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.
| 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.