Atlantic Sapphire As (AASZF) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Europe, Asia. Good morning, America. Welcome to the Atlantic Sapphire presentation after publishing the annual report for 2024. My name is Gunnar Åsbø, and I'm the CFO of the company. I'm currently in Oslo. With me, I have Pedro Corar, who is the CEO of the company currently in Miami. I hope the technology works with us being on separate locations, but we believe it should. Together we will present the company updates and after the presentation we will open for a Q&A session. In the Q&A session, please ask your questions in the chat and please identify yourself with a full name and company. I will hand the word over to Pedro who will start the presentation. Thank you very much, Gunnar. Thank you all of the attendees in this annual report meeting. So let us go to the presentation. I will start presenting our operational performance. As it's possible to see on the left side of the slide, our mortality has been very low, showing also a reduction tendency in last quarters. Our current mortality level is much lower than traditional farming, meaning we have been able to give excellent farming condition to our fish, which is extremely important when talking about a rust facility. One important parameter related with this performance has been the control of temperature. Learning from our past experiences, we had been farming for one and a half years at the targeted levels. That means around four degrees Celsius. During the last three quarters, the main milestone was firstly a very successful well-maintenance process that allow us to increase the water intake into our system and, in consequence, the water flow. Also, we made major adjustments to our stocks to be able to fulfill feeding demands according to our feeding capacities. This adjustment process ended in January 25 is...