Q4 2019 Mowi ASA Earnings Call Transcript
Yes. I think the time is there, so we start. Good morning, everyone, and welcome to the presentation of Mowi's fourth quarter results. My name is Ivan Vindheim, new CEO since last time. And with me today to present the financial figures, I have our new CFO, Mr. Kristian Ellingsen.
Yes. First, highlights. Operational EBIT of EUR 166 million in the quarter, in line with the trading update of the 16th of January. Q4 and full year volumes, record high in all business areas. So it's very nice to start in the new role with presenting and reporting these numbers.
If you start with Farming, 436,000 tonnes for the year, as already said, all-time high. I think you must go back to 2015 to see, yes, next time we beat a record. You know the environment in farming, so it's challenging these days. So in that context, it's also very encouraging. I would also like to take the opportunity to give all our farmers out there a praise for this. It's highly appreciated.
Feed, a very good year for Feed Norway, 353,000 tonnes, also a record high. If you remember back in
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