News
Mar 22, 2023
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
Feb 15, 2023
Strong quarter to end a record year for Mowi
Strong quarter to end a record year for Mowi (Bergen, 15 February 2023) Mowi recorded record-high revenues of 1,362 million euros in the fourth quarter of 2022. Operational profit was 239 million euros, compared with 146 million euros in the corresponding quarter of 2021. The fourth quarter cemented a record year for Mowi financially. For
Dec 06, 2022
Mowi named most sustainable protein producer fourth year in a row
For the fourth consecutive year, Mowi has been ranked the most sustainable protein producer by the Coller FAIRR Protein Producer Index. The Coller FAIRR Protein Producer Index is the most detailed assessment of the largest meat, dairy and farmed fish producers in the world. Rankings for each of the 60 companies assessed are determined by
Nov 09, 2022
Yet another record-breaking quarter for Mowi, overshadowed by infamous tax proposal
Mowi recorded record-high revenues of 1 257 million euros in the third quarter of 2022. Operational profit was 240 million euros, compared with 131 million euros in the corresponding quarter of 2021. Despite another set of new operational and financial records for Mowi, the third quarter was unfortunately overshadowed by the Norwegian government’s proposed resource
Aug 24, 2022
Record result for Mowi in the second quarter
The second quarter of 2022 was the best quarter ever for Mowi, with a record-high operational profit of 320 million euros and record-high revenue of 1 232 million euros. Mowi delivered yet another strong set of financial results in the second quarter, driven by good operations and high salmon prices. “I am very pleased with our
Jun 21, 2022
Mowi wins prestigious fish welfare award
Mowi is proud to have been awarded a special recognition award at Compassion in World Farming (CIWF)’s Good Farm Animal Welfare Awards. The awards, which took place in London last week, showcase the work of food businesses around the world that make genuine and meaningful improvements to the lives of farmed animals and the sustainability
May 11, 2022
Earnings almost double to reach record-high levels for Mowi
In a strong market, Mowi made an operational profit of 207 million euros at record-high levels in the first quarter. Mowi’s first quarter was characterised by a surge in salmon prices in all markets due to a continued increase in global demand for salmon combined with low supply. “The increase in salmon prices coming out
Apr 29, 2022
Demerger of Mowi ASA
The Board of Directors of Mowi ASA has signed demerger plans as preparation for the sale of the two development projects the Egg and the Donut. The Egg project comprises inter alia grants for 6 development licenses and an agreement on the right to use the technology to be tested in the Egg project. Project
Mar 30, 2022
New processing plant in Mowi Norway Region Mid
Work on a new state of the art facility at Hitra in Norway is about to get underway and hopes are high for the benefits it will bring. Work on the new factory will start in April and is scheduled for completion in the first half of 2024. The factory will have a production capacity
Mar 30, 2022
Mowi Annual Report 2021
Mowi’s 2021 Annual Report has been released today. Covering a year where market conditions gradually improved with the Covid-19 pandemic on the wane in the main markets for salmon. Even as the pandemic continued to present a challenging environment, Mowi delivered all-time high volumes in both Farming and Consumer Products. CEO, Ivan Vindheim, said: “Mowi’s
Feb 16, 2022
Record-high volumes and revenues for Mowi in 2021
The fourth quarter marked the end of a record year for Mowi with revenues of 4 208 million euros and harvest volumes of 466 000 tonnes, equivalent to a growth of 12% and 6% respectively. The company also sold a record-high 248 000 tonnes of value-added products last year. The recovery in demand for salmon continued
Feb 03, 2022
Norwegian salmon delivers on deforestation free soy in Brazil
A new independent report states that the suppliers of Brazilian soybean to Norwegian salmon have accomplished their goal for a deforestation and conversion free supply chain. A move described by the Rainforest Foundation as a historic commitment and a game changer in Brazil. A year ago, the salmon industry announced that their Brazil suppliers had
Jan 11, 2022
NextGen Proteins research hopes to fulfil protein supply needs for feed and food
As part of the Horizon 2020 (H2020) scheme, Mowi Feed is participating in three significant EU research projects, including one by NextGen Proteins. In line with an increasing global demand for high-quality protein for both food and feed, the NextGen Proteins project hopes to optimise the production of three alternative proteins and verify their use
Jan 11, 2022
Mowi helps make an impact in breeding and nutrition
Three EU research projects as part of the Horizon 2020 (H2020) scheme, are now well-underway with Mowi’s participation. The largest of these in terms of Mowi’s involvement is AquaIMPACT. AquaIMPACT is a major effort to integrate fish breeding and nutrition to increase the competitiveness of the EU’s aquaculture industry, including Atlantic salmon, rainbow trout, gilthead
Jan 11, 2022
Mowi Feed contributes to significant research
Horizon 2020 is a Europe 2020 flagship initiative that aims to secure Europe’s global competitiveness, implementing the financial aims of the Innovation Union. Horizon 2020 is the biggest EU Research and Innovation programme ever created, with nearly €80 billion of funding available over seven years (2014 to 2020), in addition to private investment that it will attract.
Dec 01, 2021
Mowi ranked top sustainable protein producer in The Coller FAIRR Protein Producer Index for 2021
Mowi has been ranked the most sustainable protein producer for the third year in a row by the award nominated Coller FAIRR Protein Producer Index, published December 1st. This report, now in its fourth edition, assesses 60 of the largest listed global meat, dairy and aquaculture companies on ten environmental, social and governance themes aligned
Nov 10, 2021
Record-high third quarter revenues for Mowi
Mowi recorded record high revenues of 1 035 million euros. Operational EBIT was 131 million euros, compared with 80 million euros in the corresponding quarter of 2020. Demand for salmon continued to recover from Covid-19 lockdown measures during the third quarter as foodservice activity improved further and retail demand remained at strong levels. This led
Nov 02, 2021
Why COP26 is so important for the future of the planet
Whether it’s in newspapers or our social media feeds, COP26 seems to be on everyone’s lips just now. But, with decisions set to be taken there that will affect the way we eat, work, travel and heat our homes for decades to come, who is attending and why is it being hailed as one of
Oct 15, 2021
Mowi maintains #2 ranking in the Seafood Stewardship Index
The World Benchmarking Alliance (WBA) has published its second Seafood Stewardship Index, which was presented at Tokyo’s Sustainable Seafood Summit earlier this month. Mowi maintained its #2 ranking in the Index and was found to be the best performing company in the ecosystem measurement area. This was down to the fact that 100% of our salmon farming operations
Sep 21, 2021
Blue Food Assessment shows benefits of salmon farming
Nutritional benefits and low environmental impact named as advantages of aquaculture Last week, the Blue Food Assessment (BFA) was released. The BFA is a collaboration between the Stockholm Resilience Centre, Stanford University and EAT, bringing together more than 100 scientists from 25 institutions to publish a series of scientific reviews that can help influence policy
Aug 25, 2021
Improved results for Mowi on strong salmon demand
Mowi achieved an operational EBIT of EUR 137 million in the second quarter of 2021, compared with EUR 99 million in the corresponding quarter of 2020. Strong demand for salmon drove prices higher in all markets in the quarter and resulted in better earnings for Mowi. Spot prices soared by 18% in Europe and
May 21, 2021
Merger of Lofoten Aqua AS into Mowi ASA
Mowi ASA completed the acquisition of 100 % of the shares in Lofoten Aqua AS on the 28 April 2021. Lofoten Aqua AS’s only asset is a license. Mowi ASA consider a merger of Lofoten Aqua AS into Mowi ASA as the best solution to integrate the business in Lofoten Aqua AS into the business
May 19, 2021
Record-high Q1 volumes and lower Farming cost for Mowi
Mowi achieved record-high volumes for a first quarter in both Farming and Consumer Products, harvesting 125 000 tonnes of salmon and selling 62 000 tonnes of value-added products. At the same time Farming cost was down by 9%. Mowi’s first quarter was characterised by continued Covid-19 lockdown measures and high growth in global supply of salmon, however,
May 18, 2021
Leading the Blue Revolution
In recent years Mowi has taken huge strides towards sustainability. But there is so much more still to do. As leaders of the Blue Revolution, we are committed to sustainably producing more food from the ocean to feed a growing world population. We believe that by being a front runner on environmental stewardship and innovation
Apr 06, 2021
The world needs more food from the ocean
Our goal, as part of our mission to lead the Blue Revolution, is to sustainably produce more food from the ocean to feed a growing world population. We believe that producing more food from the ocean is an integral part of dealing with major challenges faced by humanity, such as food security and climate change.
Apr 06, 2021
New feed mill in Scotland delivers on plan
Despite the challenges posed by Covid-19 and Brexit, our new state of the art feed mill in Scotland delivered on our strategic aim to be self-sufficient for all feed requirements in Europe. Based in Kyleakin on the Isle of Skye, the feed mill started production in the spring of 2019. After successfully completing the commissioning
Mar 31, 2021
Introducing the Fourth R: Reduce, Reuse, Recycle – and Recapture
The concept of Reduce, Reuse and Recycle is a practical guide for the responsible use of planetary resources. When it comes to marine resource management, an additional ‘R’ can also make an important contribution – that of ‘Recaptured’ fishmeal (FM) and fish oil (FO). Mowi Nutrition has recently been able to implement this fourth R
Mar 24, 2021
Annual Report 2020
Mowi is one of the world’s leading seafood companies, ranked as number one on both market capitalisation and sustainability. Mowi is also by far the world’s largest Atlantic salmon farmer with harvest volumes of 440 000 tonnes in 2020, equivalent to a global market share of approximately 20% in an industry which is still fragmented.
Mar 24, 2021
Green Bond Impact Report 2020
As the first seafood company to issue a green bond, we are proud to present Mowi’s Green Bond Impact Report for the year 2020, detailing the environmental impact of EUR 200 million of green bond proceeds. Proceeds have been allocated and their impact measured based on the criteria set out in our Green Bond Framework,
Mar 17, 2021
Mowi's Capital Markets Day 2021
Live streaming of Mowi’s Capital Markets Day can be viewed at https://mowi.com/investors/ from 08:00 CET today. Management presentation will commence at that time followed by a Q&A session which is scheduled to start at approximately 10:30 CET. Mowi is one of the world’s leading seafood companies, ranked as number one on both market capitalisation and
Mar 17, 2021
Mowi 4.0
The fourth industrial revolution is upon us. The ongoing trend of using smart technology to automate production and industrial practices offers significant opportunities for Mowi. To leverage these opportunities, we have developed our own Mowi 4.0 strategy to digitalise and automate our value chain from roe to plate. Mowi 4.0 is our digital strategy set
Mar 08, 2021
Capital Markets Day 2021
The presentation is available in PDF on our presentations page. Capital Markets Day 2021 Mowi is one of the world’s leading seafood companies, ranked as number one on both market capitalisation and sustainability. Mowi is also by far the world’s largest Atlantic salmon farmer with harvest volumes of 440,000 tonnes in 2020, equivalent to
Feb 17, 2021
Record high volumes for Mowi in 2020
Mowi achieved all-time high volumes in all divisions in 2020, harvesting 440 000 tonnes of salmon, selling 240 000 tonnes of value-added products, and producing 540 000 tonnes of feed. Mowi’s farming division recorded all-time high harvest volumes for the quarter and for the full year. Consumer Products continued to benefit from the shift in demand towards elaborated
Jan 26, 2021
Mowi first in Scotland to achieve ASC certification for five seawater sites
January 2021: Mowi Scotland has achieved certification from the Aquaculture Stewardship Council (ASC) for four seawater salmon farms this month, bringing its total of ASC certified farms to eight. Mowi’s seawater farms at Loch Linnhe, Gorsten, Marulaig Bay and Stulaigh join Loch Leven in achieving ASC certification, complimenting previous certification of the company’s freshwater rearing
Jan 14, 2021
Soy vendors to the salmon industry end trade of deforestation linked soy in Brazil
The Brazilian soy suppliers to the salmon industry, CJ Selecta, Caramuru and Imcopa/Cervejaria Petrópolis, will implement a 100 percent deforestation and conversion free soybean value chain with 2020 as their cut-off date. No soy grown on land deforested after this deadline will be traded. This bold and historic move sets a new benchmark for global
Dec 11, 2020
Novel feed sources to reduce climate emissions of Norwegian salmon farming
Mowi, The Bellona Foundation, the Norwegian Seafood Federation and several major players in the fish feed industry have joined forces to improve the climate footprint of Norwegian salmon. The initiative «Råvareløftet» seeks to accelerate the development of new raw materials for fish feed. The aim is to contribute to major cuts in greenhouse gas emissions,
Dec 03, 2020
Towards a Sustainable Ocean Economy
Today sees the publication of Ocean Panel’s new Ocean Action Agenda which will identify how countries around the world can accelerate, scale and finance ocean action. Launched in 2018, the High Level Panel for Sustainable Ocean Economy (Ocean Panel), is a unique initiative of 14 serving world leaders building momentum towards a sustainable ocean economy,
Nov 24, 2020
Mowi joins Sjømat Norge
Mowi has announced that it will join The Norwegian Seafood Federation, Sjømat Norge. “I believe this will strengthen both Mowi and the industry as a whole. We have had good discussions with Sjømat Norge regarding the way forward for our industry, and I am confident that this is the right decision for Mowi,” says Mowi
Nov 11, 2020
Mowi ranked most sustainable protein producer
Mowi has been ranked as the world’s most sustainable protein producer for the second year in a row by the FAIRR Initiative. Coller FAIRR Protein Producer Index assesses the world’s 60 largest publicly-listed animal protein producers, worth a combined USD 338 billion. Firms are ranked against ten environmental, social and governance (ESG)-related criteria including GHG
Nov 04, 2020
Operational EBIT of EUR 80 million in the third quarter for Mowi
Mowi achieved an operational EBIT of EUR 80 million in the third quarter of 2020, compared with EUR 148 million in the corresponding quarter of 2019. Mowi’s results in the third quarter were largely impacted by Covid-19 restrictions and seasonal high volumes. “Our operations have been running close to normal despite further Covid-19 restrictions
Oct 26, 2020
Villaroel new COO Americas
Mowi has appointed Fernando Villarroel (45) as Chief Operating Officer Farming Americas. Mr Villarroel is Managing Director of Mowi Chile and has held a variety of executive positions in the farming industry including being Managing Director of Cermaq Canada for 10 years. Mr Villarroel holds a degree in Auditing and Management from the Universidad Austral
Aug 26, 2020
Operational EBIT of EUR 99 million in the second quarter for Mowi
Mowi achieved an operational EBIT of EUR 99 million in the second quarter of 2020, compared with EUR 211 million in the corresponding quarter of 2019. Mowi’s results in the second quarter were substantially impacted by Covid-19 and the extensive lockdown measures. Prices for salmon declined in all markets during the quarter resulting in reduced
Jul 02, 2020
Mowi’s soy suppliers commit to 100% deforestation free supply chain
Mowi is delighted to announce that, from 2021, all suppliers of soy to Mowi’s own feed production will have a supply chain that is 100% deforestation free. Mowi’s suppliers have committed to trade only deforestation-free soybeans, including soy grown on legally deforested land. The move makes Mowi the first company world-wide that will use only
May 13, 2020
Operational EBIT of EUR 109 million in the first quarter for Mowi
Mowi achieved an operational EBIT of EUR 109 million in the first quarter of 2020, compared with EUR 196 million in the corresponding quarter of 2019. Mowi’s results in the first quarter were impacted by falling prices as Covid-19 escalated into a world-spanning pandemic with extensive lockdown measures in most countries. “Despite Covid-19 currently causing
Mar 25, 2020
Mowi’s 2019 Annual Report
This integrated report sets out how we run our business, describes our vision and ambition, our successes and our improvement areas in an open and transparent way. At the end of the day, all of us working at Mowi have a clear and simple goal; we wish to produce affordable, high quality products in a
Mar 03, 2020
Mowi collaborates with X, Alphabet’s innovation engine, to make salmon farming more sustainable
Mowi works with Tidal, X’s ocean health and sustainability team, to test and research new technologies. Over the last three years, Mowi has been researching and testing a new sensing system developed by Tidal at Alphabet’s X. After an extensive research and development period involving field testing and data collection, the project is now ready
Feb 12, 2020
Record high turnover and volumes for Mowi
Mowi achieved an operational EBIT of EUR 166 million in the fourth quarter of 2019, compared with EUR 213 million in the corresponding quarter of 2018. For the full year, Mowi reported a record high turnover of EUR 4 135 million and an operational EBIT of EUR 721 million. Mowi harvested record high 436 000
Jan 24, 2020
First ever green bond issue from a seafood company
On 23rd January, Mowi successfully completed a EUR 200 million 5-year, senior unsecured green bond issue, marking the first ever Green Bond issued from a seafood company. We are committed to being part of the solution to global climate challenges and the green bond issue is an integral part of Mowi’s sustainability strategy, The Blue
Dec 13, 2019
The Blue Revolution Plan
Mowi, the world’s leading aquaculture company, has released its Sustainability Strategy called ‘The Blue Revolution Plan’. With our oceans covering 70 percent of our planet’s surface yet only 2% of our calorie intake is seafood, there is great potential for the ocean to produce more sustainable food. “This plan will allow us to achieve our
Dec 03, 2019
Mowi among many firms and investors urging to stop deforestation in Brazil
The Amazon is fundamentally important to life on our planet. It hosts over 10% of all biodiversity and promotes climate stability through its role as a carbon sink. It also plays a vital role in regulating rainfall, which is essential for agriculture – both within Brazil and beyond. Brazil is one of the world’s major
Nov 14, 2019
Mowi wants to merge Mowi ASA and K Strømmen Lakseoppdrett AS
The Mowi Group constantly wants to have the most appropriate and efficient company structure for the companies in the Group, both organizationally as well as operationally. The corporate structure in Mowi is today characterized by the result of several acquisitions and inherited corporate structures, and the Group is in continuous process to simplify the company
Nov 12, 2019
Ivan Vindheim appointed CEO of Mowi ASA
Ivan Vindheim (48) has been appointed the new CEO of Mowi ASA. Vindheim succeeds Alf-Helge Aarskog (52) who has decided to step down after almost 10 years as CEO. The appointment is effective as of 12 November 2019. “I am delighted that Ivan has taken on this challenge. We have had a thorough recruitment process
Oct 30, 2019
Record high volumes for Mowi in the third quarter
Mowi achieved a record high Q3 turnover and all-time high volumes in the third quarter of 2019. The company’s operational EBIT was EUR 148 million, compared to EUR 207 million in the corresponding quarter of 2018. “In the quarter we achieved the highest volumes ever both in farming, sales and feed produced. This resulted in
Sep 10, 2019
Mowi wants to merge Mowi ASA and Mowi Norway AS
The Mowi Group constantly wants to have the most appropriate and efficient company structure for the companies in the Group, both organizationally as well as operationally. The corporate structure in Mowi is today characterized by the result of several acquisitions and inherited corporate structures, and the Group is in continuous process to simplify the company
Sep 04, 2019
Mowi ranked most sustainable protein producer
Mowi is on top of the Coller FAIRR Protein Index, which ranks the world’s largest listed protein producers on sustainability. The Coller FAIRR Index ranks the largest global meat, dairy and fish producers by looking at risk factors from use of antibiotics to deforestation and labour abuses. The Index is the world’s only benchmark dedicated
Aug 28, 2019
The treatment of the Amazon is unacceptable
“The treatment of the Amazon is unacceptable. Mowi will have to consider finding other sources for feed raw materials unless the situation improves,” says Mowi’s Chief Sustainability Officer, Catarina Martins. “Mowi source from certified suppliers, and can guarantee that our suppliers are not linked to deforestation or human rights violations today. However, it is important
Aug 27, 2019
100% of Mowi Campbell River Farms Now Certified to ASC Salmon Standard
Campbell River, B.C. – Mowi Canada West has made another step towards its goal of achieving Aquaculture Stewardship Council (ASC) certification at all its salmon farms in British Columbia. Mowi’s Lees Bay farm has become the 24th Mowi salmon farm in B.C. to achieve certification to the ASC Salmon Standard, the 7th in the Campbell
Aug 21, 2019
Best second quarter ever for Mowi
Mowi achieved an operational EBIT of EUR 211 million in the second quarter of 2019, compared to EUR 175 million in the corresponding quarter of 2018. “This was a good quarter for Mowi with 26 % increase in farming volumes year over year and an overall solid operational performance. The costs decreased in the farming
May 23, 2019
Mowi will build new smokehouse in France
Mowi has decided to build a new, modern and efficient production unit at the Landivisiau site. In July 2018, the Marine Harvest Kritsen processing plant was destroyed in an accidental fire. The Board of Mowi ASA has now decided to build a highly automated and modern smokehouse at the same site to replace the original
May 15, 2019
Annual General Meeting 2019
Mowi Annual General Meeting will be held in Bergen 29 May. Date: 29 May 2019 Time: 14:00 CET Venue: Sandviksbodene 77A/B, 5035 Bergen, Norway The general meeting will be opened by the chairman of the board, Ole-Eirik Lerøy. Mowi AGM 2019 Log in to the meeting
May 07, 2019
Strong results on good demand for Mowi in the first quarter
(Oslo, 7 May 2019) Mowi achieved an operational EBIT of EUR 196 million in the first quarter of 2019, compared to EUR 158 million in the corresponding quarter of 2018. “Demand for our products remains strong and has resulted in high prices in all markets. Good operational performance and seasonally record high harvest volumes, have
Apr 23, 2019
Mowi plans to farm fish in the depths
Mowi plans to lower its fish farms far below the surface of the sea, combining technology from the Norwegian aquaculture, subsea and offshore industries. The company has applied for 36 development licences for the realisation of its “AquaStorm” concept. “This is the largest development project we have ever planned. AquaStorm moves the fish farms out
Apr 15, 2019
Reduce, Reuse, Recycle: Managing plastic
The increasing prevalence of microplastics in our environment has frequented news stories and headlines throughout 2018. What are microplastics? Microplastics, which by definition are under 5 mm in their longest dimension, are turning up in a wide spectrum of products across the entire food chain. Researchers have detected them in foodstuffs such as bottled water,
Apr 10, 2019
New name – new website
We have changed our name from Marine Harvest to Mowi, and on that note we have also created a brand-new company website. On January 1st this year we officially became Mowi. Our new company name is deep-rooted in our history. The company was originally founded as Mowi by Norwegian aquaculture pioneers more than 50 years
Apr 08, 2019
Leading the Blue Revolution
Leading the Blue Revolution is not a responsibility to take lightly. As the world population continues to grow, so does the demand for healthy food. With our oceans unable to naturally supply today’s needs, we have in a relatively short period of time, successfully supplemented hunting with farming. With aquaculture now providing more fish and
Apr 07, 2019
Mowi’s 2018 Annual Report
Mowi releases its first annual report as a refreshed entity, providing shareholders an integrated look at its full value chain. The world’s largest salmon aquaculture company announced in 2018 its company-wide change of name to Mowi, and associated MOWI brand. This change was in part a nod to salmon farming pioneers, but also the firm’s
Mar 28, 2019
Quality Seafood
THE CHALLENGES Every day, we produce high-quality farm-raised salmon and value- added products. High quality is ensured through procedures, training, and the sharing of best practices across the Group. In addition, we are constantly improving our monitoring programs and quality assurance systems, and implementing technology that helps us deliver high-quality products across the world. OUR
Mar 28, 2019
Safe Seafood
THE CHALLENGE Consuming farm-raised salmon is both safe and healthy. This assertion is supported by food safety authorities across the world, and proved through our comprehensive monitoring program. We know some consumers may have concerns about farm-raised salmon containing environmental contaminants, pathogen bacteria or medicine residues. Our approach at Mowi is to be transparent and
Mar 17, 2019
Addressing Global Challenges
The story of aquaculture began over two thousand years ago in China. The cultivation of carp fulfilled a basic need; that of providing a consistent supply of fish that was not seasonally dependent or subject to the vagaries and risks of wild harvest. Recent decades have seen many wild fish stocks fully exploited and global
Mar 11, 2019
The climate friendly protein
The year 2018 may retrospectively be seen as the year that climate change and environmentalism went from being something of a niche interest to become the centre stage focus of the mainstream. Aquaculture, and specifically salmon farming, naturally has a good story to tell but won’t rest on its laurels. Last October, when the United
Mar 11, 2019
Salmon is good for you!
Not only does salmon taste great, it is a smart food choice for your health too. In fact, salmon is frequently referred to as something of a nutritional powerhouse, which puts our product in a category of its own. In recent times, over 30 percent of consumers have been reducing their consumption of meat, while