Q1 2021 SalMar ASA Earnings Group Conference Transcript
Good morning, everyone, and welcome to the presentation of the first quarter results of 2021 for SalMar. My name is Gustav Witzoe, and I'm the CEO in SalMar. With me today is our CFO, Trine, who will be joining me to present the results. And once again, we are presenting only through webcast, also this time from our office here in Trøndelag.
The last time we present results at the end of February this year, prices were still at a moderate level between NOK 45 and NOK 50 per kilo. But from then until today, we have seen an increasing salmon price compared to what we experienced in the autumn of 2020 and at the beginning of this year. Again, proving to us the strong position salmon has in the different markets. Higher prices, together with continued solid operational performances, gives us the good result we present today with higher margin than in the previous quarters.
In Norway, we harvested 34,300 tonnes in the quarter and delivered an operational EBIT of NOK 624 million at a margin of NOK 18.18 per kilo. Including
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
