Mowi ASA (OTCPK:MHGVY)

$ 18.13 -0.08 (-0.44%) Market Cap: 9.38 Bil Enterprise Value: 12.03 Bil PE Ratio: 21.18 PB Ratio: 2.42 GF Score: 93/100

Q2 2024 Mowi ASA Earnings Call Transcript

Aug 21, 2024 / 06:00AM GMT

Release Date Price: $17.81 (-0.22%)

Transcript

Ivan Vindheim

Mowi ASA - Director

Good morning, everyone, both in the room and online. Welcome to the presentation of Mowi's second quarter results for 2024. My name is Ivan Vindheim, and I'm the CEO of Mowi, and the movie you just saw was from the opening of brand new state-of-the-art 100,000 tonnes primary processing plant at JÃ¸snÃ¸ya in Hitra municipality in Central in Norway. A EUR72 million investment on time and on budget and with good value for money, I would say. So kudos to the organization for that.

And not to mention, 120 valuable jobs in coastal in Norway and yet another example of the salmon industry contributing to keeping Coastal Norway alive and thriving. As we do in Scotland, in Ireland, in the Faroes, in Iceland, in Chile and even in Canada and British Columbia, if anyone happens to believe otherwise.

Otherwise, I have, as usual, our CFO, Kristian Ellingsen, with me today, to help me with the financial figures and fundamentals. And after the presentation, our IRO, Kim Dosvig, will routinely host our Q&A session, and also who are following the presentation online,

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