Gigante Salmon As · OSL:GIGA
Gigante Salmon As — Q2 2022 Earnings Presentation
11 slides from Gigante Salmon As's earnings presentation, Aug 26, 2022
Slide 1: Q2 Report 2022
Q2 REPORT 2022 26 August 2022 CEO Helge E. W. Albertsen CFO Rune Johansen
Slide 2: Profitability and Technology
PROFITABILITY TECHNOLOGY ANNUAL REPORT 2021 • An increasing global focus on health and • The production technology is based on well-known sustainability can be expected to drive up demand aquaculture technology used in conventional fish for salmon. farming. • The location of the facility was identif
Slide 3: Finance and Investment, Responsible Production
FINANCE AND INVESTMENT RESPONSIBLE PRODUCTION ANNUAL REPORT 2021 • Gigante Salmon has sufficient financing to fund its • Land-based salmon farming operations can control operations until full production commences, this the parameters for water quality and wastewater. includes financing for the const
Slide 4: Gigante Salmon Rødøy
Gigante Salmon Rødøy (All figures in NOK 2020) PHASE 1 FULL PRODUCTION Investment 445 MNOK No additional investments required Smolt released 1 100 000 3 300 000 Harvest (tons, WFE) 6 350 19 050 Harvest (tons, HOG) 5 300 16 000 Utilisation MAB 0.5x 1.4x Prod. costNOK/kg HOG 38 31 CAPEX/kg HOG 71 24 2
Slide 5: Highlights Q2 2022
Highlights Q2 2022 • Good progress towards completion of Gigante Salmon Rødøy facility. Project moving forward in accordance with prepared and approved plans and in line with planned and approved cost limits. • The application to establish a rockfill in the water east of Lille Indre Rosøy island has
Slide 6: Development and operation of Gigante Salmon Rødøy AS
Development and operation of Gigante Salmon Rødøy AS IMPLEMENTATION OF THE PROJECT An overriding focus for all our activities is that the health of our fish is crucial for our success: “If the fish are doing well, then we are doing well.” Important areas of responsibility for Gigante Salmon AS as th
Slide 7: Gigante Salmon Rødøy
Gigante Salmon Rødøy
Slide 8: Timeline towards 20,000 tons of yearly production
Timeline towards 20,000 tons of yearly production 2021 2022 2023 2024 2025 2026 2027 Construction Project execution phase Phase 1 Startup production – 1.1 mill smolt Slaughter 5,300 tons HOG Startup production – 1.1 mill smolt Slaughter 5,300 tons HOG Production Phase 1 Full production – 3.3 mill sm
Slide 9: Income statement
Income statement • Investments in Gigante Salmon Rødøy progressing according to plan • Net profit Q2 2022, -0.8 MNOK
Slide 10: Balance sheet
Balance sheet • Strong, financial position with equity ratio at 98% • Long term financing granted (204 MNOK)
Slide 11: Q&A
Q&A