- Mowi’s preliminary third-quarter EBIT is approximately €173 million, slightly below the estimated €179.2 million.
- The company’s preliminary harvest was 161,000 metric tons, surpassing the estimate of 159,687 metric tons.
- Mowi’s Norway farming operations harvested a volume of 106,000 tonnes (gutted weight).
- The harvest volume from Chile’s farming operations was 23,000 tonnes (gutted weight).
- Scotland’s farming operations reported a harvested volume of 15,000 tonnes (gutted weight).
- The blended farming cost for the quarter was €5.72 per kilogram.
- The complete third-quarter report is scheduled for release on November 6 at 06:30 CET.
- There are currently 12 buy ratings, 2 hold ratings, and 1 sell rating for Mowi’s stock.
A look at Mowi ASA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts are optimistic about the long-term prospects of Mowi ASA, a company that sells and markets various products. With a strong overall outlook based on Smartkarma Smart Scores, Mowi ASA demonstrates consistency across different factors. The company scores moderately on Value, Dividend, Growth, Resilience, and shows high Momentum. This indicates a stable and promising future for Mowi ASA, setting a positive tone for potential investors.
Mowi ASA, previously known as Marine Harvest, operates in key regions such as Canada, Norway, and Scotland, with a global reach in selling salmon through its sales companies in several countries like Norway, Canada, the United Kingdom, and the United States. With a balanced performance reflected in its Smart Scores, Mowi ASA seems well-positioned to maintain its market presence and capitalize on growth opportunities in the foreseeable future, making it a contender for investors seeking a reliable and potentially lucrative investment option.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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