Mowi ASA MOWI

What the company says it expects, and how often it has delivered on it.

Guidance in the latest report

• Group harvest volume 2026, increased from 600k GWT (FY 2026)
  “2026 harvest volume guidance increased to 620k GWT from 600k GWT following strong seawater production.” (p. 2)
• Group harvest volume 2027 (FY 2027)
  “2027 harvest volume guidance of 630k GWT, assuming normal growth conditions in sea.” (p. 2)
• Group harvest volume Q4 2026 (Q4 2026)
  “Q4 2026 harvest volume (GWT) 100 500 15 100 23 100 2 600 1 000 3 300 2 400 148 000” (p. 4)
• Norway harvest volume 2026 (FY 2026)
  “Harvest volume guidance for 2026 has been increased to all-time high 395k GWT from 380k GWT” (p. 8)
• Norway harvest volume 2027 (FY 2027)
  “For 2027, harvest volume guidance is further increased to 405k GWT, i.e. up 3% y/y.” (p. 8)
• Chile harvest volume 2026 (FY 2026)
  “2026 harvest volume guidance is increased to 85k GWT from 82k GWT, i.e. equivalent to a growth of 8.8% y/y.” (p. 11)
• Chile harvest volume 2027 (FY 2027)
  “Guidance for 2027 is further increased to 88k GWT, i.e. a growth of 3.5%.” (p. 11)
• Canada harvest volume 2026 (FY 2026)
  “Harvest volume guidance for Mowi Canada for 2026 is increased to 28k GWT from 27k GWT.” (p. 12)
• Canada harvest volume 2027 (excl. Canada East held-for-sale) (FY 2027)
  “Guidance for Mowi Canada for 2027 is 23k GWT” (p. 12)
• Scotland harvest volume 2026 (FY 2026)
  “2026 harvest volume (GWT) 395 000 74 000 85 000 28 000 8 200 11 800 18 000 620 000” (p. 4)
• Scotland harvest volume 2027 (FY 2027)
  “2027 harvest volume (GWT) 405 000 76 000 88 000 23 000 7 500 12 000 18 500 630 000” (p. 4)
• Realised farming cost in Q4 2026 expected at same level as Q4 2025, somewhat up from Q3 2026 (Q4 2026)
  “Realised cost in Q4 2026 expected to be at the same level as Q4 2025, i.e. somewhat up from the level seen in Q3 2026 due to negative scale effects from lower volumes and temporary inflationary pressure on feed raw materials due to poor pelagic fisheries this year.” (p. 2)
• Feed production and sales 2026 (FY 2026)
  “For 2026 we expect to produce and sell 650k tonnes of feed, equivalent to a growth of 11% y/y.” (p. 23)
• Global industry supply growth Q4 2026 (Q4 2026)
  “Industry supply growth is expected to be -3% in Q4 2026 according to research agency Kontali, and only 0-1% next year.” (p. 2)
• Global industry supply growth 2027 (FY 2027)
  “Industry supply growth is expected to be -3% in Q4 2026 according to research agency Kontali, and only 0-1% next year.” (p. 2)
• Annualised net savings from Skretting/Nutreco industrial partnership (annualised)
  “the Skretting/Nutreco industrial partnership is well underway, paving the way for EUR 55 million in annualised net savings.” (p. 22)
• Proceeds to NIBD from Canada East sale on closing (end of 2026)
  “group NIBD will benefit from approximately EUR 140 million in proceeds from the agreed sale of the assets once the transaction closes” (p. 2)

Guidance against the outcome

Amounts in EUR million. Each outcome counts from the day the report with the actual figure was published, as a backtest sees it. Hover a metric for the report's own words; click the date or the actual figure to open the report on its page.

Guidance only counts when it names a year or quarter and a figure the reports show: revenue, operating profit, margins, EPS and bank and insurance ratios. Read by an AI model and can be wrong. Not investment advice.