MOWI quarter earnings

Note: This section contains information in English only.
Source: Dukascopy Bank SA
In Q4 2024, Mowi reported an Operational EBIT of EUR 225.9 million, up from EUR 203.1 million in Q4 2023, driven by record-high volumes. Annual revenue reached EUR 5.6 billion, with all-time high harvest volumes of 501,530 GWT. Operational EBIT for the year decreased to EUR 828.9 million due to lower price achievement.



Mowi raised its 2025 harvest volume guidance to 530,000 GWT, supported by strong biomass growth. Consumer Products and Feed segments saw strong performances, with Operational EBIT of EUR 52.8 million and Operational EBITDA of EUR 20.5 million in Q4. The company completed its 2024 cost savings program, achieving EUR 42 million in savings. Mowi also entered into an agreement to acquire a controlling stake in Nova Sea AS for EUR 625 million. With a strong financial position, Mowi declared a quarterly dividend of NOK 2.00 per share.

Mowi was ranked the world's most sustainable animal protein producer for the sixth year in a row.

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