- Mowi reported fourth-quarter EBIT of EU225.9 million, surpassing the estimated EU214 million.
- Operational EBITDA for the same period was EU279.2 million.
- A dividend of NOK2.00 per share was declared.
- Operational EBIT per kilogram came in at EU1.69, beating the estimate of EU1.55.
- Harvested volumes by region were as follows:
- Norway: 83,649 tonnes gutted weight (TGW)
- Chile: 22,281 TGW
- Scotland: 16,953 TGW
- Analyst recommendations include 12 buys, 2 holds, and 1 sell.
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
According to Smartkarma Smart Scores, Mowi ASA has a generally positive long-term outlook based on its scores in various factors. The company scores average across the board, with a mid-range score for Value, Dividend, Growth, and Resilience, indicating a balanced performance in these areas. However, Mowi ASA stands out with a relatively higher score in Momentum, suggesting a strong current market performance and potential for future growth. Overall, Mowi ASA seems to have a stable footing in the market with room for advancement.
As per the provided scores, Mowi ASA‘s outlook appears favorable for the long term. While not excelling in any particular area, the company’s balanced scores across key factors such as Value, Dividend, Growth, and Resilience signify a solid foundation for future development. Moreover, the higher Momentum score indicates a positive market sentiment and potential for continued success. With its operations spanning various countries and a focus on selling salmon globally, Mowi ASA seems well-positioned to capitalize on market opportunities and sustain its growth trajectory.
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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