Icelandic Salmon As · OSL:ISLAX
Icelandic Salmon As — Q3 2022 Earnings Presentation
11 slides from Icelandic Salmon As's earnings presentation, 2022
Slide 1: Q3 2022 Summary Presentation
Q3 2022 SUMMARY PRESENTATION
Slide 2: This is Icelandic Salmon
THIS IS ICELANDIC SALMON Icelandic Salmon AS is listed on the Euronext Growth market in Oslo. Farming in seven The company is the sole owner and Four smolt facilities, sites in three fjords parent company of Arnarlax ehf. Current capacity of 7-8 million All production ASC** smolt, depending certifie
Slide 3: Continued Strong Organic Growth
CONTINUED STRONG ORGANIC GROWTH Q3 SUMMARY Continued trend on good price achievement in period. — Market prices lower compared to the highs of Q2. KEY RESULTS Q3 2022 Q3 2021 YTD 2022 YTD 2021 — Most of volume late in quarter at lower market price. Operating income (‘000 EUR) 33,798 19,572 105,884
Slide 4: Overview of Smolt Capacity
OVERVIEW OF SMOLT CAPACITY STRATEGIC UPDATE AND OUTLOOK ARNARLAX NOW HAS 4 SMOLT AND POST-SMOLT PLANTS Gileyri (Tálknafjörður), MAB 200 tons — Application in progress for a total MAB of 1.000 tons Fjallalax (Grímsnes), MAB 100 tons Laxabraut 5 (Ölfus), MAB 900 tons Isþor (Ölfus), MAB 1.800 t
Slide 5: Bigger Smolt for Reduced Time in Sea
BIGGER SMOLT FOR REDUCED TIME IN SEA STRATEGIC UPDATE AND OUTLOOK EFFECT OF SMOLTSIZE ON TIME IN SEA Iceland has a short window for smolt output (May – Oct), due to temperature With sufficient capacity on smolt production, smolt size could be adapted to optimized MAB utilization YEAR 1 YEAR 2 YE
Slide 6: Sales & Marketing Update
6 SALES & MARKETING UPDATE STRATEGIC UPDATE AND OUTLOOK TRANSPORTATION SPLIT FOCUS ON ACTIVE COMUNICATION WITH SUSTAINABLE SALMON TO NORTH AMERICA CUSTOMERS INTREST & DEMAND REMAINS HIGH Participation in Seafood shows and customer Continued emphasis on sea transport to visit in the quarter. the
Slide 7: Sales & Marketing Update
7 SALES & MARKETING UPDATE STRATEGIC UPDATE AND OUTLOOK SUSTAINABILITY – IT’S IN OUR NATURE 7
Slide 8: License Status for Sea-Water
LICENSE STATUS FOR SEA-WATER STRATEGIC UPDATE AND OUTLOOK COMBINING LICENSES WILL ALLOW FOR BETTER AVERAGE UTILIZATION OF MAB… Arnarlax now holds licenses of 23,700 tonnes MAB in the Icelandic Westfjords (Arnarfjörður, Patreksfjörður and Tálknafjörður). Site 3 Site 2 Site 1 FOSSFJÖRÐUR RENEWED* Our
Slide 9: License Status for Sea-Water
LICENSE STATUS FOR SEA-WATER STRATEGIC UPDATE AND OUTLOOK Arnarlax now holds licenses of 23,700 tonnes MAB in the Icelandic Westfjords (Arnarfjörður, Patreksfjörður and Tálknafjörður). NEW SITES WITHIN EXISTING LICENCES ARNARFJÖRÐUR EXPANSION Currently in process to establish more sites for The Arna
Slide 10: Group Balance
GROUP BALANCE FINANCIAL UPDATE Assets NIBD KEY ITEMS FOR THIRD QUARTER 2022 (EUR million) (EUR million) Acquisition of remaining 50% shares of smolt facility Eldisstöðin Ísþór 234 52 198 Increase of fixed assets EUR 29.2 million and Net interest-bearing 7 113 debts EUR 24.3 million within quart
Slide 11: Icelandic Salmon
Kees Icelandic Salmon SUSTAINABLE SALMON FROM ARNARLAX Strandgata1 Iceland arnarlax.is 465 Bildudalur (354) 456 0100 arnarlax@arnarlax.is