Mowi ASA (OTCPK:MHGVY)

$ 18.224 0.014 (0.08%) Market Cap: 9.42 Bil Enterprise Value: 12.14 Bil PE Ratio: 26.26 PB Ratio: 2.35 GF Score: 95/100

Q3 2023 Mowi ASA Earnings Call Transcript

Nov 08, 2023 / 07:00AM GMT

Release Date Price: $16.46 (+5.65%)

Transcript

Ivan Vindheim

Mowi ASA - CEO

Good morning, everyone, in the room and online, and welcome to the presentation of Mowi's third quarter results of 2023. 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. Now after the presentation, Kim Dosvig will host our Q&A session, but also are following the presentation online, can submit your questions or comments in advance or as we go along by e-mail. Please refer to our website at mowi.com for necessary details.

Disclaimer, I think we leave for self-study, then I think we are ready for the highlights of the quarter. It was another record-breaking quarter for Mowi in terms of top line and growth as both operational revenue of EUR 1.36 billion and farming volumes of 135,000 tonnes were all-time high. And speaking of growth, we maintain our volume guidance for this year of record high 484,000 tonnes, which is up from 464,000 tonnes last year and equivalent to a growth of 4.3% year-over-year, surpassing that to divide the industry by a large

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