Q1 2019 Mowi ASA Earnings Call Transcript
Good day, and welcome to the First Quarter 2019 Report International Conference. Today's conference is being recorded. At this time, I would like to turn the conference over to Glenn Flanders. Please go ahead.
Great. Thank you very much. Hello, everyone, and thank you for attending the presentation of our Q1 2019 results. I'm referencing our presentation and turning to Page 3, Highlights.
Our operational EBIT was EUR 196 million, which reflects one of the best first quarters in our history. We enjoyed high-achieved prices in all markets on strong demand. And our cost per kilo harvested decreased compared with the prior quarter, Q4 2018. We saw seasonally record high volumes at 104,000 metric tonne, which was an all-time high for Q1. We also enjoyed all-time high earnings in Chile on the back of higher volumes and good biology. We closed a new loan, EUR 120 million at EURIBOR plus 170 points. And our board resolved on a quarterly dividend of NOK 2.60 per share to be paid in Q2, 2019.
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