Core Insights - Mowi reported operating revenues of EUR 1.36 billion and an operational profit of EUR 214 million in Q1 2025, showing an increase compared to the same quarter last year due to strong biological and operational performance [1][2] - The company harvested 108,000 tonnes in Q1 2025, a 12% increase year-on-year, and maintains a harvest volume guidance of 530,000 tonnes for the year, projecting a 6% annual growth [3][5] - Mowi's feed segment also performed well, contributing to the overall growth in harvest volumes, with record-high earnings and sold volumes for the first quarter [7][8] Financial Performance - Mowi's operational profit of EUR 214 million reflects strong performance driven by high harvest volumes and improved cost management [1] - The company plans to pay a quarterly dividend of NOK 1.70 per share, indicating confidence in its financial health [8] Market Dynamics - Global supply growth in Q1 2025 was 13% in Europe and 8% globally, attributed to a one-off correction after three years of challenging biological conditions [6][7] - Demand for salmon remained strong across Europe, the Americas, and Asia, although high supply growth has put pressure on market prices [6] Strategic Initiatives - Mowi's strategic focus on volume growth across the value chain is evident, with a projected increase in harvest volumes from 375,000 tonnes in 2018 to 600,000 tonnes by the end of 2026, representing a CAGR of 5.1% [5] - The company has increased its ownership of Nova Sea from 49% to 95%, which is expected to further enhance its harvest capacity [3]

关税风暴下，茂 名罗非鱼的产业 破局与韧性生长 | 茂名罗非鱼深 调研 ①_南方+_ 南方plus 5月12日，中美 经贸高层会谈达 成重要共识并取 得实质性进展， 这场备受关注的 对话，牵动着中 国罗非鱼产业从 业者的神经。作 为全球最大的罗 非鱼生产国，中 国年产量超过 170万吨，其中 茂名地区贡献了 全国1/7的产 量。当美国对华 水产品最高关税 突破150%时， 这场产业保卫战 正考验着"中国 罗非鱼之都"的 韧性。 此前的加征关 税，对于罗非鱼 加工来说，产业 高州石鼓镇罗非鱼出塘。 此次行情下降， 主要原因是特朗 普的关税政策。 对中国罗非鱼加 征关税，从特朗 普第一任期内就 已开始。2019年 遭受重击。高关 税下，罗非鱼产 业何去何从？内 销市场已经注定 是产业链重点发 力方向。正如环 球水产国内销售 总监黄晓霞所 说："即使关税 降下来，我们也 会刻意减少输美 产品所占的比 重，形成内销 +外销'两条 腿'走路的格 局。" 关税"重锤"下的 产业震荡 4月底，广东茂 名石鼓镇养殖户 朱武强的罗非鱼 正在出塘，这批 鱼规格是1.5-2.5 斤，出塘价是 4.65元/斤，朱武 强介绍，这批鱼 ...

Core Insights - AKVA group reported a strong Q1 2025 with revenue of MNOK 1,013, a 29% increase from Q1 2024 [1][2] - EBITDA rose from MNOK 67 in Q1 2024 to MNOK 113 in Q1 2025, indicating improved profitability [1][3] - The total order intake for Q1 2025 was BNOK 1.2, up from MNOK 917 in Q1 2024, with a backlog of BNOK 2.8 at the end of March 2025 [1][2] Financial Performance - The Sea Based segment generated revenue of MNOK 804 in Q1 2025, up from MNOK 646 in Q1 2024, with EBITDA and EBIT margins improving to 11.9% and 7.0% respectively [3] - The Land Based segment saw revenue increase to MNOK 176 from MNOK 101, with EBITDA turning positive at MNOK 10 [4] - Digital segment revenue decreased slightly to MNOK 32 from MNOK 37, but EBITDA improved to MNOK 7 [5] Order Intake and Backlog - Order intake for Q1 2025 was MNOK 1,200, supported by a significant contract from Cermaq Chile [2][3] - The order backlog at the end of Q1 2025 was MNOK 2,799, with 55% related to Land Based Technology [9] Balance Sheet and Cash Position - Working capital as a percentage of rolling revenue improved to 8.9% from 11.3% [6] - Cash and unused credit facilities amounted to MNOK 500, up from MNOK 283 [6] Dividend and Shareholder Returns - The company declared a dividend of NOK 1 per share for the first half of 2025, with plans for reassessment for the second half [8] Outlook and Future Plans - AKVA group anticipates continued strong momentum in deep farming concepts and aims for a minimum revenue of BNOK 4.0 and EBIT of 6% in 2025 [10]

新华网沈阳5月8日电（赵健彤） 春日的辽沈大地，草木蔓发，生机盎然。 酸菜生产车间里，智能化生产加工线高效运转；白羽肉鸡养殖场内，标准化养殖笼架排列有序；鲜鱼批发市场里，一车车 沈阳本地淡水鱼源源不断地运往全国各地；"稻梦空间"景区内，新一年的稻田画也进入了最后的定稿阶段……一幅现代农业高 质量发展的画卷正在这里徐徐展开。 从智能化养殖到品牌赋能，从"土特产"升级到全产业链延伸，沈阳市以酸菜、肉鸡、淡水鱼、稻田画等特色产业为支点， 撑起现代农业的"四梁八柱"，为乡村振兴注入澎湃动能。 航拍沈阳稻田。新华网发 刘配成摄 因地制宜 让"沃土"变"粮仓" "起网啦！"伴随着一声吆喝，数万斤鲜鱼跃出水面。当下正值沈阳新民市淡水鱼养殖业开渔季，鱼市回暖，多种鱼类深受 市场欢迎。 "鳜鱼、鲤鱼、鲫鱼、草鱼都是明星产品！"养殖户老高正在池塘边忙活着："咱沈阳的淡水鱼肥嫩鲜美，很多客户已经和我 预订了。" 好水养好鱼。地处北纬42°农作物种植"黄金带"的沈阳，不仅拥有肥沃的土地，还是淡水鱼养殖的"天然鱼塘"。 沈阳地处长白山余脉与辽河冲积平原过渡地带，境内辽河流域水生生物资源丰富，水源充沛，且水质多以弱碱性水为主， 水域年均 ...

Core Insights - SalMar ASA and Wilsgård Sea Service AS are proceeding with a merger plan involving SalMar Farming AS as the acquiring company and Wilsgård as the transferring company [2] - The valuation of Wilsgård is set at NOK 1,767 million, with 80% of the merger consideration being shares and 20% in cash [3] - SalMar will increase its share capital by NOK 392,054 through the issuance of 1,568,216 shares at a nominal value of NOK 0.25 each, with a share price of NOK 563.38 [4] Company Developments - SalMar currently holds a 37.5% ownership interest in Wilsgård, which has a significant presence in Northern Norway with 5,844 tonnes MAB in licenses [5] - The merger aims to enhance operational efficiency, reduce costs, and improve financial resilience in the fisheries and aquaculture sectors [5] - The completion of the merger is anticipated in summer 2025, pending approval from relevant authorities [6]

SalMar ASA (rated BBB+ by Nordic Credit Rating) has today issued a new commercial paper of NOK 1 000,000,000. Issue date: 13 March 2025 Maturity date: 15 September 2025 Coupon: 5.04 % p.a. Manager: DNB Markets About SalMar SalMar is one of the world's largest and most efficient producers of salmon. The Group has farming operations in Central Norway, Northern Norway and Iceland, as well as substantial harvesting and secondary processing operations. In addition, the company is operating within offshore aquacu ...