Skip to main content

Mowi ASA (OSE:MOWI): Q3 2026 Trading update

Written by Customer Service on . Posted in Public Companies.

Harvest volumes Q3 2026 (1)

Farming Norway134.0 thousand tonnes 
Farming Scotland11.5 thousand tonnes 
Farming Chile23.5 thousand tonnes 
Farming Canada West7.5 thousand tonnes 
Farming Ireland2.5 thousand tonnes 
Farming Faroes3.0 thousand tonnes 
Farming Iceland (Arctic Fish)4.0 thousand tonnes 
Total186.0 thousand tonnes 

Harvest volumes of 186 thousand tonnes were all-time high for a quarter (166 thousand tonnes in Q3 2025).

Note:
(1) The harvest volumes are provided in gutted weight equivalents (GWT).

Additional information

Operational EBIT for the Group was seasonally record-high of EUR 275 million (NOK 3 017 million, EURNOK 10.97) in Q3 2026 compared with EUR 112 million in Q3 2025. Blended farming cost was EUR/kg 5.11 in the quarter, down from EUR/kg 5.42 in Q3 2025 equivalent to a cost reduction of EUR/kg 0.31, or EUR 51 million (NOK 559 million).

Total Q3 Operational EBIT per kg through the value chain for our main origins was approximately as follows:

NorwayEUR1.80
ScotlandEUR1.70
ChileEUR0.55
Canada WestEUR1.25
    

Operational EBIT in Consumer Products was EUR 45 million. Operational EBITDA in Feed was EUR 34 million in Q3 2026. Reported financial net interest-bearing debt (NIBD) for the group was approximately EUR 2 886 million at the end of the quarter (excluding IFRS 16 effects). The complete Q3 2026 report will be released on 4 November at 06:30 CET.

Please refer to the Annual Report for detailed descriptions and reconciliations of non-IFRS measures such as Operational EBIT and NIBD.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.