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

Q2 2022 SalMar ASA Earnings Call Transcript

Aug 25, 2022 / 08:00AM GMT
Release Date Price: kr665.5 (-1.08%)
Linda Litlekalsoy Aase
SalMar ASA - CEO

Hello, everyone, and welcome to this presentation of SalMar results for the second quarter of 2022.

And my name is Linda Litlekalsoy Aase, I'm the CEO in SalMar. Together with me today, I have our CFO, Gunnar Nielsen. And today's presentation will follow the same pattern as previous quarterly presentation. I will take you through some of the quarter's highlights before our CFO, Gunnar will dig deeper into the details. And finally, I will be focusing on further sustainable growth of our business and give an update on our bid for NTS and merger with NRS.

Before I would conclude with a review of the outlook going forward. In the second quarter of 2022, SalMar continues to deliver strong operational performance, driven by the fantastic efforts, all of our employees put in every single day in the entire value chain both at sea and on land. This has resulted in solid results in the quarter with record higher -- record quotations for the SalMar price.

In total, for Norway, we harvested 29,400 tonnes with a margin of NOK 32.34 per kilo. And

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