Austevoll Seafood Asa Ord (ASTVF) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

It's a pleasure for me to welcome you to, Austevoll Seafood first, quarter presentation. I will start, this presentation by giving, the highlights of the quarter. Thereafter, I will take you through the different segment, and Rith Katrin Dreyvenes will take you more in detail through the numbers, and I will end this session by giving our view on the different markets we are operating in. So starting up, we have had a good first quarter with strong earnings, I would say across the different segments. When it comes to farming, we have a strong biological performance in the quarter. We have increased the harvest volume with approximately 2,000 tons in the quarter, and we have also seen a reduction in prices in the quarter, compared with the same quarter in 2025. Looking at the white fish segment, we went into the year with considerably lower quotas, but that has been uplifted by an extremely good price achievements, which have led into a better financial result from the white fish segment in first quarter twenty twenty six. In the pelagic segment, we also came into the year with fish meal and fish oil and frozen products on stock, with increasing prices, which is also reflected in earnings for this quarter. So all in all, we have 21% lower volumes, five and twenty eight thousand tons in the quarter, revenue of just below billion and EBITDA two percent up from last quarter last year, same quarter last year, just below billion, net interest bearing debt of NOK7.8 billion and we also proposed a dividend per share on NOK6.50. If we include 50% of our shares in Pelagia, our EBITDA is up with 2%, NOK2.145 billion in the quarter, of which salmon white fish down by 10%, 150,000,000 weaker, mainly as a consequence of lower price achievement, and we have a 32% better contribution...