Bakkafrost U/Adr (BKFKY) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.356 by Rein Jakobsen, which will take over the presentation in a while. 00:00:06.741 -- 00:00:11.087 So the agenda this morning we will come to after paying 00:00:11.087 -- 00:00:14.893 a short notice to our 00:00:14.893 -- 00:00:17.877 disclaimer on forward-looking statements. You can read it entirely. 00:00:17.877 -- 00:00:22.404 It's included in the published version of the 00:00:22.404 -- 00:00:24.404 presentation. 00:00:24.449 -- 00:00:29.617 So the agenda is the usual agenda, first the summary of the quarter, then we look 00:00:29.617 -- 00:00:35.146 into markets and sales, moving on to finance, operations, and then finally 00:00:35.146 -- 00:00:37.146 outlook. 00:00:39.493 -- 00:00:44.540 So an overview of the third quarter for Backer Frost. 00:00:44.540 -- 00:00:48.006 Our revenues in this quarter were 1.7 billion. 00:00:48.006 -- 00:00:51.787 We had a group operational EBIT of 22 million. 00:00:51.787 -- 00:00:56.431 The harvest in the Faroes was up by 17.5% to 25.4 00:00:58.316 -- 00:00:59.838 kiloton. 00:00:59.838 -- 00:01:04.885 In Scotland, we were on a similar level as in the same quarter 00:01:04.885 -- 00:01:09.071 last year, 5.3 thousand ton. 00:01:09.071 -- 00:01:14.278 Fish meal oil and feed division at Hafsbrunn, the feed sales were 00:01:14.278 -- 00:01:17.620 up 18% to around 49 00:01:18.043 -- 00:01:23.384 thousand ton. We sold no fish oil. Fish meal sale was down 00:01:23.384 -- 00:01:26.527 by 45% to around 5.1 00:01:26.811 -- 00:01:28.555 thousand tonne. 00:01:28.555 -- 00:01:33.766 Sourcing of marine raw material was on the same level as last year, around 00:01:33.766 -- 00:01:35.589 40,000 tonne. 00:01:35.589 -- 00:01:39.593 Cash flow from operation were positive with 245 00:01:39.593 -- 00:01:41.496 compare...