Q2 2022 Akva Group ASA Earnings Presentation Transcript
Ladies and gentlemen, good morning and very much welcome to the second quarter financial presentation of AKVA group. The agenda for this morning is that I will do the highlights and the outlook. Ronny Meinkøhn, the CFO will do the financial performance. And then at the end, we will conduct a Q&A session. We have some people within the audience, but also people participating virtually. Please post any questions during the presentation.
Let's go straight to the highlights for the second quarter. We had a high activity level with a revenue of NOK907 million for the quarter, but very significantly impacted negatively by high inflation rates and cost provisions. We are going to install a solid cost saving program, which is in process and targets for that will be communicated as part of the Q3
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