Mowi Posts Record Revenues and Harvest Volumes in 2025
Event summary
- Mowi reported record revenues of EUR 1.59 billion and operational EBIT of EUR 213 million in Q4 2025.
- Full-year 2025 revenues reached EUR 5.73 billion, with harvest volumes of 559,000 tonnes, up 11.4% year-over-year.
- Mowi Consumer Products set operational EBIT records at EUR 197 million and processed 265,000 tonnes of product weight.
- Strategic partnership with Skretting expected to deliver EUR 55 million in annual cost savings.
- Mowi plans to harvest 605,000 tonnes in 2026, an 8.3% increase from 2025.
The big picture
Mowi's record performance in 2025 underscores its dominance in the global salmon farming industry. The company's strategic focus on volume growth and cost optimization positions it well to capitalize on tightening market conditions. The partnership with Skretting further strengthens its competitive edge, while global demand trends in Asia and America present significant growth opportunities.
What we're watching
- Market Balance
- Whether Mowi can sustain its growth amid normalized supply growth of 1% in 2026.
- Cost Savings
- The pace at which Mowi realizes cost savings from its partnership with Skretting.
- Global Expansion
- How Mowi's brand expansion into 23 countries will impact its market share and revenue.