Akva Group Asa · OSL:AKVA

Akva Group Asa — NASF 2024

18 slides from Akva Group Asa's conference presentation, Mar 7, 2024

  1. Slide 1: NASF 2024 Presentation

    NASF 2024 Presentation Bergen, 7 March 2024 Knut Nesse, CEO Pioneering a better future

  2. Slide 2: From single components to complete solutions

    From single components to complete solutions Sea Based Land Based Digital Pioneering a better future

  3. Slide 3: AKVA group in a brief

    AKVA group in a brief AKVA group is the leading technology and service partner to the aquaculture industry worldwide. Listed on Oslo stock exchange Total turnover in Technology leader since 2006 2023: 1.415 employees Companies in 11 through 40 years NOK 3.4 billion countries Pioneering a better futu

  4. Slide 4: Our presence

    Our presence Present in all markets with offices in:  Norway  Denmark  Scotland  Lithuania  Spain  Greece  Turkey  Chile  Canada  China  Australia Pioneering a better future

  5. Slide 5: Key figures | Full year 2023

    Key figures|Full year 2023 Revenue EBITDA EBIT 3 431 MNOK 263 MNOK 68 MNOK 337 3 376 3 431 302 147 3 177 3 122 3 077 272 263 120 68 62 158 2019 2020 2021 2022 2023 2019 2020 2021 2022 2023 -56 2019 2020 2021 2022 2023 * Note: EBITDA of MNOK 158 in 22 is impacted by * Note: Negative EBIT of MNOK 56 i

  6. Slide 6: Development order intake and order backlog

    Development order intake and order backlog Order intake (MNOK) Order backlog (MNOK) 1 840 2 884 89 162 2 609 150 2 396 150 1 984 1 170 1 062 1 688 106 30 1 905 889 103 1 728 1 454 34 33 527 718 1 018 683 600 0 40 4 21 Digital Digital 823 613 690 574 679 Land Based 902 Land Based 861 817 731 792 Sea

  7. Slide 7: Strategic and Operational Status

    Strategic and Operational Status Pioneering a better future

  8. Slide 8: Underlying demand growth implies 0.7-1.3 million ton volume increase by 2030

    Underlying demand growth implies 0.7-1.3 million ton volume increase by 2030 Extrapolation of underlying demand growth for salmon 2012-2030 Consumption of Atlantic salmon WFE in mill. tons Main supply and demand drivers Growth in demand driven by emerging salmon 5.0 High demand growth (~4.5%)1 2022-

  9. Slide 9: Precision Farming - Sea Based Solutions

    Precision Farming - Sea Based Solutions - From advanced, tailored marine infrastructure to single components and products Marine Precision Deep farming Infrastructure Feeding & Lice control - quality equipment for better - for optimizing fish - reducing lice problems operations performance, feed con

  10. Slide 10: Deep farming concept - Nautilus

    Deep farming concept - Nautilus - Can solve one of the biggest sustainability challenges in aquaculture: salmon lice Important innovations Digital support Airdome Waterborne feeding NAUTILUS Pioneering a better future

  11. Slide 11: Current digital solutions

    Current digital solutions  104 sites worldwide on  Global market share of 60%  353 sites worldwide on  17 sites worldwide on recurring revenue model recurring revenue model recurring revenue model  25 new sites in 2022  125 new sites in 2022  64 new sites in 2023  178 new sites in 2023 Pione

  12. Slide 12: Innovation agenda for Land Based Salmon Farming

    Innovation agenda for Land Based Salmon Farming Delivering complete scope of fish Market leading RAS technology farming technology (e.g. feeding, fish 1 enabling sustainable and cost-effective 2 tanks, fish handling, camera, lights, production sensors, control system) Data driven insight and intelli

  13. Slide 13: Post-smolt RAS concept is validated

    Post-smolt RAS concept is validated There are significant benefits from a post smolt strategy:  Reduced time in the sea means less lice treatment and improved fish health  Better utilization of licenses provides improved volume with 30% or higher dependent on the size of the post smolt Outlook – p

  14. Slide 14: NOAP phase I will be finished in Q1-2024

    NOAP phase I will be finished in Q1-2024  Construction of NOAP phase I will be completed in Q1 2024. Annual capacity of 4,000t  NOAP phase II is initiated with additional annual capacity of 4,000t  Phase II to be executed towards end of 2024 and during 2025  AKVA has signed RAS contract for phas

  15. Slide 15: Expected activity level for Land Based

    Expected activity level for Land Based  Total order backlog of BNOK 1,5  During 2023 AKVA has signed the following contracts: – NOAP phase II MEUR 40 (full grow out): Project is started and will be executed next 2-3 years – Cermaq Finnmark MEUR 60 (post smolt): Project is started and will be execu

  16. Slide 16: Revised medium term financial targets

    Revised medium term financial targets Revenue growth Profitability EBIT enablers  2024: Min. 5% growth (BNOK 3,6)  2024: 4-5% EBIT  Operational excellence but no growth in Land Based  2025: min. 6% EBIT  Cost reduction program implemented 2023  Long term: Organic topline growth of  Improve RO

  17. Slide 17: Revenue and EBIT development

    Revenue and EBIT development Revenue (MNOK) EBIT (% & MNOK) 6,0% 6 240,0 4 000 220,0 5 200,0 3 600 3 376 3 431 4-5% 180,0 4 160,0 140,0 3 240 120,0 2,0% 100,0 2 144-180 80,0 60,0 1 40,0 68 0 20,0 0,0 -57 -20,0 -1 -1,7% -40,0 2022 2023 2024F 2025F -2 -60,0 2022 2023 2024F 2025F EBIT% EBIT MNOK Pionee

  18. Slide 18: We are investing in our future

    We are investing in our future Pioneering a better future

AKVA group — NASF 2024 on 6ix