Sølvtrans Holding ASA Q Oslo, 7 November Roger Halsebakk, CEO Jon Kvalø, CFO
|
|
- Damian Rose
- 5 years ago
- Views:
Transcription
1 Sølvtrans Holding ASA Q Oslo, 7 November 2012 Roger Halsebakk, CEO Jon Kvalø, CFO
2 1 Highlights in the quarter 2 Financial review 3 Operational and market review 4 Summary and outlook 5 Appendix
3 Highlights 3 rd quarter 2012 Good utilisation of 95%, up from 92% Revenues and EBITDA stabilised at high levels New-build Ronja Polaris according to plan Contract signed with Marine Harvest for Ronja Polaris Contract signed with Lerøy for Ronja Harvester
4 1 Highlights in the quarter 2 Financial review 3 Operational and market review 4 5 Summary and outlook Appendix
5 Financial highlights 3rd quarter 2012
6 Operating results 3 rd quarter 2012 NOK mill. Q Q Operating income EBITDA EBITDA margin 49.7 % 53.5 % EBIT Net financial items Pretax profit Operating income in line with Q311 Improved utilization Income Q311 included NOK 2,5 mill related to earlier periods Operating expenses up 8 % vs Q311 Includes one-offs related to the commencing and financing of Chile operations NOK mill. YTD 2012 YTD 2011 FY 2011 Operating income EBITDA EBITDA margin 47.6 % 46.0 % 48.2 % EBIT Net financial items Pretax profit EBITDA Slightly down due to the higher OPEX Net financial items of NOK -9.4 mill Pretax profit improved with NOK 9,1 mill vs Q311. YTD improved with NOK 39,4 mill.
7 Balance sheet 30 September 2012 NOK mill Fixed assets Other current assets Cash Total 1,085 1,067 1,049 NOK mill Equity Non-current liabilities Current liabilities Total 1,085 1,067 1,049 Cash of NOK 78 mill Trade receivables NOK 34 mill Up NOK 6 mill from Q212 Vessels with book value of NOK 958 mill Continued decrease in NIBD NOK 547 mill NIBD / 12 month rolling EBITDA = 4.0 Equity ratio steadily increasing %
8 Cash flow YTD Cash flow Q of NOK 15.2 mill Cash flow from operations NOK 24.9 mill down NOK 11 mill vs Q311 Investments of NOK 9.7 mill Cash flow YTD 2012 of NOK 11.5 mill Operating cash flow of NOK 72.6 mill improved with NOK 18 mill vs YTD 2011 Net investments of NOK 51.6 mill Cash and bonds at EBITDA Net finance outflow Change in working capital Net investm. Loan repayment Dividend payment Other changes Cash and bonds at
9 Group financial profile Terms and conditions Working capital (NOK million) Margin influenced by NIBD/EBITDA ratio Covenant ratios by NIBD/EBITDA: 4.0 Equity ratio: 31.8% Working capital: NOK 66.7 million Q3 11 Q4 11 Q1 12 Q2 12 Q3 12 Equity ratio % NIBD/EBITDA (12m rolling) 30.1 % 30.9 % 31.0 % 31.3 % 31.7 % Q3 11 Q4 11 Q1 12 Q2 12 Q3 12 Q3 11 Q4 11 Q1 12 Q2 12 Q3 12
10 1 Highlights in the quarter 2 Financial review 3 Operational and market review 4 5 Summary and outlook Appendix
11 Fleet performance
12 Contract activity Contract with Lerøy Ronja Harvester for 9 months. Contract coverage as of 7 November Contracts with Marine Harvest Norway Ronja Polaris, vessel under construction, for years from delivery in June 2013 Ronja Atlantic extended until delivery of Ronja Polaris Ronja Superior extended for years from 1 Jan 2014 Scottish Seafarms extends contracts Use of option for 1 year for Ronja Skye and Ronja Settler from 1 Jan 2013
13 Contract status as of November Vessel name Capacity (m 3 ) Year built Type * Lice equiped Country Employment to per Ronja Polaris Closed X Under constr. Medio -16 Ronja Atlantic Closed X Norway Medio-13 Ronja Nordic Closed X Nor / Scot. Dec-13 Ronja Harvester Closed X Norway Dec-12 Ronja Superior Closed X Norway Dec-16 Ronja Pioneer Closed Scotland Dec-13 Ronja Viking Closed Scotland Nov-14 Ronja Commander Closed Scotland Dec-13 Ronja Carrier X Canada Dec-12 Ronia Pacific Chile May-14 Ronja Settler Closed Scotland Dec-13 Roy Kristian X Nor / Scot. Spot Ronia Austral X Chile May-15 Ronja Skye Closed Scotland Dec * "Closed" means that the vessel has systems for closed and controlled operations, without spills and with controlled temperature and oxygen to secure animal welfare and best possible quality on slaughter fish. Contract Under construction Charterer's option
14 Salmon price and earnings development Limited effects from salmon price fluctuations Stable revenue and earnings
15 Sølvtrans Market Overview Canada East: One vessel on contract until Dec 2012 Scotland: Six vessels in operation Increased biomass volume Norway: Currently four vessels, all with closed valve, in operation Increased focus on long term charters Increased bio-security focus Prioritized market Norway Scotland Canada East Chile: Two vessels in operation from April 2012 Strong demand for well boat services Chile
16 Handling of diseases and biological issues Diseases and contamination still a major challenge The authorities demand: Stricter transportation regime Stricter documentation Farmers solutions: Larger units Improved security Sølvtrans provides: years of experience Closed valve technology Modern fleet Innovation
17 New vessel Ronja Polaris on schedule Progress on construction according to plan No delays and no cost overruns Hull about 70% completed Financing according to contract 20% prepaid YTD Remaining 80% on delivery Close follow up, well planned project No overruns expected Delivery from yard in June 2013 Contract with Marine Harvest upon delivery
18 Modern fleet with leading technology 3000 m3 1 vessel under construction. To be delivered June 2013 State-of-the-art all necessary equipment for efficient operations Closed valve system - specially equipped for filtering all circulation water 1900 m3 2 vessels Closed Valve system and RSW All equipped for lice treatment 1000 m3 5 vessels Closed Valve system and RSW All equipped for lice treatment 650 m3 6 vessels Open and Closed Valve system and RSW Some equipped for lice treatment
19 1 Highlights in the quarter 2 Financial review 3 Operational and market review 4 Summary and outlook 5 Appendix
20 Outlook Short to medium term Stabile farming production, expect more fish for harvest Q4 Increased bio-security focus, to avoid mortalities and possible stamp out Expects stable performance going forward Long term Positive outlook for transportation of live fish, world-wide growth in general Some countries stable and some with growth Strong demand for larger vessels with modern technology, to meet and to be prepared for stricter regulations Chile market will continue to move towards more modern and bio-secure wellboats, lice situation to be solved
21 Summary Stable operations and high utilization provides good results Comfortable contract situation Q expected to be good Construction of Ronja Polaris according to plan no delays or cost overrun Experience increased demand in particular for larger vessels with closed and future technology
22 History.. Thank you for your attention! now...the future
23 1 Highlights in the quarter 2 Financial review 3 Operational and market review 4 Summary and outlook 5 Appendix
24 Key Financials NOK mill Q Q YTD Operating income and other revenue EBITDA EBIT Net financial items Profit or loss Cash-flow from operations Net cash-flow Total assets 1,085 1,067 1,085 1,049 1,116 1, Equity Net interest-bearing debt (NIBD) Cash and cash equivalents Working Capital NIBD / EBITDA (12 month rolling) EBITDA margin 50% 54% 48% 48% 33% 39% 51% Equity ratio 31.7 % 30.1 % 31.7 % 30.8 % 30.0 % 17.9 % 11.1 % Earnings per share in NOK Equity per share in NOK
25 Disclaimer This Presentation includes and is based, inter alia, on forward-looking information and statements that are subject to risks and uncertainties that could cause actual results to differ. Such forward-looking information and statements are based on current expectations, estimates and projections about global economic conditions, the economic conditions of the regions and industries that are major markets for Sølvtrans Holding ASA and its subsidiaries. These expectations, estimates and projections are generally identifiable by statements containing words such as "expects", "believes", "estimates" or similar expressions. Important factors that could cause actual results to differ materially from those expectations include, among others, economic and market conditions in the geographic areas and industries that are or will be major markets for Sølvtrans Holding s businesses, salmon prices, oil prices, market acceptance of new products and services, changes in governmental regulations, interest rates, fluctuations in currency exchange rates and such other factors as may be discussed from time to time. Although Sølvtrans Holding ASA believes that its expectations and the information in this Presentation were based upon reasonable assumptions at the time when they were made, it can give no assurance that those expectations will be achieved or that the actual results will be as set out in this Presentation. Sølvtrans Holding ASA nor any other company within the Sølvtrans Holding Group is making any representation or warranty, expressed or implied, as to the accuracy, reliability or completeness of the information in the Presentation, and neither Sølvtrans Holding ASA, any other company within the Sølvtrans Holding Group nor any of their directors, officers or employees will have any liability to you or any other persons resulting from your use of the information in the Presentation. Sølvtrans Holding ASA undertakes no obligation to publicly update or revise any forward-looking information or statements in the Presentation.
Sølvtrans Holding ASA Q Oslo, 14 August Roger Halsebakk, CEO Jon Kvalø, CFO
Sølvtrans Holding ASA Q2 2012 Oslo, 14 August 2012 Roger Halsebakk, CEO Jon Kvalø, CFO 1 Highlights in the quarter 2 Financial review 3 Operational and market review 5 Summary and outlook 6 Appendix Highlights
More informationSølvtrans Holding ASA Q Oslo, 15 May Roger Halsebakk, CEO Jon Kvalø, CFO
Sølvtrans Holding ASA Q1 2012 Oslo, 15 May 2012 Roger Halsebakk, CEO Jon Kvalø, CFO 1 Highlights in the quarter 2 Financial review 3 Operational and market review 4 Summary and outlook 5 Appendix Highlights
More informationFirst quarter 2011 presentation
First quarter 2011 presentation Roger Halsebakk Interim CEO Sølvtrans Holding ASA Oslo, 19. May 2011 Jon Kvalø Jon Kvalø CFO Sølvtrans Holding ASA Søl t s in Sølvtrans i b brief i f Background Financial
More informationThird quarter 2010 presentation
Third quarter 2010 presentation Ole-Peter Ole Peter Brandal CEO Sølvtrans Holding ASA Oslo, 10 November 2010 Jon Kvalø CFO Sølvtrans Holding ASA Sølvtrans Holding ASA in n brief The world s largest wellboat
More informationSølvtrans Holding ASA / Interim report first quarter
Sølvtrans Holding ASA Interim report first quarter 2011 Ålesund, 19 May 2011 Highlights in the first quarter Operating income. Operating income in the first quarter of NOK 53.5 million, compared with NOK
More informationSalMar ASA. Presentation Q CEO Leif Inge Nordhammer CFO Trond Tuvstein
SalMar ASA Presentation Q1 2015 CEO Leif Inge Nordhammer CFO Trond Tuvstein Agenda Highlights Financial update Operational update Outlook First quarter 2015 highlights Improved operations Challenging biological
More informationMarine Harvest. Q Presentation 24 August 2017
Marine Harvest Q2 2017 Presentation 24 August 2017 1 Forward looking statements This presentation may be deemed to include forward-looking statements, such as statements that relate to Marine Harvest s
More informationMarine Harvest. Q Presentation 22 August 2018
Marine Harvest Q2 2018 Presentation 22 August 2018 Forward looking statements This presentation may be deemed to include forward-looking statements, such as statements that relate to Marine Harvest s contracted
More informationAker Seafoods Second quarter 2009 Sales of fresh products up, but prices down
Aker Seafoods Second quarter Sales of fresh products up, but prices down CEO Yngve Myhre CFO Gunnar Aasbø Interim presentation second quarter 1 Welcome Agenda Topic Operational Update Group Harvesting
More informationQ November 9th. Lerøy Seafood Group ASA. CEO Henning Beltestad CFO Sjur S. Malm
Q3 2017 November 9th Lerøy Seafood Group ASA CEO Henning Beltestad CFO Sjur S. Malm Agenda Highlights Key financial figures Outlook Q3 2017 EBIT before FV adj. NOK 861 million Harvest volume 46 024 GWT
More informationPRESENTATION Q Oslo, 19 February 2013 John Binde, CEO Ola Loe, CFO
PRESENTATION Q4 2012 Oslo, 19 February 2013 John Binde, CEO Ola Loe, CFO AGENDA: Highlights for the period Segment information Group financials Outlook 2 Highlights in Q4 2012: Significant improvement
More informationPRESENTATION Q Oslo, 14 November 2012 John Binde, CEO Ola Loe, CFO
PRESENTATION Q3 2012 Oslo, 14 November 2012 John Binde, CEO Ola Loe, CFO AGENDA: Highlights for the period Segment information Group financials Outlook 2 Highlights in Q3 2012: Strong consumption growth
More informationQ May 12th Oslo
Q1 2016 May 12th Oslo Lerøy Seafood Group ASA CEO Henning Beltestad CFO Sjur S. Malm Agenda Highlights Key financial figures Outlook Q1 2016 EBIT before FV adj. NOK 584.5 million EBIT/kg all inclusive
More informationPRESENTATION Q Oslo, 15 August 2013 John Binde, CEO Ola Loe, CFO
PRESENTATION Q2 2013 Oslo, 15 August 2013 John Binde, CEO Ola Loe, CFO AGENDA: Highlights for the period Segment information Group financials Outlook 2 Highlights in Q2 2013: Best quarterly operational
More informationThird quarter 2014 Bergen 5 November 2014
Third quarter 2014 Bergen 5 November 2014 05.11.2014 1 Agenda Highlights Q3 2014 Operational review Financial review Summary and outlook Polar Onyx 05.11.2014 2 Highlights third quarter Stable and good
More informationPRESENTATION Q Oslo, 26 February 2014 John Binde, CEO Ola Loe, CFO
PRESENTATION Q4 2013 Oslo, 26 February 2014 John Binde, CEO Ola Loe, CFO AGENDA: Highlights for the period Segment information Group financials Outlook 2 Highlights in Q4 2013: The best quarterly and yearly
More informationGrieg Seafood ASA. griegseafood.com. Andreas Kvame CEO. Atle Harald Sandtorv CFO. 8 November 2017
Grieg Seafood ASA Andreas Kvame CEO Atle Harald Sandtorv CFO 8 November 2017 1 Agenda Highlights This is Grieg Seafood Business Units (Regions) Financials Outlook 2 Highlights Q3 2017 Improved results
More informationMarine Harvest. Q Presentation 1 November 2017
Marine Harvest 1 Q3 2017 Presentation 1 November 2017 Forward looking statements This presentation may be deemed to include forward-looking statements, such as statements that relate to Marine Harvest
More informationMarine Harvest. Q Presentation 14 February 2018
Marine Harvest Q4 2017 Presentation 14 February 2018 1 Forward looking statements This presentation may be deemed to include forward-looking statements, such as statements that relate to Marine Harvest
More informationQ NOVEMBER 8TH 2018
Q3 2018 NOVEMBER 8TH 2018 1. Highlights 2. Key Financial Figures 3. Outlook Highlights Klikke for å legge til annet bilde Q3 2018 - EBIT before FV adj. NOK 660 million - Harvest volume 37 227 GWT - EBIT/kg
More informationQ August 24th. Lerøy Seafood Group ASA. CEO Henning Beltestad CFO Sjur S. Malm
Q2 2017 August 24th Lerøy Seafood Group ASA CEO Henning Beltestad CFO Sjur S. Malm Agenda Highlights Key financial figures Outlook Q2 2017 EBIT before FV adj. NOK 801 million Harvest volume 26 156 GWT
More informationMarine Harvest. Q Presentation 10 May 2017
Marine Harvest Q1 2017 Presentation 10 May 2017 1 Forward looking statements This presentation may be deemed to include forward-looking statements, such as statements that relate to Marine Harvest s contracted
More informationSalMar ASA. Presentation Q CEO Olav-Andreas Ervik CFO Trond Tuvstein
SalMar ASA Presentation Q1 2018 CEO Olav-Andreas Ervik CFO Trond Tuvstein Olav-Andreas Ervik new CEO of SalMar 41 years, from Frøya More than 20 years of experience from the aquaculture industry Worked
More informationQ MAY 8TH 2018
Q1 2018 MAY 8TH 2018 1. Highlights 2. Key Financial Figures 3. Outlook Highlights Klikke for å legge til annet bilde Q1 2018 - EBIT beforefv adj. NOK 960 million - Harvest volume 37576 GWT - EBIT/kg all
More informationQ U A R T E R L Y R E P O R T 2 N D Q U A R T E R
Q U A R T E R L Y R E P O R T 2 N D Q U A R T E R 2 0 0 7 1. Grieg Seafood develops as planned Grieg Seafood was listed in June, and has now 869 shareholders after 2 shares issues of MNOK 700 in total.
More informationCermaq ASA Presentation for Pareto Securities Oslo, 14 th June 2012
Cermaq ASA Presentation for Pareto Securities Oslo, 14 th June 2012 1 2020 2015 2010 2005 2000 1995 1990 1985 1980 1975 1970 1965 1960 1955 1950 Aquaculture: a sustainable growth industry Our growing population
More informationSalMar ASA. Presentation Q CEO Yngve Myhre, CFO Trond Tuvstein Oslo, 14 November w w w. s a l m a r. n o
Presentation Q3 2013 SalMar ASA CEO Yngve Myhre, CFO Trond Tuvstein Oslo, 14 November 2013 2 Agenda Highlights Financial update Operational update Market and outlook Third quarter highlights Another strong
More informationRS Platou Markets. Seafood conference. 10th June 2010
RS Platou Markets Seafood conference 10th June 2010 Agenda Introduction to Cermaq Highlights Q1 2010 and outlook full year Chile Recovery 2 Overview of Cermaq One of the global leaders in the aquaculture
More informationVilla Organic AS fourth quarter 2012
Notice to shareholders; Villa Organic AS fourth quarter 2012 Highlights fourth quarter 2012 The average prices were approximately at the same level as Q3, but improvement was observed towards the end of
More informationLerøy Seafood Group. Preliminary financial figures February 25th Helge Singelstad. Alf-Helge Aarskog. Ivan Vindheim.
Lerøy Seafood Group Preliminary financial figures 2009 February 25th 2010 Helge Singelstad Chairman Alf-Helge Aarskog CEO Ivan Vindheim CFO 1 Agenda 1. 1 Considerations 2. 2 Key financial figures Q4 2009
More informationDolphin Group ASA. SEB Nordic Seminar - 8 th January Atle Jacobsen (CEO) & Erik Hokholt (CFO)
Dolphin Group ASA SEB Nordic Seminar - 8 th January 2015 Atle Jacobsen (CEO) & Erik Hokholt (CFO) 2 Disclaimer This presentation includes and is based, inter alia, on forward-looking information and statements
More informationQ2 & 1H Results 2016 Kristian Røkke and Leif H. Borge Oslo July 14, 2016
First Quarter Results 2017 Kristian Røkke and Leif Borge Oslo May 3, 2017 Webside endring Q2 & 1H Results 2016 Kristian Røkke and Leif H. Borge Oslo July 14, 2016 2016 Akastor First Quarter Results 2017
More informationFinancial report Q3 2014
Financial report Q3 2014 Austevoll Seafood ASA Financial report Q3 2014 Index Key figures for the Group... 03 Q3 2014... 04 Operating segments... 04 Cash flows... 05 Financial information as of 30 September
More informationEvents after balance sheet date
Austevoll Seafood ASA 0 Financial Report Q4 2011 Successful second fishing season for anchoveta in Peru A positive result recorded for fish farming, sale and distribution, in difficult conditions Seasonally,
More informationQ BAKKAFROST GROUP Oslo 20 February 2018
BAKKAFROST GROUP Oslo 20 February 2018 DISCLAIMER This presentation includes statements regarding future results, which are subject to risks and uncertainties. Consequently, actual results may differ significantly
More informationQ4 & PRELIMINARY ANNUAL RESULTS 2015
Q4 & PRELIMINARY ANNUAL RESULTS 2015 Kristian Røkke and Leif Borge Oslo February 17, 2016 Agenda FOURTH QUARTER HIGHLIGHTS Kristian Røkke CEO FINANCIALS Leif Borge CFO Q & A Kristian Røkke and Leif Borge
More informationAll figures in NOK 1,000 Q3 11 Q3 10 Sept. 30, 2011 Sept. 30,
Austevoll Seafood ASA 0 INTERIM REPORT Q3 2011 Significant reduction in interest-bearing liabilities in the quarter Third quarter is low season for production of pelagic fish in Europe and South America
More informationMarine Harvest Q Presentation
Marine Harvest Q2 2015 Presentation Forward looking statements This presentation may be deemed to include forward-looking statements, such as statements that relate to Marine Harvest s contracted volumes,
More informationFirst half year 2017 Bergen 18 August 2017
First half year 2017 Bergen 18 August 2017 18.08.2017 1 Agenda Highlights first half year 2017 Operational review Financial review Summary and outlook Polar Onyx 18.08.2017 2 Highlights first half year
More informationSalMar ASA First quarter
SalMar ASA First quarter 2009 1 STRONG SALMON PRICES AND SATISFACTORY EARNINGS Strong salmon prices contributed to satisfactory earnings for the SalMar Group in the first quarter 2009. While Scottish Sea
More informationAustevoll Seafood ASA
Austevoll Seafood ASA Financial Report Q4 2016 and preliminary figures for 2016 INDEX Key figures for the group... 03 Q4 2016... 04 Operating segments... 04 Cash Flows Q4 2016... 06 Cash flows 2016...07
More information- - - - - - - 20 000 15 000 10 000 5 000 0 2017 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1995 1 400 30 1 200 25 1 000 800 600 400 777 20 15 10 16,5 200 5 0 0 Q4/17
More informationFinancial Report Q FINANCIAL REPORT Q1 2010
Financial Report Q4 2010 FINANCIAL REPORT Q1 2010 Austevoll Seafood ASA 0 Interim Report Q4 2010 Fourth quarter also achieved record-high operating result Good market and good prices for salmon and trout
More informationLerøy Seafood Group. Quarterly report First quarter May 12th Helge Singelstad. Henning Beltestad. Ivan Vindheim.
Lerøy Seafood Group Quarterly report First quarter 2010 May 12th 2010 Helge Singelstad Chairman Henning Beltestad CEO Ivan Vindheim CFO 1 Agenda 1. 1 Considerations 2. 2 Key financial figures Q1 2010 3.
More informationSecond quarter 2014 Bergen 22 August 2014 / First quarter 2013
Second quarter 2014 Bergen 22 August 2014 / First quarter 2013 Bergen 16 May 2013 Bergen, 22 February 2013 21.08.2014 1 Agenda Highlights Q2 2014 Operational review Financial review Summary and outlook
More informationAker Seafoods Second quarter 2010 Profits improved in high season
Aker Seafoods Second quarter 21 Profits improved in high season CEO Liv Monica B Stubholt CFO Gunnar Aasbø-Skinderhaug Welcome Agenda Topic Speaker Operational Update Liv Monica Stubholt, CEO Group Harvesting
More informationDOLPHIN GROUP A NEW MARINE GEOPHYSICAL COMPANY. COMPANY PRESENTATION SEB EnskildaNordic Seminar 7-9 January 2013 BY: ATLE JACOBSEN, CEO
DOLPHIN GROUP A NEW MARINE GEOPHYSICAL COMPANY COMPANY PRESENTATION SEB EnskildaNordic Seminar 7-9 January 2013 BY: ATLE JACOBSEN, CEO Disclaimer This presentation includes and is based, inter alia, on
More informationThird QUARTER / 2017
STRONG OPERATIONS AND IMPROVING BIOLOGY HIGHLIGHTS IN THE THIRD QUARTER Strong operations and effective management of the improving biological situation Lower production costs and higher prices achieved
More informationPresentation of Cermaq
Presentation of Cermaq North Atlantic Seafood Seminar Oslo, 8 th March 2012 Agenda Introduction to Cermaq Key results 2011 Focus on Mainstream Chile Outlook 2012 Photograph: Alf Børjesson 2 This is Cermaq
More informationTHIRD QUARTER / 2018
REPORT FOR THE THIRD QUARTER 2018 HIGHLIGHTS Operationally strong quarter, with cost improvements and good price achievement. Record-high volume for sales & processing with positive contribution Total
More informationPresentatio. on Q3 2010
Presentatio on Q3 2010 CEO Regin Jacobsen CFO Teitur Samuelsen Oslo November 9 th 2010 Disclaimer This presentation includes statements regarding future results, which are subject to risks and uncertainties.
More informationOperating revenue NOK million Operational EBIT NOK million. Harvest volume (HOG) tonnes Q3 09 Q4 09 Q1 10 Q2 10 Q3 10
Solid performance in a strong market Strong price achievement and solid results in Norway Return on Capital Employed of 18.9% in the quarter Favourable market balance expected to support a strong market
More informationOslo, February 27 th, 2012 Trond Williksen, CEO Eirik Børve Monsen, CFO
Q4 2012 Presentation ti Oslo, February 27 th, 2012 Trond Williksen, CEO Eirik Børve Monsen, CFO 1 Agenda Highlights Q4 2012 Trond Williksen, CEO Financial performance Q4 20122 Eirik Børve Monsen, CFO Statement
More informationHAVYARD GROUP ASA Presentation Q Geir Johan Bakke, CEO
HAVYARD GROUP ASA Presentation Q1 2016-24.05.16 Geir Johan Bakke, CEO Agenda Headlines/ milestones Q1 Outlook Main figures Detailed figures HES/ QA Questions Headlines/Milestones Q1 EBIT of NOK 18.7million
More informationINTERIM PRESENTATION Second quarter, 2006
INTERIM PRESENTATION Second quarter, 6 CEO Yngve Myhre CFO Bent M. Skisaker Agenda Operational Update Group Harvesting Processing Norway and Denmark Strategic considerations and Outlook Financials Income
More informationQ BAKKAFROST GROUP Oslo 19 February 2019
BAKKAFROST GROUP Oslo 19 February 2019 DISCLAIMER This presentation includes statements regarding future results, which are subject to risks and uncertainties. Consequently, actual results may differ significantly
More informationNORWAY ROYA L S A L M ON PRESENTATION Q Oslo, 7 November 2017 Charles Høstlund, CEO Ola Loe, CFO 1
PRESENTATION Q3 2017 Oslo, 7 November 2017 Charles Høstlund, CEO Ola Loe, CFO 1 AGENDA: Highlights for the period Segment information Group financials Markets Outlook 2 Highlights in Q3 2017 Operational
More informationGrieg Seafood ASA. griegseafood.com. Andreas Kvame CEO. Atle Harald Sandtorv CFO. 11 November 2016
Grieg Seafood ASA Andreas Kvame CEO Atle Harald Sandtorv CFO 11 November 2016 1 Agenda Highlights Business Units (Regions) Financials Outlook 2 HIGHLIGHTS Q3 2016 3 Highlights Q3 2016 Good quarterly results
More informationMarine Harvest Q Presentation
Marine Harvest Q1 2014 Presentation Forward looking statements This presentation may be deemed to include forward-looking statements, such as statements that relate to Marine Harvest s contracted volumes,
More informationHarvest volume (HOG) tons. Operational EBIT NOK million. Operational revenue NOK million Q2 10 Q3 10 Q4 10 Q1 11 Q2 11 Q2 10 Q3 10 Q4 10 Q1 11 Q2 11
Improved price achievement in a falling market Operational EBIT increased 13% ROACE of 26% in the quarter NIBD NOK 5.8 billion after dividend of NOK 2.9 billion High contract share in the second half of
More informationSOLON EIENDOM ASA Q Andreas Martinussen, CEO Scott Danielsen, CFO 9 November 2017
SOLON EIENDOM ASA Q3 2017 Andreas Martinussen, CEO Scott Danielsen, CFO 9 November 2017 Agenda Highlights Operational update Financial update Market Summary Highlights Q3 Real estate segment revenue increased
More informationQ2 & 1H Results 2016 Kristian Røkke and Leif H. Borge Oslo July 14, 2016
First Quarter Results 2018 Karl Erik Kjelstad (CEO) and Leif Borge (CFO) Fornebu May 3, 2018 Webside endring Q2 & 1H Results 2016 Kristian Røkke and Leif H. Borge Oslo July 14, 2016 2018 Akastor First
More informationAustevoll Seafood ASA
Austevoll Seafood ASA Financial Report Q3 2017 Index Key figures for the Group...03 Q3 2017...04 Operating segments...04 Cash flow Q3 2017...07 Financial factors at 30 September 2017...07 Cash flows at
More informationBAKKAFROST INTRAFISH SEAFOOD INVESTOR FORUM London 13 September 2018
BAKKAFROST INTRAFISH SEAFOOD INVESTOR FORUM London 13 September 2018 DISCLAIMER This presentation includes statements regarding future results, which are subject to risks and uncertainties. Consequently,
More informationLerøy Seafood Group. Quarterly report Second quarter August 19th Helge Singelstad. Ivan Vindheim CEO CFO
Lerøy Seafood Group Quarterly report Second quarter 2009 August 19th 2009 Helge Singelstad CEO Ivan Vindheim CFO 1 Agenda 1. 1 Considerations 2. 2 Key financial figures Q2 2009 3. 3 Lerøy at a glance 4.
More informationEMGS ASA FIRST QUARTER PRESENTATION 2012
EMGS ASA FIRST QUARTER PRESENTATION 2012 CEO, Roar Bekker CFO, Svein Knudsen Hotel Continental, 16 May 2012 DISCLAIMER This quarterly presentation includes and is based, inter alia, on forward-looking
More informationPareto Investor & Finance Seminar «Key value drivers in whitefish harvesting» Webjørn Barstad, CEO HAVFISK ASA
Pareto Investor & Finance Seminar «Key value drivers in whitefish harvesting» Webjørn Barstad, CEO HAVFISK ASA HAVFISK ASA Agenda HAVFISK in brief Key financial deliveries Value-drivers Outlook Company
More informationELECTROMAGNETIC GEOSERVICES ASA FIRST QUARTER 2014 RESULTS. CEO, Roar Bekker CFO, Svein Knudsen 8 May 2014
ELECTROMAGNETIC GEOSERVICES ASA FIRST QUARTER 2014 RESULTS CEO, Roar Bekker CFO, Svein Knudsen 8 May 2014 DISCLAIMER This quarterly presentation includes and is based, inter alia, on forward-looking information
More informationQ BAKKAFROST GROUP Oslo 21 August 2018
BAKKAFROST GROUP Oslo 21 August DISCLAIMER This presentation includes statements regarding future results, which are subject to risks and uncertainties. Consequently, actual results may differ significantly
More informationMarine Harvest Q Presentation
Marine Harvest Q1 2015 Presentation Forward looking statements This presentation may be deemed to include forward-looking statements, such as statements that relate to Marine Harvest s contracted volumes,
More informationFourth quarter 2014 Bergen 18 February 2015
Fourth quarter 2014 Bergen 18 February 2015 17.02.2015 1 Agenda Highlights Q4 2014 Operational review Financial review Summary and outlook Polar Marquis 17.02.2015 2 Highlights fourth quarter Stable and
More informationQ Presentation. Oslo November 2 nd 2018 Hallvard Muri, CEO Simon Nyquist Martinsen, CFO
Q3 218 Presentation Oslo November 2 nd 218 Hallvard Muri, CEO Simon Nyquist Martinsen, CFO Agenda Highlights Financial performance Outlook Q&A Highlights Q3 218 by CEO Hallvard Muri Order Intake development
More informationFIRST QUARTER 2016 RESULTS. Oslo, 12 May 2016 CEO Christiaan Vermeijden, CFO Hege A. Veiseth
FIRST QUARTER 2016 RESULTS. Oslo, 12 May 2016 CEO Christiaan Vermeijden, CFO Hege A. Veiseth Disclaimer This quarterly presentation includes and is based, inter alia, on forward-looking information and
More informationInterim Report. January September 2013
Interim Report January September 2013 Disclaimer Albain Bidco Norway AS is providing the following financial results for the third quarter of 2013 to holders of its EUR225,000,000 6.750% Senior Secured
More informationAustevoll Seafood ASA Q1 2009
Q1 2009 Ole Rasmus Møgster Chairman Britt Kathrine Drivenes CFO Disclaimer This Presentation has been produced by (the Company or Austevoll ) solely for use at the presentation to the market held in connection
More informationSantiago, May 11 th, Results Presentation 1Q18
Santiago, May 11 th, 2018 Results Presentation 1Q18 Agenda I. Highlights II. III. Financial Statements Supply, Demand and Prices IV. Farming Operation V. Prospects 2 Highlights EBIT 1Q18 USD 18.8 million
More informationGrieg Seafood ASA Quarterly report Q4 2018
bv Grieg Seafood ASA Quarterly report ABOUT GRIEG SEAFOOD Grieg Seafood ASA is one of the world's leading salmon farmers, specializing in Atlantic salmon. The Group has an annual production target of 100
More informationMarine Harvest Q Presentation
Marine Harvest Q2 2014 Presentation Forward looking statements This presentation may be deemed to include forward-looking statements, such as statements that relate to Marine Harvest s contracted volumes,
More informationLerøy Seafood Group SEPTEMBER 2018
Lerøy Seafood Group SEPTEMBER 2018 1. Lerøy Seafood Group 2. Key market trends supply and demand Our vision To be the leading and most profitable global supplier of sustainable high-quality seafood History
More informationQ Presentation Oslo, October 28, Trond Williksen, CEO
Q3 2011 Presentation Oslo, October 28, 2011 Trond Williksen, CEO 1 Agenda Highlights Q3 2011 Financials Q3 2011 Outlooks Q & A 2 Highlights 3 Increased profitability Operating revenues in Q3 was 226.7
More informationFrom Copeinca to Mitsubishi and beyond. Jon Hindar CEO London, 31 October 2014
From Copeinca to Mitsubishi and beyond Jon Hindar CEO London, 31 October 2014 A roller coaster with a happy ending for Cermaq and for the industry Page 2 A roller coaster with a happy ending for Cermaq
More informationFOURTH QUARTER 2015 RESULTS. Oslo, 11 February 2016 CEO Christiaan Vermeijden, CFO Hege A. Veiseth
FOURTH QUARTER 2015 RESULTS. Oslo, 11 February 2016 CEO Christiaan Vermeijden, CFO Hege A. Veiseth Disclaimer This quarterly presentation includes and is based, inter alia, on forward-looking information
More informationPareto Securities Oil and offshore Conference Oslo, September 2014 Presented by Atle Jacobsen (CEO)
Pareto Securities Oil and offshore Conference Oslo, 10-11 September 2014 Presented by Atle Jacobsen (CEO) Disclaimer This presentation includes and is based, inter alia, on forward-looking information
More informationYour Aquaculture Technology and Service Partner. Company presentation November 2014
Company presentation November 2014 Important Information About this Company Presentation This Company Presentation has been prepared by AKVA group ASA ("AKVA group" or the "Company") for information purposes
More informationAnnual General Meeting. Philly Shipyard ASA Oslo, 5 April 2019
Annual General Meeting Philly Shipyard ASA Oslo, 5 April 2019 1 Agenda 1. Opening of the annual general meeting, including approval of the notice and agenda. 2. Election of a person to co-sign meeting
More informationQ Aker BioMarine Accelerated growth. Hallvard Muri, CEO Fredrik Dokk Nygaard, CFO Matts Johansen, EVP Sales & Marketing. The preferred partner
Aker BioMarine Accelerated growth Q2 2010 Hallvard Muri, CEO Fredrik Dokk Nygaard, CFO Matts Johansen, EVP Sales & Marketing Aker BioMarine Highlights Q2 2010 Aker BioMarine s krill harvesting operation
More informationInterim Report Q2-17
Interim Report Q2-17 HIGHLIGHTS Operational EBIT of NOK 136 million o o o Operational EBIT per kg of NOK 29.68 in Region North Operational EBIT per kg of NOK 31.30 in Region South Non-recurring item of
More informationQ2 & 1H Results 2016 Kristian Røkke and Leif H. Borge Oslo July 14, 2016
Third Quarter Results 2017 Kristian Røkke and Leif Borge Fornebu October 25, 2017 Webside endring Q2 & 1H Results 2016 Kristian Røkke and Leif H. Borge Oslo July 14, 2016 2017 Akastor First Quarter Results
More informationYour Aquaculture Technology and Service Partner. Q Presentation Oslo - August 20 th, 2015 Trond Williksen, CEO Eirik Børve Monsen, CFO
Q2 2015 Presentation Oslo - August 20 th, 2015 Trond Williksen, CEO Eirik Børve Monsen, CFO Agenda 1 Highlights 2 Financial performance 3 Outlook 4 Q&A Highlights Q2 2015 - by CEO Trond Williksen 3 Best
More informationYour Aquaculture Technology and Service Partner. Q Presentation Oslo - May 8 th, 2015 Trond Williksen, CEO Eirik Børve Monsen, CFO
Q1 2015 Presentation Oslo - May 8 th, 2015 Trond Williksen, CEO Eirik Børve Monsen, CFO Agenda 1 Highlights 2 Financial performance 3 Outlook 4 Q&A Highlights Q1 2015 - by CEO Trond Williksen 3 On track
More informationAustevoll Seafood ASA Q2 2009
Q2 2009 Arne MøgsterM CEO Britt Kathrine Drivenes CFO Disclaimer This Presentation has been produced by (the Company or Austevoll ) solely for use at the presentation to the market held in connection with
More informationFOURTH QUARTER 2017 RESULTS. Oslo, 8 February 2018 CEO Christiaan Vermeijden, CFO Hege A. Veiseth
Disclaimer This quarterly presentation includes and is based, inter alia, on forward-looking information and statements that are subject to risks and uncertainties that could cause actual results to differ.
More informationP/F Bakkafrost Condensed Consolidated Interim Report for Q and 9 months 2013
P/F Bakkafrost Condensed Consolidated Interim Report for Q3 2013 and 9 months 2013 15000 10000 5000 0 Harvest volume - TGW Q3 12 Q4 12 Q1 13 Q2 13 Q3 13 Operational EBIT mdkk 200 150 100 50 0 Q3 12 Q4
More informationEWOS Group / INTERIM FINANCIAL REPORT / JANUARY DECEMBER 2014 TABLE OF CONTENTS
TABLE OF CONTENTS Disclaimer... 3 Presentation of the group... 4 Comments by the CEO... 5 Key financial figures... 6 Market conditions... 6 Operating and financial review... 7 Condensed interim financial
More informationWestern Bulk Chartering AS
Second quarter report 2016 www.westernbulk.com Content 1 Key Figures and Highlights... 3 1.1 Key Financial Highlights... 3 1.2 Dry Bulk Market Highlights... 4 2 Operational and Financial Review... 5 2.1
More informationThe global leader in aquaculture technology
The global leader in aquaculture technology 2Q 2010 presentation 19 August 2010 Morten Nærland, CFO & Acting CEO Agenda Background & highlights 2Q 2010 Financial review Outlook Q & A 2 3 AKVA group in
More informationRISH First Quarter 2018 Bergen 25 May 2018 GC RIEBER SHIPPING
RISH First Quarter 2018 Bergen 25 May 2018 GC RIEBER SHIPPING Agenda Highlights Q1 2018 Operational Review Financial Review Outlook and Summary Highlights Q1 2018 Restructuring process successfully concluded
More informationQ Presentation Oslo, May 10 th, 2012 Trond Williksen, CEO Eirik Børve Monsen, CFO
Q1 2012 Presentation Oslo, May 10 th, 2012 Trond Williksen, CEO Eirik Børve Monsen, CFO 1 Agenda Highlights Q1 2012 Trond Williksen, CEO Financial performance Q1 2012 Eirik Børve Monsen, CFO Outlooks Trond
More informationAustevoll Seafood ASA Financial report 4th quarter 2006
Austevoll Seafood ASA Financial report 4th quarter 2006 Page 1 of 10 The group s pro forma income for 2006 was NOK 3 465,9 million and the pro forma operating profit/loss before depreciation and amortization
More informationHarvest volume (GW) tonnes. Operating revenue NOK million. Operational EBIT NOK million Q2 11 Q3 11 Q4 11 Q1 12 Q2 12 Q2 11 Q3 11 Q4 11 Q1 12 Q2 12
The market showed strong ability to absorb 30% industry growth Prices in line with Q1 - Down 24% in Europe and ~35% in the US compared to Q2 2011 Satisfactory performance in Norway - excellent result in
More information