The company brought together representatives from banks, insurance companies, and pension funds to discuss the company’s and industry’s projections.
For the third consecutive year, Multi X held its Capital Markets Day, an event that gathered various financial market players who, over two days, had the opportunity to gain an in-depth and on-site understanding of the company’s operations and processes, as well as the salmon value chain and its main challenges.
The visit took place at Multi X’s headquarters in Puerto Montt, where approximately 23 attendees—including representatives from banks, insurance companies, and pension funds—came to learn about the company’s and the industry’s projections for the upcoming year. Additionally, this year’s Capital Markets Day included two discussion panels on strategic topics for the salmon industry, led by renowned experts.
One of the panels, titled “Trends in Sustainability,” featured Rodrigo Solervicens, Veterinarian and Strategy, Marketing, and Technology Director at Cargill Aquaculture; Cecilia Campos, Industrial Civil Engineer and Sustainability Advisor at Rabobank; and Francisco Lobos, Head of People, Sustainability, and Corporate Affairs at Multi X.
The second panel, titled “Regulation for the Sustainable Growth of the Salmon Industry”, included Mónica Cortés, Lawyer and Associate at the Ferrada y Nehme law firm; Carlos Odebret, President of the Magallanes Salmon Farmers Association; and Rubén Bascuñán, Lawyer and Legal & Compliance Manager at Multi X.
Cristián Swett, CEO of Multi X, highlighted that “with this new format, we were able to provide our guests with a comprehensive view of salmon farming and address, from diverse perspectives, the key regulatory and reputational issues impacting salmon production”.
Additionally, presentations and lectures were given by experts from both Multi X and other companies. During the first day, Multi X S.A.’s third-quarter financial results were presented. Eduardo Waldron, General Manager of Multisea, explained the fundamentals and key challenges of Post Smolt farming operations using RAS technology. On the second day, José Miguel de la Cuadra, Sourcing Manager at Biomar, presented on “Feed Price Expectations,” while Fernando Pérez, Commercial and Marketing Manager at Multi X, shared insights under the title “Salmon Market Outlook”.
José Ramón Gutiérrez del Pedregal, CFO at Multi X, emphasized that “this event is of great value to our company, as it allows us to transparently discuss the key factors driving our business, such as sustainability, regulation, and future expectations on topics like market prices and feed costs”.
Capital Markets Day is an event organized by Multi X aimed at providing company and industry projections, strengthening relationships with financial sector players, and enhancing understanding of the salmon industry’s value chain, complexities, and challenges.
This year’s event included a visit to the company’s Fresh and Frozen Plant in Puerto Montt. Executives also toured the Remote Feeding Center, from which Multi X centrally feeds approximately 60% of its seawater farming sites—an operation currently undergoing expansion.
Finally, participants had the opportunity to visit the Multisea hatchery, which is owned through a Joint Venture between Multi X S.A. and Sealand Aquaculture.
