Mowi ASA (OTCPK:MHGVY)

$ 18.21 0.27 (1.51%) Market Cap: 9.42 Bil Enterprise Value: 12.04 Bil PE Ratio: 21.35 PB Ratio: 2.44 GF Score: 93/100

Q2 2023 Mowi ASA Earnings Call Transcript

Aug 23, 2023 / 06:00AM GMT

Release Date Price: $17.5 (+3.86%)

Transcript

Ivan Vindheim

Mowi ASA - CEO

Good morning, everyone, both in the room and online. Welcome to the presentation of Mowi's Second Quarter Results of 2022 (sic) [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. And after the presentation, our IRO, Kim Dosvig, will routinely host our Q&A session. For those who 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 the necessary details.

Disclaimer, I think, we'll leave for self-study as usual.

Then we are ready for the highlights of the quarter. It was another record-breaking quarter for Mowi, both operationally and financially, with an operational revenue of EUR 1.37 billion, and operational profit of EUR 300 million, which means that the operational profit was the third highest to date, whilst the operational revenue was all-time high, driven by our good markets, I would say, in addition to a strong

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