- Mowi’s net income for the second quarter was significantly lower than expected, coming in at €46.0 million compared to the estimate of €121.4 million.
- Revenue was reported at €1.39 billion, falling short of the projected €1.46 billion.
- Earnings before interest and taxes (Ebit) exceeded expectations, reaching €188.5 million, against the forecast of €180.9 million.
- Operational EBITDA was below expectations at €241.8 million, with estimates set at €256.6 million.
- A dividend of NOK 1.45 per share has been announced.
- The operational Ebit per kilogram was €1.41, surpassing the estimate of €1.33.
- Harvest volumes in the second quarter included 72,600 tonnes gutted weight (TGW) from Norway, 15,356 TGW from Chile, and 24,199 TGW from Scotland.
- Mowi has revised its 2025 volume guidance upwards to 545,000 tonnes due to robust seawater growth, signifying a 9% annual growth rate from 2024.
- The company reported its lowest production cost since 2022 in the second quarter, adding €49 million to earnings.
- Lower feed prices and various strategic cost-cutting measures helped reduce production costs.
- Mowi’s downstream processing business benefited from lower salmon prices, leading to cheaper raw materials and improved earnings.
- Analyst ratings for Mowi include 10 buys and 5 holds, with no sell recommendations.
Mowi ASA on Smartkarma
Analyst coverage of Mowi ASA on Smartkarma reveals insights from Baptista Research. In their report titled “Mowi ASA – Global Demand Roars Back, But Will Tariffs Slam the Brakes?”, the analysts express a bullish sentiment. They highlight Mowi ASA‘s impressive operational profit of EUR 214 million and revenue of EUR 1.36 billion in Q1 2025, showcasing substantial growth compared to the previous year. The company’s strong financial performance is attributed to robust operational and biological metrics, with harvest volumes increasing by 12% to 108,000 tonnes year-over-year due to favorable environmental conditions in both hemispheres.
A look at Mowi ASA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analyzing the Smartkarma Smart Scores for Mowi ASA gives us a balanced outlook for the company. With scores of 3 for Value, Dividend, Growth, and Resilience, it indicates that Mowi ASA is steady across these factors. This suggests that the company is performing adequately in terms of its value, dividend payments, growth prospects, and resilience to market fluctuations. Furthermore, the Momentum score of 4 indicates that there may be positive trends in the company’s stock performance, potentially pointing towards a favorable market sentiment.
Mowi ASA, known for selling and marketing salmon products globally, has a presence in key markets such as Canada, Norway, and Scotland. Through its sales network in Norway, Canada, the United Kingdom, and the United States, Mowi ASA has established itself as a significant player in the salmon industry. With a balanced outlook across various factors based on Smartkarma Smart Scores, Mowi ASA appears to be positioned moderately well for the long term, poised to leverage its market presence and potential growth opportunities.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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