Mowi are delighted to share our 2022 Annual Report
2022 was a record year for Mowi financially as the company crossed the EUR 1 billion earnings mark for the first time in its 60-year history. These achievements were only made possible by the dedication and hard work of Mowi’s employees.
The past year has highlighted that Mowi’s mission to provide sustainable and healthy food to a growing world population is crucial. Leading a Blue Revolution is not easy, but we believe our unique strengths – Mowi’s global presence, being fully integrated, and being a front runner on innovation and research and development – will make a positive impact in the world.
2022 was a record year for Mowi financially with Operational EBIT of EUR 1 005 million, and the company crossed the EUR 1 billion earnings mark for the first time in its 60-year history. The all-time high financial results were brought about by strong operational performance across the Board and good market conditions for salmon. In Farming, relative seawater production was the best ever and harvest volumes of 463 600 GWT were close to all-time high. At year-end, Mowi entered Iceland, the last spot missing from our geographical footprint, with the acquisition of 51% of Arctic Fish. Consumer Products and Feed also had their best year ever. These achievements were only made possible by the dedication and hard work of Mowi’s employees. The financial and operational records achieved during 2022 were unfortunately overshadowed by the proposed resource rent tax on salmon farming in Norway.
To learn more about our performance in 2022 , as well as our priorities for 2023 and beyond, read our integrated report here.