Ice Fish Farm AS (OSL:IFISH)
kr 29 0 (0%) Market Cap: 3.55 Bil Enterprise Value: 4.83 Bil PE Ratio: 46.03 PB Ratio: 1.06 GF Score: 71/100
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Q3 2022 Ice Fish Farm AS Earnings Call Transcript

Nov 16, 2022 / NTS GMT
Release Date Price: kr24.2 (+5.65%)
GuÃ;mundur GÃ;slason
Ice Fish Farm AS - CEO

°­ -

Welcome to our Q3 presentation. My name is Guðmundur Gíslason, and I'm CEO of Ice Fish Farm. With me today is Róbert Róbertsson, our CFO.

We had a good quarter and we have been looking forward to present it to you. Highlights of the quarter: EBIT of NOK7 per kilo, and harvested 1,946 tonnes in the quarter. Our plans in Q2 were to finish generation 2020 and 2021 in Q3, but, due to good biology, we still have 3,200 tonnes to harvest in Q4.

Estimate went up 11,300 tonnes for the total year. Smolt output is finished, and we expect to have about 5.8 million, this is better than our 5.6 billion estimate in Q2. We received certification for all our fish on land and sea as sustainable salmon. We are currently in process with selected financial institutions to refinance the group. So I hand over to Róbert.

Róbert Róbertsson
Ice Fish Farm AS - CFO

Good morning. Here you can see the financial overview and results of the third quarter. Revenues for the quarter amounted to

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