
Grieg Seafood ASA (GRGSF) Q4 2025 Earnings Call Transcript
Grieg Seafood ASA (GRGSF) Q4 2025 Earnings Call Transcript
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Grieg Seafood ASA (GRGSF) Q4 2025 Earnings Call Transcript

Grieg Seafood ASA (OTCMKTS:GRGSF - Get Free Report)'s share price was up 7.8% on Monday. The stock traded as high as $7.33 and last traded at $7.33. Approximately 900 shares were traded during mid-day trading, a decline of 63% from the average daily volume of 2,440 shares. The stock had previously closed at $6.7974.

Grieg Seafood ASA (OTCPK:GRGSF) Q3 2025 Earnings Call November 13, 2025 2:00 AM EST Company Participants Nina Grieg - Chief Executive Officer Magnus Johannesen - Chief Financial Officer Conference Call Participants Henrik Knutsen - Pareto Securities AS, Research Division Herman Dahl - Nordea Markets, Research Division Christian Nordby - Arctic Securities AS, Research Division Tore Andreas Tonseth Presentation Nina Grieg Chief Executive Officer Good morning, and welcome to Grieg Seafood's third quarter presentation. My name is Nina Willumsen Grieg, and I am the CEO of Grieg Seafood.

Grieg Seafood ASA (OTCPK:GRGSF) Q2 2025 Earnings Conference Call August 26, 2025 2:00 AM ET Company Participants Magnus Johannesen - Chief Financial Officer Nina Willumsen Grieg - Interim Chief Executive Officer Nina Willumsen Grieg Good morning, and welcome to our presentation of Grieg Seafood Second Quarter Results for 2025. My name is Nina Willumsen Grieg.

Grieg Seafood ASA (OTCPK:GRGSF) Q1 2025 Results Conference Call May 27, 2025 2:00 AM ET Company Participants Nina Grieg - CEO Magnus Johannesen - CFO Conference Call Participants Christian Nordby - Arctic Securities Nina Grieg Good morning, and welcome to Grieg Seafood's First Quarter Presentation. We appreciate that so many have taken the time to join us.

Grieg Seafoods harvest volume for the third quarter of 2024 was approximately 17 700 tonnes GWT. Harvest volume (tonnes GWT) by region for the quarter: Rogaland: 8 500 Finnmark: 6 000 British Columbia: 3 200 Newfoundland: 0 (zero) The complete Q3 2024 report will be released on Wednesday 27 November 2024, at 06:00 CET.

Grieg Seafood ASA has mandated DNB Markets and Nordea as Global Coordinators and Green Bond Advisors and ABG Sundal Collier as Joint Bookrunner to arrange a series of fixed income investor calls commencing on 9 September 2024. Subject to, inter alia, market conditions, a NOK denominated senior unsecured green bond issue with a 4-year tenor may follow.

Highlights - Harvest volume of 15,272 tonnes (22,645 tonnes).- Operational EBIT in the quarter of NOK -35 million (NOK 547 million), with operational EBIT/kg of NOK -2.3 (24.2).

Grieg Seafood ASA will release its second quarter 2024 results on Wednesday, 21 August 2024, at 6:00 a.m. CEST. The same day at 10:45 a.m.

Grieg Seafood's harvest volume for the second quarter of 2024 was approximately 15 300 tonnes GWT. Harvest volume (tonnes GWT) by region for the quarter: Rogaland: 2 800 Finnmark: 3 900 British Columbia: 8 600 Newfoundland: 0 Harvest volumes were negatively impacted by low seawater oxygen levels in BC in May, causing an increase in mortality rates.

Issuer: Grieg Seafood ASA Ex-date: 20 June 2024 Dividend per share: 1.75 Nominated currency: NOK This information is published in accordance with the requirements of the Continuing Obligations and is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Reference is made to the press release from Fisheries and Oceans Canada on 19 June 2024. The Government of Canada announced a ban on open net-pen salmon aquaculture in British Columbia coastal waters by 30 June 2029.

The annual general meeting of Grieg Seafood ASA was held today, Wednesday 19 June 2024 at 10:00 am CEST. All agenda items were resolved as proposed in the annual general meeting notice.Please find attached both a Norwegian and an English version of the minutes of the annual general meeting.

The annual general meeting of Grieg Seafood ASA will be held virtually on Wednesday, 19 June 2024 at 10:00 am CEST. The notice is attached both in Norwegian and English language.

Highlights Harvest volume of 21,075 tonnes (15,357 tonnes) Operational EBIT in the quarter of NOK 292 million (NOK 385 million), with operational EBIT/kg of NOK 13.8 (25.1) Rogaland delivered second best quarterly results ever Results in Finnmark significantly impacted by historical biological challenges and downgrades Successful completion of harvest of the first generation in Newfoundland, with high share of superior quality Construction of post-smolt facilities in Rogaland, Finnmark and Newfoundland on track Process to identify long-term partners to take part in the development of Canadian operations is ongoing 65% of the harvested volume in the quarter ASC certified Expect to harvest 17,100 tonnes in Q2 2024 Target harvest volume for the full year 2024 remains at 81,000 tonnes Financial results Operational EBIT for Grieg Seafood was NOK 292 million in the first quarter of 2024, compared to NOK 385 million in the corresponding period in 2023. Harvest volume was 21,075 tonnes during the period (15,357), which gives an operational EBIT per kg of NOK 13.8 (25.1).

Grieg Seafood ASA will release its first quarter 2024 results on Thursday, 16 May 2024, at 6:00 a.m. CEST. On the same day at 8:00 a.m.

Grieg Seafoods harvest volume for the first quarter of 2024 was approximately 21 000 tonnes GWT. Harvest volume (tonnes GWT) by region for the quarter: Rogaland: 9 400Finnmark: 5 700British Columbia: 700Newfoundland: 5 200 The complete Q1 2024 report will be released on Thursday 16 May 2024 at 06:00 CEST.

Dividend amount: 1.75 per share Declared currency: NOK Last day including right: 19 June 2024 Ex-date: 20 June 2024 Record date: 21 June 2024 Payment date: 27 June 2024 Date of approval: The proposed cash dividend is subject to approval by the annual general meeting of Grieg Seafood ASA on 19 June 2024. For further enquiries, please contact: Andreas Kvame, CEOCell phone: +47 907 71 441 Atle Harald Sandtorv, CFOCell phone +47 908 45 252 This information is published in accordance with the requirements of the Continuing Obligations and is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Grieg Seafood ASA publishes its Integrated Annual Report 2023, including the sustainability report and the financial accounts. Profit before tax totaled NOK 844 million for 2023, as reported in Q4 2023.

Highlights Harvest volume of 21,767 tonnes (21,186 tonnes) Operational EBIT in the quarter of NOK -67 million (NOK 156 million), with operational EBIT/kg of NOK -3.1 (7.4). Full year Operational EBIT of NOK 780 million, with an operational EBIT of NOK 10.8 per kg Quarterly results impacted by historical biological events Good biological results of first harvest in Newfoundland, with high survival and high share of superior quality Executing on post-smolt strategy, construction of 3,000 tonnes capacity post-smolt facility in Finnmark initiated Initiatives to reduce costs by NOK 150 million over two years as part of our improvement program Process to identify long-term partners to take part in the development of Canadian operations is ongoing 76% of the harvested volume in the quarter ASC certified Expect to harvest 17,800 tonnes in Q1 2024 Target harvest volume of 81,000 tonnes for the full year 2024 Financial results Operational EBIT for Grieg Seafood was NOK -67 million in the fourth quarter, compared to NOK 156 million in the corresponding period 2022.