Earnings Alerts

Mowi ASA (MOWI) Earnings: Preliminary 4Q EBIT Surpasses Estimates with EU226M

By January 16, 2025 No Comments
  • Mowi’s preliminary EBIT for the fourth quarter is about EUR 226 million, surpassing the estimated EUR 205.3 million.
  • Preliminary harvest volume is 133,500 metric tons, slightly exceeding the estimated 132,136 metric tons.
  • The harvest volume in Norway’s farming sector is preliminarily reported at 83.5 thousand gutted weight (TGW).
  • Chile’s farming sector reported a preliminary harvested volume of 22.5 TGW.
  • Scotland’s farming sector reported a preliminary harvested volume of 17.0 TGW.
  • The blended farming cost for the quarter was EUR 5.69 per kilogram, slightly lower than the third quarter, aligning with the company’s forecast.
  • The complete fourth-quarter report will be available on February 12 at 06:30 CET.
  • Analyst ratings for Mowi include 13 buys, 1 hold, and 1 sell.

A look at Mowi ASA Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth3
Resilience3
Momentum4
OVERALL SMART SCORE3.2

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

According to Smartkarma Smart Scores, Mowi ASA is positioned for a steady long-term growth trajectory. With balanced scores across key factors like Value, Dividend, Growth, Resilience, and Momentum, it indicates a promising outlook for the company. Mowi ASA‘s consistent performance in these areas suggests a stable and resilient profile, underpinned by a strong growth potential and positive market momentum. The company’s widespread reach in key markets such as Canada, Norway, and Scotland positions it well for continued success.

Operating globally, Mowi ASA is a significant player in the salmon market. With a strong presence in key regions like Norway, Canada, the United Kingdom, and the United States, the company’s strategic positioning enables it to capitalize on diverse market opportunities. The balanced Smart Scores across various parameters reflect Mowi ASA‘s ability to deliver value, sustain growth, and maintain resilience in the face of market dynamics. Overall, the company’s positive momentum underscores a promising outlook for investors eyeing long-term prospects in the seafood industry.


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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