Bakkafrost U/Adr (BKFKY) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:03.575 In this quarter, Backerfrost had revenues of 1.9 00:00:03.575 -- 00:00:05.077 billion, 00:00:05.077 -- 00:00:09.400 a group operational EBIT of 505 million. 00:00:09.843 -- 00:00:15.010 Our harvest in the Faroes increased by 4,600 tonne compared 00:00:15.010 -- 00:00:21.775 to the same quarter last year, and was 19,000 tonne in total. 00:00:21.958 -- 00:00:26.564 Harvest in Scotland was 6,300 tonne, 1,000 tonne 00:00:26.564 -- 00:00:29.663 less than last year. 00:00:29.663 -- 00:00:34.306 In our fish meal, oil, and feed department, 00:00:34.688 -- 00:00:39.713 feed sales were up with 4,300 ton to around 00:00:39.713 -- 00:00:41.475 31,300 00:00:41.475 -- 00:00:43.475 ton. 00:00:44.298 -- 00:00:49.804 External sale of fish oil was nearly none, one ton, 00:00:49.804 -- 00:00:53.948 compared to 4,300 ton last year. 00:00:53.948 -- 00:00:57.332 External sale of fish meal also reduced 00:00:57.332 -- 00:01:03.257 significantly. to 3,600 tonne compared to 13,000 tonne last year 00:01:03.257 -- 00:01:08.725 and sourcing of marine raw material was 110,000 tonne 00:01:08.725 -- 00:01:12.730 compared to 137 in the same quarter last year. 00:01:12.730 -- 00:01:16.916 Cash flow from operations were positive with 590 00:01:16.916 -- 00:01:18.618 million and 00:01:18.618 -- 00:01:22.340 all segments had positive EBIT. 00:01:22.483 -- 00:01:27.916 On the AGM end of April, It was resolved 00:01:27.916 -- 00:01:30.637 to pay out 8.44 00:01:31.844 -- 00:01:35.552 Danish kroner per share in dividends for last year. 00:01:35.552 -- 00:01:41.259 That will be paid out around the 21st of May. 00:01:42.800 -- 00:01:47.792 Moving on to markets and sales and beginning with the price development in the quarter 00:01:47.792 -- 00:01:53.159 on the global marke...