Austevoll Seafood ASA (OSL:AUSS)
kr 94.9 +0.80 (+0.85%) Market Cap: 19.15 Bil Enterprise Value: 40.94 Bil PE Ratio: 8.12 PB Ratio: 1.14 GF Score: 97/100

Q1 2025 Austevoll Seafood ASA Earnings Call Transcript

May 15, 2025 / 10:00 AM GMT
Release Date Price: kr100.6 (+5.23%)

Key Points

Positve
  • Austevoll Seafood ASA (ASTVF) reported a strong financial performance with a revenue of 9.8 billion NOK and an EBT of over 1.9 billion NOK, marking one of the best quarters ever for the group.
  • The company has a robust balance sheet with total assets of 53 billion NOK and an equity ratio of 55%.
  • There was a significant increase in slaughter volumes, particularly in the salmon segment, which saw a 45% rise in volume.
  • The pelagic segment showed strong activity, with high biomass detected in Peru and record-high catches in Chile.
  • The company has seen improved biological performance in salmon, with lower mortality, better growth, and higher slaughtering volumes.
Negative
  • Austevoll Seafood ASA (ASTVF) faced a negative fair value adjustment related to biological assets, resulting in a negative operating profit of minus 464 million NOK.
  • The company reported a negative profit before tax of minus 610 million NOK due to the negative biomass adjustment.
  • There was a decrease in raw material intake in the North Atlantic due to reduced quotas, impacting volumes for human consumption and feed.
  • Price achievements for fish meal and fish oil were down significantly, with fish meal prices down by 24% and fish oil by 69%.
  • The Scottish sea farm segment experienced a decrease in earnings due to substantially lower price achievements compared to the previous year.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

AUSS.OL - Austevoll Seafood ASA
Q1 2025 Austevoll Seafood ASA Earnings Call
May 15, 2025 / 10:00AM GMT

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Presentation
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And it's a pleasure for me to invite you to Otor Seafood first quarter presentation.

I will briefly take you through the highlights of the quarter, thereafter I would go through the different segments in more detail.

Our CFO Brett Katrinrivius will take you, through the financial, figures, and then I will end this session by giving our view on the different markets we are operating, within, so starting up, we have had a quarter with.

Quite good Yeah, like one.

I put it down.

Then I'd like to welcome you all to us to all seafood first quarter presentation.

I will start this session by giving the highlights of the quarter. I will take you more detail through the different
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