Mowi ASA (OTCPK:MHGVY)

$ 18.322 0.112 (0.62%) Market Cap: 9.47 Bil Enterprise Value: 12.17 Bil PE Ratio: 26.40 PB Ratio: 2.36 GF Score: 95/100

Q3 2022 Mowi ASA Earnings Call Transcript

Nov 09, 2022 / 07:00AM GMT

Release Date Price: $14.98 (-3.26%)

Transcript

Ivan Vindheim

Mowi ASA - CEO

Good morning, everyone and welcome to the presentation of Mowi's third quarter results of 2022. My name is Ivan Vindheim, and I'm the CEO of Mowi and with me today to present the financial figures and fundamentals, I have, as usual, our CFO, Kristian Ellingsen and after the presentation, our IRO, Kim Dosvig will routinely host the Q&A session. But also who are following the presentation on webcast can submit your questions or comments in advance, or as we go along by email. Please refer to our website at mowi.com for the necessary details.

Disclaimer, I think we'll leave for self-study as usual. Then we are ready for a key bullet points for the quarter. A quarter I think we can safely say goes down in history as the quarter of contrast to put it mildly, because despite another set of new operational records for Mowi, the third quarter of 2022 will unfortunately be remembered for September 28 and the Norwegian government's infamous resource rent tax proposal of 40% on Norwegian salmon farming or 62% including corporate tax and about 80% with Norwegian wealth tax.

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