May 22, 2019 / 11:00AM GMT
Presentation
May 22, 2019 / 11:00AM GMT
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Corporate Participants
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* Olav-Andreas Ervik
SalMar ASA - President & CEO
* Trond Tuvstein
SalMar ASA - CFO
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Olav-Andreas Ervik - SalMar ASA - President & CEO
Good morning, everyone, and welcome to our presentation of the first quarter of 2019. We will follow the same agenda as in the previous presentations, starting with the highlights. We delivered okay financial results in the first quarter on NOK 806 million and NOK 22.71 in EBIT per kilo. And for Norway, this means an operational EBIT of NOK 781 million and NOK 23.41 in EBIT per kilo. This is, for us, somewhat lower than the expected by the end of last quarter.
Harvest volume has been 35,500 tonnes, where 33,400 tonnes has been from Norway and in accordance with our forecasts. Additional volumes come from -- comes from our increased ownership on Iceland, where we have increased our stake to 54% in the quarter and further to 62% at the end of
Q1 2019 SalMar ASA Earnings Presentation Transcript
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