Mowi ASA (OSE:MOWI): Q3 2026 Trading update
Harvest volumes Q3 2026 (1)
| Farming Norway | 134.0 thousand tonnes | |
| Farming Scotland | 11.5 thousand tonnes | |
| Farming Chile | 23.5 thousand tonnes | |
| Farming Canada West | 7.5 thousand tonnes | |
| Farming Ireland | 2.5 thousand tonnes | |
| Farming Faroes | 3.0 thousand tonnes | |
| Farming Iceland (Arctic Fish) | 4.0 thousand tonnes | |
| Total | 186.0 thousand tonnes |
Harvest volumes of 186 thousand tonnes were all-time high for a quarter (166 thousand tonnes in Q3 2025).
Note:
(1) The harvest volumes are provided in gutted weight equivalents (GWT).
Additional information
Operational EBIT for the Group was seasonally record-high of EUR 275 million (NOK 3 017 million, EURNOK 10.97) in Q3 2026 compared with EUR 112 million in Q3 2025. Blended farming cost was EUR/kg 5.11 in the quarter, down from EUR/kg 5.42 in Q3 2025 equivalent to a cost reduction of EUR/kg 0.31, or EUR 51 million (NOK 559 million).
Total Q3 Operational EBIT per kg through the value chain for our main origins was approximately as follows:
| Norway | EUR | 1.80 | ||
| Scotland | EUR | 1.70 | ||
| Chile | EUR | 0.55 | ||
| Canada West | EUR | 1.25 | ||
Operational EBIT in Consumer Products was EUR 45 million. Operational EBITDA in Feed was EUR 34 million in Q3 2026. Reported financial net interest-bearing debt (NIBD) for the group was approximately EUR 2 886 million at the end of the quarter (excluding IFRS 16 effects). The complete Q3 2026 report will be released on 4 November at 06:30 CET.
Please refer to the Annual Report for detailed descriptions and reconciliations of non-IFRS measures such as Operational EBIT and NIBD.
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
