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Mowi (MOWI) investor relations material
Mowi Investor presentation summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Key financial performance drivers
Total shareholder return is driven by share price changes and capital distribution, with ROE and ROCE as core metrics.
Operating efficiency, asset turnover, interest burden, tax burden, and equity multiplier are key components of ROE.
Mowi's earnings volatility and stock beta are lower than peers, resulting in a lower cost of equity.
Growth and operational efficiency
Farming volumes have grown at a CAGR above 5.1% since 2007, outpacing the industry.
Consistently ranked #1 or #2 on EBIT per kg across regions, reflecting strong cost control.
Realized EUR 408 million in cost savings from 2018 to H1 2026.
Asset and capital efficiency
Achieves 8% higher harvest volume per license than industry average in Norway.
Delivers higher EBIT per standard license in all Norwegian regions.
Capex per kg is NOK 3 lower than peers, boosting free cash flow to equity by 25%.
- Record revenue and EBIT on strong volumes and cost control, despite net loss from write-downs.MOWI
Q2 2026 - Record Q1 revenue and EBIT on strong volumes, lower costs, and stable 2026 guidance.MOWI
Q1 2026 - Record revenue and volumes, cost savings, and strategic moves drive strong 2026 outlook.MOWI
Q4 2025 - Record-high harvests, cost cuts, and raised volume guidance drive growth despite price pressure.MOWI
Q2 2025 - 600,000 tonnes harvest and EUR 8.5bn revenue by 2029, with major cost and sustainability gains.MOWI
CMD 2024 - Record Q3 revenues and volumes, but lower EBIT as prices fell; 2025 guidance raised to 520k GWT.MOWI
Q3 2024 - Record Q2 harvests, cost reductions, and robust outlook despite regulatory and market risks.MOWI
Q2 2024 - Record Q1 EBIT of EUR 214m, 12% volume growth, and Nova Sea deal support future outlook.MOWI
Q1 2025 - Record revenues, volumes, higher EBIT, and Nova Sea acquisition drive growth.MOWI
Q4 2024
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