Q3 2021 Fjordkraft Holding ASA Earnings Call Transcript
Hello, everyone, and welcome to Fjordkraft's third quarter results presentation. My name is Morten Opdal, Investor Relations at Fjordkraft, and I will be guiding you through today's presentation. Today's presentation will be presented by our CEO, Rolf Barmen; and our CFO, Birte Strander. And we will be conducting a Q&A session at the end of the presentation.
We are starting off with Mr. Rolf Barmen.
Thank you very much, Morten, and welcome, everyone. For Fjordkraft, this has been a good quarter in an extraordinary market situation. Elspot prices have been increasing throughout the quarter from a level around NOK 0.5 per kilowatt hour in the Southern part of Norway at the beginning of the quarter reaching a high of more than NOK 1.2 per kilowatt hour in September 2021. And for the reference, the Norwegian area price at the end of September 2020 were at an all-time low, around NOK 0.02 per kilowatt hour. So this has
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
