8 billion. And operational EBITDA up with NOK 150 million from same quarter last year to just above NOK 1.6 billion. And an operational EBIT of NOK 1.250 billion, which is up NOK 120 million compared with the same quarter last year. Also, net profit is up with NOK 170 million to NOK 1.223 billion.

Starting up -- looking at our total

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