Mowi ASA (OSE:MOWI): Q4 2024 Trading update
16 Gennaio 2025 - 6:30AM
UK Regulatory
Mowi ASA (OSE:MOWI): Q4 2024 Trading update
Harvest volumes Q4 2024 (1)
| Farming
Norway |
83.5 thousand tonnes |
|
(FY: 304 thousand
tonnes) |
| Farming
Scotland |
17.0 thousand tonnes |
|
(FY: 66 thousand
tonnes) |
| Farming Chile |
22.5 thousand tonnes |
|
(FY: 73 thousand
tonnes) |
| Farming
Canada |
5.0 thousand tonnes |
|
(FY: 30 thousand
tonnes) |
| Farming
Ireland |
1.0 thousand tonnes |
|
(FY: 9 thousand
tonnes) |
| Farming
Faroes |
1.0 thousand tonnes |
|
(FY: 9 thousand
tonnes) |
| Farming Iceland
(Arctic Fish) |
3.5 thousand tonnes |
|
(FY: 11 thousand
tonnes) |
| Total |
133.5 thousand tonnes |
|
(FY: 502 thousand
tonnes) |
| |
|
|
|
Full year harvest volumes were record-high 502 thousand tonnes
in 2024 versus 475 thousand tonnes in 2023, equivalent to a growth
of 5.7%
In connection with the presentation of the Q3 2024 results, Mowi
guided a total harvest volume of 132.1k GWT for Q4 2024.
Note:
(1) The harvest volumes are provided in gutted weight equivalents
(GWT).
Additional information
Operational EBIT for the Group was approx. EUR 226 million in Q4
2024 (NOK 2,657 million / EURNOK 11.76) versus EUR 203 million in
Q4 2023 (NOK 2,367 million / EURNOK 11.65). Blended farming cost
was EUR 5.69 per kg in the quarter which was slightly lower than in
Q3, and in line with guidance.
Total Q4 Operational EBIT per kg through the value chain was
approximately as follows:
| Norway |
EUR |
2.20 |
| Scotland |
EUR |
1.40 |
| Chile |
EUR |
0.85 |
| Canada |
EUR |
0.45 |
| Ireland |
EUR |
(2.15) |
| Faroes |
EUR |
1.05 |
| Iceland |
EUR |
0.75 |
| |
|
|
|
Operational EBIT in Consumer Products was EUR 53 million.
Operational EBITDA in Feed was EUR 21 million in Q4 2024. Reported
financial net interest-bearing debt (NIBD) for the group was
approximately EUR 1 865 million at the end of the quarter
(excluding IFRS 16 effects). The complete Q4 2024 report will be
released on 12 February at 06:30 CET.
Please refer to the Annual Report for detailed descriptions and
reconciliations of non-IFRS measures such as Operational EBIT and
NIBD.
This information is subject to the disclosure requirements
pursuant to section 5-12 of the Norwegian Securities Trading
Act.
Grafico Azioni Mowi ASA (TG:PND)
Storico
Da Gen 2025 a Feb 2025
Grafico Azioni Mowi ASA (TG:PND)
Storico
Da Feb 2024 a Feb 2025
