Salmar Asa (SALRF) Q2 2025 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Salmar Asa.

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:04.390 My name is Frode Arntsen, and I am the CEO of Salmar. 00:00:04.390 -- 00:00:09.177 And together with me today, I have our CFO, Ulrik Steinvik. 00:00:09.177 -- 00:00:14.265 At Salmeir, it is a job 24 hours a day and every day of the year when we say 00:00:14.265 -- 00:00:17.951 that we will produce salmon on the salmon terms. 00:00:17.951 -- 00:00:22.178 It governs everything we do and all the steps we take. 00:00:22.178 -- 00:00:27.287 Because, as we said last quarter, when you are not quite where you want to 00:00:27.287 -- 00:00:32.495 be, you roll up your sleeves and work extra hard, regardless of the weather, 00:00:32.495 -- 00:00:36.295 day or what time it shows. 00:00:36.295 -- 00:00:41.601 It is to solve all tasks, many times try to make the impossible 00:00:41.601 -- 00:00:46.907 possible, and reverse the trend and result to once again be 00:00:46.907 -- 00:00:53.115 a leading farmer of Atlantic salmon. I know that all Salmar employees 00:00:53.115 -- 00:00:58.361 are also very motivated for this, and thank you all for the job 00:00:58.361 -- 00:01:01.490 well done in the period. 00:01:01.490 -- 00:01:06.858 The financial results we are presenting for Q2 today was, 00:01:06.858 -- 00:01:11.986 as expected, a result we are not satisfied with, driven by 00:01:11.986 -- 00:01:17.094 a high proportion of downgraded fish. But underlying, we are 00:01:17.094 -- 00:01:23.244 experiencing several good signals in Q2 and so far in Q3, 00:01:23.244 -- 00:01:27.562 which will give better results in the quarters ahead. 00:01:27.562 -- 00:01:32.869 We have a record high number of fish and biomass in the sea at the end of the second 00:01:32.869 -- 00:01:38.916 quarter, which will give increased volume in the second half of the year. 00:0...