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Mowi ASA (OSE:MOWI): Board changes
Globenewswire· 2026-02-27 21:00
Today, on 27 February 2026, Ørjan Svanevik has resigned from his position as Chair of the Board of Mowi ASA. The resignation as Chair of the Board is the result of Svanevik´s termination of his employment with Seatankers Management, an associated company of Geveran Trading Co. Ltd, and will be effective immediately. The nomination committee has been informed of Svanevik´s resignation and thanks him for his service. The remaining board members will constitute a quorum. The Vice Chair of the Board, Leif Teksu ...
Mowi ASA GAAP EPS of €1.02, revenue of €1.59B (Pink Limited Info:MHGVY)
Seeking Alpha· 2026-02-11 06:28
Group 1 - The article does not provide any relevant content regarding company or industry insights [1]
Mowi ASA (OSE:MOWI): Presentation of Q4 2025 results 11 February 2026 at 08:00 (CET)
Globenewswire· 2026-02-02 05:30
Group 1 - Mowi ASA will present the results for the fourth quarter of 2025 at The Salmon, Oslo, Norway [1] - The presentation will be conducted in English via a live webcast, followed by a Q&A session where participants can submit questions online [1] - A recording of the webcast will be available on the company's website immediately after the presentation [1] Group 2 - The quarterly report and presentation will be published at 06:30 (CET) [2] - This information is in compliance with the disclosure requirements of the Norwegian Securities Trading Act [2]
Mowi ASA (OSE:MOWI): Q4 2025 Trading update
Globenewswire· 2026-01-21 05:30
Core Insights - The company reported record-high full year harvest volumes of 559 thousand tonnes in 2025, representing an 11.4% increase from 502 thousand tonnes in 2024 [1]. Harvest Volumes - Harvest volumes for Q4 2025 were as follows: - Farming Norway: 98.0 thousand tonnes (FY: 332 thousand tonnes) - Farming Scotland: 12.5 thousand tonnes (FY: 72 thousand tonnes) - Farming Chile: 26.5 thousand tonnes (FY: 78 thousand tonnes) - Farming Canada: 6.5 thousand tonnes (FY: 37 thousand tonnes) - Farming Ireland: 1.0 thousand tonnes (FY: 11 thousand tonnes) - Farming Faroes: 3.5 thousand tonnes (FY: 15 thousand tonnes) - Farming Iceland (Arctic Fish): 4.0 thousand tonnes (FY: 15 thousand tonnes) - Total: 152.0 thousand tonnes (FY: 559 thousand tonnes) [1]. Financial Performance - Operational EBIT for the Group in Q4 2025 was approximately EUR 213 million (NOK 2.5 billion) [4]. - The blended farming cost was EUR 5.36 per kg in Q4 2025, down by 5.8% from Q4 2024 [4]. - Total Q4 Operational EBIT per kg by region was: - Norway: EUR 2.00 - Scotland: EUR 1.40 - Chile: EUR 0.35 - Canada: EUR (2.30) - Faroes: EUR 1.65 - Iceland: EUR 0.10 [4]. - Operational EBIT in Consumer Products was EUR 46 million, and Operational EBITDA in Feed was EUR 20 million in Q4 2025 [4]. - Reported financial net interest-bearing debt (NIBD) for the group was approximately EUR 2,650 million at the end of the quarter [4].
Mowi ASA (OSE:MOWI): Q4 2025 Trading update
Globenewswire· 2026-01-21 05:30
Harvest Volumes - Total harvest volumes for Q4 2025 reached 152.0 thousand tonnes, contributing to a record-high full year total of 559 thousand tonnes, which represents an 11.4% increase from 502 thousand tonnes in 2024 [1] - Breakdown of Q4 2025 harvest volumes by region includes: Norway (98.0 thousand tonnes), Scotland (12.5 thousand tonnes), Chile (26.5 thousand tonnes), Canada (6.5 thousand tonnes), Ireland (1.0 thousand tonnes), Faroes (3.5 thousand tonnes), and Iceland (4.0 thousand tonnes) [1] Financial Performance - Operational EBIT for the Group in Q4 2025 was approximately EUR 213 million (NOK 2.5 billion) [4] - The blended farming cost decreased to EUR 5.36 per kg, down by 5.8% from Q4 2024, indicating improved cost efficiency [4] - Operational EBIT per kg varied by region, with Norway at EUR 2.00, Scotland at EUR 1.40, Chile at EUR 0.35, Canada at EUR (2.30), Faroes at EUR 1.65, and Iceland at EUR 0.10 [4] Debt and Future Reporting - The reported financial net interest-bearing debt (NIBD) for the group was approximately EUR 2,650 million at the end of Q4 2025, excluding IFRS 16 effects [4] - The complete Q4 2025 report is scheduled for release on 11 February at 06:30 CET [4]
Mowi enters into strategic feed partnership with Skretting/Nutreco
Globenewswire· 2025-12-22 06:00
Core Insights - Mowi ASA has entered into a strategic partnership with Skretting/Nutreco to enhance its feed production capabilities, utilizing Skretting's feed formulation to improve salmon farming operations [1][2][3] Partnership Details - The partnership is a result of a strategic review of Mowi's Feed Division, concluding that collaboration with Skretting is the preferred outcome [2][3] - Mowi will continue to produce feed while benefiting from Skretting's expertise in feed formulation, which is expected to drive significant cost improvements and ensure high-quality feed performance [3][4] Financial Implications - The partnership is projected to deliver over NOK 650 million (EUR 55 million) in annualized net cost savings through enhancements in feed formulation, procurement, and logistics [7] - Mowi Feed is expected to contribute an EBITDA of NOK 825 million (EUR 70 million) in 2026, with total EBITDA from the partnership and retained feed business unit exceeding NOK 1,475 million (EUR 125 million) [7] - This translates to an EBIT per kg (GWT) of NOK 2.1 (EUR 0.18) for Mowi Group and NOK 2.6/kg (EUR 0.22) for Mowi Norway, equating to earnings per share of NOK 1.7 (EUR 0.14) [7] Strategic Importance - The collaboration with Skretting is seen as a low-risk solution that formalizes a long-standing relationship, allowing Mowi to drive innovations and cost improvements effectively [5][6] - Retaining Mowi Feed with its advanced factories in Norway and Scotland allows the company to maintain profit within the feed value chain, which is expected to become more profitable as the feed market tightens [6][7] Company Overview - Mowi is a leading global seafood company and the largest producer of farm-raised Atlantic salmon, with an estimated harvest of 605,000 tonnes in 2026 from multiple countries [8][9] - The company employs 12,300 people across 26 countries and reported a turnover of EUR 5.6 billion in 2024 [9]
Mowi ASA – Successful placement of new senior unsecured green bonds
Globenewswire· 2025-11-27 15:17
Group 1 - Mowi ASA successfully issued NOK 4,500 million (EUR 382 million) in new senior unsecured green bonds, split into two tranches [1][2] - The first tranche of NOK 3,500 million (EUR 297 million) has a tenor of 5 years with a coupon of 3-month Nibor + 1.10% margin p.a., while the second tranche of NOK 1,000 million (EUR 85 million) has a fixed coupon of 4.95% p.a. [1] - The entire issue amount and coupons will be swapped into floating EUR, and the transaction was well oversubscribed [1] Group 2 - Proceeds from the green bond issues will be allocated to green projects as defined by Mowi's Green and Sustainability-Linked Financing Framework dated May 2023 [2] - The settlement date for both tranches is set for 5 December 2025, with an application for listing on the Oslo Stock Exchange [2] Group 3 - Danske Bank, DNB Carnegie, and Nordea acted as Joint Global Coordinators, with additional support from ABN AMRO, Crédit Agricole Corporate and Investment Bank, Rabobank, and SEB as Joint Lead Managers [3] - Mowi is one of the world's leading seafood companies and the largest producer of farm-raised Atlantic salmon, with an estimated 2026 harvest of 605,000 tonnes from seven farming countries [4][5] - Mowi employs 12,300 people in 26 countries and reported a turnover of EUR 5.6 billion in 2024 [5]
Mowi ASA – Green Bond Mandate Announcement and Fixed Income Investor Meetings
Globenewswire· 2025-11-25 06:30
Company Overview - Mowi ASA is one of the world's leading seafood companies and the largest producer of farm-raised Atlantic salmon, with an estimated harvest of 605,000 tonnes in 2026 from seven countries [2][3] - The company is headquartered in Bergen, Norway, employs 12,300 people across 26 countries, and is listed on the Oslo Stock Exchange [3] - Mowi reported a turnover of EUR 5.6 billion in 2024 [3] Sustainability and Market Position - Mowi is recognized as the most sustainable listed animal protein producer globally, according to Coller FAIRR [3] - The company operates under its own MOWI brand, providing high-quality salmon and other seafood to consumers worldwide [3] Financial Activities - Mowi has mandated several banks to arrange a series of fixed income investor meetings, indicating potential future NOK-denominated senior unsecured green bond issues, swapped to EUR, with a minimum tenor of 5 years [1][2] - The issuance of these bonds is subject to market conditions [2]
Mowi ASA (OSE:MOWI): Extraordinary General Meeting held
Globenewswire· 2025-11-20 14:57
Group 1 - The Extraordinary General Meeting (EGM) of Mowi ASA was held on 20 November 2025 [1] - All items proposed on the agenda during the EGM were adopted [1] - The minutes from the EGM are available as an office translation attachment [2]
Mowi ASA: Ex-dividend NOK 1.50 today
Globenewswire· 2025-11-14 05:30
Core Points - Mowi ASA shares will be traded ex-dividend of NOK 1.50 starting from 14 November 2025 [1] Summary by Category - **Dividend Information** - Mowi ASA will have its shares traded ex-dividend at NOK 1.50 from 14 November 2025 [1]