Grieg Seafood ASA (GRGSF) Q4 2025 Earnings Call Transcript

SA Transcripts158.6K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call Grieg Seafood ASA (GRGSF) Q4 2025 Earnings Call February 25, 2026 2:00 AM EST Company Participants Nina Grieg - Chief Executive OfficerMagnus Johannesen - Chief Financial Officer Conference Call Participants Stein Aukner - DNB Carnegie, Research DivisionChristian Nordby - Arctic Securities AS, Research Division Presentation Nina GriegChief Executive Officer Good morning, and welcome to Grieg Seafood's Fourth Quarter Presentation. My name is Nina Willumsen Grieg, and I'm the CEO of Grieg Seafood. Together with me today is also our CFO, Magnus Johannesen. Today's agenda will cover a current status on our strategic turnaround and updates on our operational and market performance. As always, Magnus will walk us through our financial review and also share some information on the dividend after the transaction. Starting with the highlights of the quarter. This is our final presentation covering discontinued operations, and I'm pleased that the closing occurred as scheduled in Q4. It has required quite some resources and focus from our organization, and we look forward to focusing solely on Rogaland going forward. Q4 represents a solid quarter, harvesting just below 7,400 tonnes and delivering a farming EBIT of NOK 20.7 per kilo, a result we are very pleased with. I will get back to details on this in our operational review. A high priority for the management team continues to be restructuring of the company. We are continuously doing changes and improvements in our balance sheet, structure and operating model. As a result of the closing of the transaction, we have used the proceeds to repay debt, taking up a new syndicate with Nordea and SEB, and the Board has taken the principal decision to advise the general assembly to pay NOK 4 billion in distribution to shareholders. I will continue to repeat this slide and our new focused strategy. We