SalMar ASA (LTS:0FWY)
kr 549 9 (1.67%) Market Cap: 71.61 Bil Enterprise Value: 90.26 Bil PE Ratio: 17.70 PB Ratio: 4.19 GF Score: 92/100

Q4 2020 SalMar ASA Group Conference Transcript

Feb 25, 2021 / 01:30PM GMT
Release Date Price: kr592.4 (+1.02%)
Gustav Magnar Witzoe
SalMar ASA - Co-Founder, President & CEO

Good morning, everyone, and welcome to the presentation of the fourth quarter 2020 results for SalMar. My name is Gustav Witzøe, and I'm the CEO in SalMar. Today, I will take you through the highlights and strategic updates. Our CFO, Trine will take you through the operational and financial update. And also with us, we have the CEO of SalMar Ocean, Olav-Andreas, who will give you a closer insight in our ocean farming strategy.

But before we continue, I would like to take you -- take a moment to reflect on a historical milestone in the history of SalMar, the company, which was founded the 8th of February 1991, is celebrating its 30 anniversary and can look back on 3 decades of fantastic results. From 11 employees on a small island in Central Norway and a total production volume of 800 tons to where we are today, with presence in 8 countries, 1,700 employees and a combined production volume of 195,000 tons, where 163,000 tons is from our operation here in Norway.

The SalMar we see today is a result of a unique journey,

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