Leroy Seafood Group (LYSFF) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to Leroy Seafood Group's second quarter presentation 2026. My name is Henning Beltestad, I'm CEO in Leroy Seafood Group, and with me today I have Sjur Malm, CFO. First of all, I will take you through some highlights in a quarter, then give a short target, a stretchy and target update, then Sjur Malm will take you through the key financial highlights, and then I will come back and take a Short outlook of what we expect going forward. First of all, Lira is a leading global provider of high quality seafood. We have a history reaching back to 1899. Fully integrated value chain, diversified portfolio of healthy products and strong brands served across 80 countries. Listed in Euronext Oslo Børs since 2002 and have the values open, honest, responsible and creative. In total, we have 6,000 employees, a turnover last year of 34 billion nok, an operational EBIT of 2.5 billion nok, and a total process volume of 340,000 ton, and a harvest volume of 195,600, and a wildcatch volume of 57,675. So, we are a seafood company. Our goal is to create the world's most efficient and sustainable value chain for seafood and have a global presence in all major markets around the world. And also at the same time, of course, our sources are mainly coming from the Norwegian coast. We are a fully integrated company and our value chain is our unique position in the seafood market. There is not many companies like Leroy globally today. Supplying salmon and controlling the value chain from row to branded product in the shop and from fishing boats all the way out to our branded products in Shops and Restaurants Highlights of the quarter Strong biological development with positive cost trend in farming Harvest guidance reiterated at 195,000 ton Increased expectation for profitability in the wi...