Q3 2023 Leroy Seafood Group ASA Earnings Call Transcript

Nov 15, 2023 / 07:00AM GMT
Henning Kolbjørn Beltestad - Lerøy Seafood Group ASA-Group CEO

Welcome to Lerøy Seafood Group's Third Quarter Presentation 2023. My name is Henning Beltestad, CEO of Lerøy Seafood Group. And with me today, I have CFO, Sjur Malm. First of all, I will repeat, our goal is to create the world's most efficient and sustainable value chain for seafood. We are both fully integrated in redfish and whitefish, and have a unique position to develop the value chain and develop the markets in different regions.

Our target for 2025 is to increase and beyond is to increase the turnover by -- to NOK 50 billion in 2030, reduce our total emission of 46% within 2030. To be the #1 company in EBIT of the value chain of salmon and Wild Catch EBIT of NOK 500 million and to have EBIT of NOK 1.25 billion within 2025 in VAP Sales and Distribution and a farming volume of 205,000 tonnes.

If we talk a little bit about sustainability to create the world's most sustainable value chain for seafood. It's extremely important for us as a company. And if we look at the

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