Leroy Seafood Group ASA (OSL:LSG)
kr 47.52 +0.38 (+0.81%) Market Cap: 28.30 Bil Enterprise Value: 38.77 Bil PE Ratio: 18.83 PB Ratio: 1.44 GF Score: 92/100

Q1 2019 Leroy Seafood Group ASA Earnings Presentation Transcript

May 14, 2019 / 10:00AM GMT
Release Date Price: kr57.3 (-7.91%)
Operator

Welcome to First Quarter Presentation of Lerøy Seafood Group 2019. My name is Henning Beltestad, CEO in Lerøy. And with me today, I have CFO, Sjur Malm.

First of all, I will take you through the highlights in the quarter, then Sjur will take you through the key financial figures. And then I will come back and have a view on the future for both supply and demand and some outlooks from Lerøy.

First of all, highlights of first quarter. We had an EBIT before fair value adjustment of NOK 691 million. The EBIT in this quarter is reduced by NOK 51 million related to intercompany elimination, which is a delay of realization of profits for the whitefish. The harvest volume in the quarter is 32,000 tonne, which is down about 5,000 tonne from last year. The EBIT all-inclusive, exclusive

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