Enter search terms
misPeces, aquaculture news misPeces - Aquaculture News

Invest in Spain: aquaculture opportunities and insights

BUSINESS | FINANCIAL RESULTS

Mowi raises 2026 harvest guidance to 620,000 tonnes after record revenue quarter

Bergen, Norway, 4 November 2026 | The company expects to grow by 11% this year, compared with estimated industry growth of 4%

MOWI - presentación informe sostenibilidad 2025

Mowi has raised its 2026 salmon harvest guidance from 600,000 to 620,000 tonnes. The new estimate represents 11% growth compared with last year, while the company expects industry production to increase 4%.

The Group reported record revenue and Operational EBIT of EUR 275 million in the third quarter. Harvest volumes reached 186,000 tonnes, 12% higher than in the same period of 2025.

Mowi said cost control contributed to the result: farming costs fell by EUR 51 million during the quarter and by EUR 122 million year to date.

Mowi Q3 2026 highlights
Indicator Q3 2026 Comparison
Revenue EUR 1.73 billion Record
Operational EBIT EUR 275 million Record for a third quarter
Salmon harvest 186,000 tonnes +12% year on year
Farming costs Down EUR 51 million Saving during the quarter
2026 harvest guidance 620,000 tonnes +11% year on year

Mowi Consumer Products also recorded its highest-ever revenue and processed 84,000 tonnes, an 18% increase on the same quarter last year. The Feed business achieved quarterly records for both earnings and sales volumes, up 33% and 19% year on year, respectively.

The company said its integration of activities from farming through to processing and sales gives it greater flexibility to respond to consumer demand. The Board has decided to pay a third-quarter dividend of NOK 2.30 per share.