- Mowi’s preliminary first quarter Earnings Before Interest and Taxes (EBIT) is EU201 million, which falls short of the estimated EU235.1 million.
- The company’s preliminary harvest was 96,500 metric tons, compared to the estimated 101,616 metric tons.
- In terms of farming harvested volume, Preliminary figures are as follows: Norway – 55,000 TGW, Chile – 12,500 TGW, Scotland – 14,500 TGW.
- In the quarter, the blended farming cost was €6.05 per kilogram.
- There were issues with winter sores and string jellyfish in Norway that resulted in a low superior share and a lower average size of fish harvested. This had an impact on both price and cost performance.
- The complete 1Q report will be released on May 8 at 06:30 Central European Time (CET).
- Currently, Mowi’s market position is as follows: 12 buys, 2 holds, and 1 sell.
A look at Mowi ASA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
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 outlook for Mowi ASA, a company that sells and markets products, especially considering its impressive Smartkarma Smart Scores. With a strong focus on growth and momentum, Mowi ASA is positioned well for future expansion and market performance. The company’s solid scores in growth and momentum indicate a positive trajectory ahead, supported by its operations in key regions like Canada, Norway, and Scotland.
Mowi ASA‘s balanced scores across key factors such as value, dividend, resilience, and momentum suggest a well-rounded approach to financial performance and market positioning. Its consistent performance in these areas reflects stability and potential for sustainable growth over the long term. With a strong presence in major markets like Norway, Canada, the United Kingdom, and the United States, Mowi ASA is well-positioned to capitalize on global demand for its products.
**Summary**: Mowi ASA, a company operating in Canada, Norway, and Scotland, is a leading player in the global salmon market, selling its products worldwide through strategic sales companies in key regions.
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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