Mowi ASA Posts Mixed Q1 2025 Results
Mowi ASA, the world’s largest salmon producer, has released its Q1 2025 trading update, offering a glimpse into the company’s performance during the first quarter of the year. The update reveals that the company’s earnings before interest and taxes (EBIT) for Q1 2025 came in at 214 million euros, a slight improvement over the previous year’s result. However, this increase fell short of analyst expectations, leaving investors and market observers to ponder the implications of this mixed outcome.
Harvest Volumes Meet Expectations
One area where Mowi ASA has met expectations is in its harvest volumes. The company’s Q1 2025 harvest came in at 108,000 tonnes, right within the guided range. This achievement suggests that Mowi’s production and operational strategies are on track, despite the mixed results in terms of EBIT.
Stock Price Fluctuations
Mowi’s stock price has seen some fluctuations in response to the Q1 2025 trading update. Danske Bank and Pareto Securities, two prominent financial institutions, have revised their price targets downwards to 250 and 240 Norwegian kronor, respectively. Notably, both institutions have maintained a “buy” recommendation, indicating that they still see significant potential in Mowi’s stock. This mixed reaction from the market highlights the complexities of interpreting the company’s Q1 2025 results.
Key Takeaways
- EBIT for Q1 2025: 214 million euros
- Harvest volumes for Q1 2025: 108,000 tonnes
- Revised price targets: Danske Bank (250 NOK), Pareto Securities (240 NOK)
- Maintained “buy” recommendation by Danske Bank and Pareto Securities