Mowi ASA Reports Strong Operational Performance and Announces Dividend

In a remarkable display of resilience and strategic execution, Mowi ASA, a leading seafood company in the Consumer Staples sector, has reported another strong operational quarter. The company, known for its commitment to sustainably farmed salmon and processed seafood, has demonstrated robust financial health with operating revenues of EUR 1.36 billion and an operational profit of EUR 214 million in the first quarter of 2025. This performance marks a significant increase in both revenues and results compared to the same period last year, underscoring Mowi’s effective market strategies and operational efficiencies.

Dividend Declaration

In line with its commitment to shareholder value, Mowi ASA’s Board has resolved to distribute a quarterly dividend of NOK 1.70 per share. This decision reflects the company’s strong financial position and its ability to generate consistent cash flows. The dividend will be paid to shareholders, with Mowi ASA’s shares listed on the Oslo Stock Exchange trading ex-dividend from 23 May 2025.

Annual General Meeting Notice

Mowi ASA has also announced the schedule for its Annual General Meeting (AGM), set to take place on 4 June 2025 at 11:00 CET as a digital meeting. The notice, including the agenda and selected appendices, has been sent to all shareholders. This meeting will provide an opportunity for shareholders to engage with the company’s leadership and discuss strategic directions and governance matters.

Innovative Product Launch

In a strategic move to expand its product offerings and tap into new market segments, Mowi ASA has launched the Norwegian Salmon Fjord Burgers at select Sam’s Club stores in May 2025. These premium, Omega-3 rich burgers represent a novel approach to the traditional burger, aligning with Mowi’s commitment to sustainability and health. This launch not only diversifies Mowi’s product portfolio but also strengthens its position in the global seafood market.

Market Position and Outlook

With a market capitalization of NOK 98.08 billion and a price-to-earnings ratio of 18.04, Mowi ASA continues to be a formidable player in the food products industry. The company’s strong operational performance, coupled with strategic initiatives such as the dividend declaration and innovative product launches, positions Mowi well for sustained growth. As the company navigates the challenges and opportunities of the global seafood market, its focus on sustainability and innovation remains central to its strategy.

In conclusion, Mowi ASA’s recent financial and operational achievements highlight its robust market position and strategic foresight. With a strong focus on shareholder value, sustainability, and innovation, Mowi is well-equipped to continue its growth trajectory in the coming years.