Proximar Seafood As · OSL:PROXI
Proximar Seafood As — Q4 2024 Earnings Presentation
7 slides from Proximar Seafood As's earnings presentation, January 2025
Slide 1: Production & Sales Update Q4 2024
Company Presentation Production & Sales Update Q4 2024
Slide 2: Disclaimer
Disclaimer This presentation (the “Presentation”) has been prepared by Proximar Seafood AS (the “Company” and together with its subsidiaries, the “Group”), solely for information purposes. The Presentation comprise a general summary of certain matters in connection with the Group, and do not purport
Slide 3: Production in Q4 2024 influenced by biofilter issues – turbidity challenges overcome through ozone system
Production in Q4 2024 influenced by biofilter issues – turbidity challenges overcome through ozone system Production update summary Proximar’s biomass development • Standing biomass of 1,058 metric tonnes, up from 735 In metric tonnes, live weight metric tonnes at end of Q3 2024 • 20 batches and app
Slide 4: Successful sales and strong price achievement during 4Q
Successful sales and strong price achievement during 4Q • A total of 29 tonnes HOG was harvested and shipped since the first harvest on 30.09.2024 • The remaining ~50 tonnes initially scheduled for harvest in 2024 will be harvested in January 2025 • The fish has been very well received in the market
Slide 5: Performance is good but directly impacted by reduced feeding due to turbidity issues
Performance is good but directly impacted by reduced feeding due to turbidity issues in Q3 and into Q4 and biofilter incidents in Q4 Growth curves for Proximar’s first batches Comments: Compared to Skretting growth model, figures in grams • High turbidity in Q3 and into Q4 restricted feeding, but wi
Slide 6: Update on biofilter incidents
Update on biofilter incidents • On 20th of November, Proximar experienced a breach in the support for the bio media filter Module C • On the 24th of December, an equivalent incident happened in Module B • The cause of these breaches is likely related to weakness in materials used to the support, and
Slide 7: Next update: February 2025
Company Presentation Next update: 28 February 2025 – Q4 2024 presentation 7