Gigante Salmon As · OSL:GIGA
Gigante Salmon As — Q2 2023 Earnings Presentation
16 slides from Gigante Salmon As's earnings presentation, Aug 8, 2023
Slide 1: Q2 Report 2023
Q2 REPORT 2023 8th August 2023 CEO Helge E. W. Albertsen CFO Rune Johansen
Slide 2: ROE SMOLT WELLBOAT
51,38 % ROE SMOLT WELLBOAT R&D PACKING STATION The majority owner Gigante Havbruk is also a co-owner of operations at all stages of the salmon value creation chain. This ensures Gigante Salmon access to the necessary expertise in all areas.
Slide 3: Slide 3
Slide 4: Gigante Salmon
Gigante — =~ salmon
Slide 5: Gigante Salmon
Gigante Salmon
Slide 6: Gigante Salmon Rødøy
Gigante Salmon Rødøy 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 2023 2025 2027 (All figures
Slide 7: Health, Security, Environmental & Quality
Health, Security, Environmental & Quality HSE&Q PROJECT EXECUTION An overriding focus for all our activities is that the health of our colleagues and 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 the
Slide 8: Highlights Q2 2023
Highlights Q2 2023 THE SECOND QUARTER OF 2023 • Rockfill that forms foundation for risers completed • Concrete walls in production basin 3 close to completion. Columns in basin finished, and PE liners for installation on walls and floors delivered and expected to be completed well in advance of prod
Slide 9: Snapshot from Building Information Model
Snapshot from Building Information Model
Slide 10: Gigante Salmon
— Gigante Salmon Gigante <> salmon
Slide 11: 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 12: Income statement - Group
Income statement - Group • Investments in Gigante Salmon Rødøy progressing according to plan
Slide 13: Balance sheet - Group
Balance sheet - Group • Strong, financial position with equity ratio at 61%
Slide 14: Income statement – GS Rødøy
Income statement – GS Rødøy • Total investments in the group in the second quarter rose 260 074 kNOK, compared to 165 567 kNOK in Q1
Slide 15: Balance sheet – GS Rødøy
Balance sheet - GS Redgy Assets Note 02.2023, 022022 2022 Equlty andisbitties Note 022023 022022 2022 Lang,buldngs ander pronerty 258146 745009 107600 ‘Share ceptal 19230 19230 79230 ships 731 e20 m6 ‘Sheroremum eer0 2670 reer ‘Totaltangibleassots 1 256876 45920 108576 Total paid nequlty 192100 1821
Slide 16: Q&A
Q&A