Participants addressed strategic aspects of the company and the industry, visited Multi X facilities and attended interesting discussion panels on issues relevant to salmon farming.
For the third consecutive year, Multi X offered a new Capital Markets Day, an event that brought together 23 executives and financial analysts, who had the opportunity to get an in-depth understanding of the salmon value chain and its main challenges.
The visits took place at the headquarters of Multi X located in Puerto Montt, on Tuesday 19 and Wednesday 20 November and among the attendees were representatives from the banking sector, investment funds, insurance companies and AFP.
This year, the Capital Markets Day had an interesting new format, with the inclusion of two discussion panels on strategic topics for the salmon farming industry, which were led by experts with notable careers.
The first panel titled Trends in Sustainability, counted with the participation of Rodrigo Solervicens, Strategy, Marketing and Technology director of Cargill Aqua Nutrition; Cecilia Campos, Rabobank’s advisor sustainability; and Francisco Lobos, Corporate Affairs and Sustainability Manager of Multi X.
The second panel, entitled Regulation for Sustainable Growth of the Salmon Industry, was attended by Mónica Cortés, associate of the Ferrada and Nehme law firm; Carlos Odebret, president of the Association of Salmoneros de Magellan; and Rubén Bascuñan, Legal Manager and Compliance of Multi X.
In addition, presentations and presentations were made by experts from both Multi X and other companies. This is how, during the first day, the Results Presentation of Multi X S.A. was carried out corresponding to the third quarter of the year. Next, Eduardo Waldron, general manager of Multisea, explained the fundamentals and opportunities of the operation of the fish farming of Post Smolts with RAS technology. In the same way, during day two, José Miguel de la CuadraSourcing Manager of Biomar, expounded on Expectations for Food Price. For its part, Fernando Pérez, commercial manager and Marketing of Multi X presented under the title Perspectives of the Salmon Market.
The general manager of Multi X, Cristián Swett, he emphasized that this initiative allows the company to link with the financial market, stressing that “with this new modality it was possible to offer our guests a general view on salmon farming and to address, with views of diverse voices, the main regulatory and reputational issues that affect the production of salmon”.
For his part, the manager of administration and finance of the company, José Ramón Gutiérrez del Pedregal“This instance is of great value to our company, as in it we transparently address the factors that drive our business, such as sustainability, regulation and future expectations on issues such as market prices and food costs. This is key in the communication and development of the relationship with the capital market.
About the event
The Capital Markets Day is an event organized by Multi X, which seeks to deliver projections of the company and industry, thus enhancing the link with the actors of the financial world, contributing to the knowledge of the salmon industry value chain, its complexities and challenges.
This year the tour included a visit to the Fresco and Frozen plant that the company has in the municipality of Puerto Montt. The executives knew about the Remote Food Center, from which Multi X centrally feeds about 60% of its marine water centers in operation and is currently in expansion work.
Finally, the participants had the opportunity to tour the Multisea fish farming, owned by a Joint Venture between Multi X S.A. and Sealand Aquaculture.
