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Mowi ASA

Mowi ASA is a seafood company that produces and sells Atlantic salmon products worldwide. It operates through Feed, Farming, Markets, Consumer Products, and other segments, covering salmon feed production, salmon farming and primary processing, and seafood secondary processing. Its products include whole fish, plain and marinated fillets and steaks, hot- and cold-smoked salmon, burgers and patties, as well as breaded, gravad, and sushi products. Formerly known as Marine Harvest ASA, it changed its name to Mowi ASA in December 2018; the company was founded in 1964 and is based in Bergen, Norway.

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Mowi posts record Q2 harvest of 150,000 tonnes, operational EBIT rises 23%

Mowi ASA reported a record-high second-quarter harvest volume of 150,000 tonnes gutted weight equivalent, up 13% from 133,000 tonnes in Q2 2025 and above the 140,000-tonne guidance given with its first-quarter results. Operational EBIT for the group reached approximately 231 million euros, a 23% increase from 189 million euros a year earlier, while blended farming cost fell to 5.21 euros per kilogram from 5.39 euros. The farming segment's operational EBIT per kilogram was highest in Canada at 2.05 euros, followed by Norway at 1.85 euros and Scotland at 1.80 euros, with Ireland and Iceland recording small losses. Consumer Products delivered operational EBIT of 29 million euros and Feed posted operational EBITDA of 16 million euros. Reported financial net interest-bearing debt stood at approximately 2,807 million euros at quarter-end, excluding IFRS 16 effects, and the full Q2 2026 report will be published on 18 August.
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GlobeNewswire·66dRead more →
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Cooke to acquire Mowi's salmon farming business in eastern Canada for C$225m

Seafood processor Cooke has struck a deal to acquire Norwegian rival Mowi's salmon farming business in eastern Canada for C$225 million. The transaction includes freshwater hatchery facilities, sea farming sites, and two processing plants across New Brunswick, Prince Edward Island, and Newfoundland and Labrador. Cooke CEO Glenn Cooke called the deal an exciting growth opportunity and said the company looks forward to welcoming Mowi Canada East's 250 employees. Mowi said the sale will allow it to focus more on core farming geographies and has lowered its 2026 volume guidance from 605,000 GWT to 600,000 GWT, expecting a C$140 million write-down. The deal is subject to due diligence and regulatory approvals and is expected to close in the second half of the year.
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Just Food·80dRead more →
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Mowi ASA grants 1.785 million options to 44 senior executives

Mowi ASA's Board of Directors granted 1.785 million share options to 44 senior executives on 18 June 2026, following authorization at the annual general meeting on 3 June. The options have a strike price of NOK 212.2822, set at 107.5% of the volume-weighted average share price on the Oslo Stock Exchange at the AGM date, and a four-year term. Half of the options are performance-based, vesting only if the company's share price outperforms peers, while the other half are ordinary options with no performance condition. CEO Ivan Vindheim received 200,000 options, bringing his total outstanding options to 841,979, and other primary insiders received allocations ranging from 15,000 to 100,000 options.
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Yahoo Finance·91dRead more →
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