Slide 1: Icelandic Salmon Q3 2020 results
Icelandic Salmon Q3 2020 Q3 2019 YTD 2020 YTD 20191 • As previously stated, weak results in Q3 2020 Operating income (NOKm) 110 152 489 462 Operational EBIT (NOKm) -22 22 -31 73 • Result is impacted by high costs and weak price achievement Operational EBIT % -19.9 % 14.4 % -6.3 % 15.9 % • Finished h
Slide 2: Strategic Update
STRATEGIC UPDATE
Slide 3: Go SalMar – Passion for Salmon
Go SALMAR Passion for Saran
Slide 4: SalMar targets growth where it can be done sustainable on the salmons' terms
SalMar targets growth where it can be done sustainable on the salmons' terms Iceland has the potential to become an important farming region • Favourable natural biological conditions • Natural habitat of the Atlantic salmon • Similar conditions as in Finnmark in Northern Norway • Sea currents, temp
Slide 5: Icelandic Salmon is the leading salmon farmer in Iceland
Icelandic Salmon is the leading salmon farmer in Iceland Attractive license portfolio, with ample room to grow harvest volumes Room to double 2020 production within existing licenses x2 Hatcheries (smolt) x1 Processing plant x3 Production fjords x2 Application fjords Licenses +58% MAB tons 39,700 t
Slide 6: Integrated value chain from hatchery to sales
Integrated value chain from hatchery to sales Applying best-practice and investment in state-of-the-art equipment Vertical integration Freshwater (smolt) Seawater Processing Sales ▪ 2 freshwater facilities –combined ▪ Strategically located sites in ▪ Processing plant located in the ▪ All sales condu
Slide 7: First re-branding step taken towards long-term branding strategy
First re-branding step taken towards long-term branding strategy Considerable potential to be branded as a premium salmon product
Slide 8: Icelandic Salmon – positioned for long-term value creation
Icelandic Salmon – positioned for long-term value creation Icelandic Salmon is the leading salmon farmer in Iceland in terms of 1 size, operational history and integration Attractive license portfolio, with ample room to grow 2 harvest volumes considerably Full control of value chain by being integr