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Mowi posts second-best Q1 profit with record revenues and harvest volumes in 2026

Company Fundamentals
13 May 2026
Na
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Bullish
pluang ai news

Mowi ASA reported its second-best first quarter operational profit of EUR 221 million in 2026, driven by record-high revenues of EUR 1.54 billion and a harvest volume of 136,000 tonnes. Despite a 14% drop in salmon prices due to high supply growth, Mowi maintained solid earnings and expects total harvest of 605,000 tonnes for the year, reflecting 8.3% growth. The company also reduced farming costs by 7.3% year-on-year and saw strong demand growth in Asia, the USA, and Europe. Mowi plans to expand its downstream processing and feed production to capitalize on market growth and declared a quarterly dividend of NOK 2.30 per share.

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