Mowi ASA Delivers Record Q3 2025 Harvest Volumes and EBIT

Author: Hannah Lewis Updated: 10-15-2025 12:45 AM

Mowi ASA: Achieving New Heights in Harvest Volumes

Mowi ASA has recently reported its trading update for the third quarter of 2025, showcasing remarkable growth in harvest volumes across various regions. The total harvest volume reached an impressive 166.0 thousand tonnes, marking an all-time high and exceeding the previous year’s record of 161.0 thousand tonnes in Q3 2024. It was previously guided that Q3 2025 would yield 160.0 thousand tonnes, indicating Mowi's robust operational efficiency and management capabilities.

Breakdown of Harvest Volumes by Region

The harvest volumes for Q3 2025 were distributed as follows:

Norway: 99.5 thousand tonnes
Scotland: 17.5 thousand tonnes
Chile: 22.5 thousand tonnes
Canada: 15.5 thousand tonnes
Ireland: 3.0 thousand tonnes
Faroes: 2.5 thousand tonnes
Iceland (Arctic Fish): 5.5 thousand tonnes

This diverse regional contribution speaks volumes about Mowi's global reach and operational strengths.

Financial Performance of Mowi ASA

In terms of financial performance, Mowi's operational EBIT for the quarter was approximately EUR 112 million, which translates into a healthier NOK 1,322 million based on the EURNOK exchange rate of 11.80. This portrays an effective blend of production cost measures, leading to heightened profitability.

Assessment of Operational EBIT by Segment

The company reported operational EBIT across various segments in the value chain as follows:

Norway: EUR 1.10 per kg
Scotland: EUR 1.55 per kg
Chile: EUR 0.55 per kg
Canada: EUR (2.00) per kg, although Canada West showed slight profitability at EUR 0.40 per kg
Ireland: EUR 0.20 per kg
Faroes: EUR 0.55 per kg
Iceland: EUR (1.10) per kg

This segment-wise analysis highlights the operational challenges in certain areas, especially Canada and Iceland, while also showcasing strengths in Norway and Scotland.

Other Key Financial Metrics

Operational EBITDA for the Consumer Products segment exhibited a solid EUR 66 million, alongside a robust EUR 26 million from the Feed segment in Q3 2025. Additionally, Mowi's reported financial net interest-bearing debt (NIBD) stood around EUR 1,760 million at the quarter's close, not accounting for IFRS 16 impacts. These figures reflect Mowi's ongoing commitment to maintaining a favorable debt profile.

Upcoming Reporting and Future Outlook

The complete Q3 2025 report is set to be published on 5 November at 06:30 CET. Stakeholders can look forward to detailed insights, including reconciliations of non-IFRS measures such as Operational EBIT and NIBD in the upcoming release. Mowi's continuous focus on enhancing operational efficiency while managing costs will be pivotal as they navigate the dynamic market landscape.

Frequently Asked Questions

1. What were Mowi ASA's total harvest volumes in Q3 2025?

The total harvest volumes in Q3 2025 were reported at 166.0 thousand tonnes, an all-time record for the company.

2. What was the operational EBIT for Mowi in Q3 2025?

Mowi's operational EBIT for the quarter was approximately EUR 112 million.

3. How did the harvest volumes compare to Q3 2024?

The harvest volumes of 166.0 thousand tonnes in Q3 2025 exceeded the 161.0 thousand tonnes recorded in Q3 2024.

4. When will the complete Q3 2025 report be released?

The full Q3 2025 report is scheduled for release on 5 November at 06:30 CET.

5. What regions contributed to the harvest volume?

Harvest contributions came from Norway, Scotland, Chile, Canada, Ireland, Faroes, and Iceland, showcasing Mowi's global operational reach.

About The Author

Hi there, I'm Hannah Lewis, a writer and financial specialist of 36 years old committed to making money understandable and approachable to everyone. Years of working in the field have given me a thorough grasp of market trends, investment techniques, and economic fundamentals. My objective is to enable people, by means of understandable, useful guidance, to take charge of their financial destiny.

I have written many articles for financial blogs over my career that simplify difficult financial ideas into understandable insights. Being financially literate is a critical ability, and I am passionate about enabling people to confidently manage their financial lives. Regardless of your level of experience, my work will help you at every stage of the investment process. I appreciate being allowed to share in your success and financial expansion.

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