Monitor this situation.

Unsubscribe anytime.

[SITUATION] · [QUIET] · [BUSINESS]

3 clusters · 7 sources · 8 days · First seen 26 days ago · Last updated 18 days ago

Salmon aquaculture industry performance

Overview

Major salmon producers Mowi ASA and SalMar ASA reported strong second-quarter 2026 financial and operational results.

Mowi reported record revenues of 1.6 billion euros and an operating profit of 231 million euros, marking a 23% increase in operating profit compared to the previous year. This growth was attributed to record volumes of 150,000 tonnes of salmon and lower costs. The company noted that salmon prices rose following a period of low supply. CEO Ivan Vindheim highlighted strong performance in Norwegian and Scottish operations, alongside a 67% year-on-year jump in brand revenues within the Consumer Products division due to retail demand in the UK, Continental Europe, Thailand, and Sweden. Additionally, Mowi signed an agreement to sell its 9,000 GWT Canada East salmon-farming business to Cooke Inc. for 139 million euros.

SalMar also achieved record-high harvest volumes, totaling 81,800 tonnes, driven by biological performance in Norway. While the company’s operational EBIT of NOK 1,237 million increased from the previous year, it fell below market estimates. Total operating income rose to NOK 7.6 billion, up from NOK 6.2 billion in the previous year. Due to a positive biological outlook, SalMar raised its 2026 volume guidance by 20,000 tonnes, bringing the total expected volume to 350,000 tonnes.

Entities

Ivan Vindheim · Mowi ASA · Bloomberg · Måsøval · Mowi

Claims

What the coverage asserts, and how many sources carry each claim.

[● 2 SOURCES] SalMar's total harvest volume for the second quarter was 81,800 tonnes. www.globenewswire.com · www.vg.no
[○ 1 SOURCE] SalMar reported an operational EBIT of NOK 1,237 million for the second quarter of 2026. www.globenewswire.com
[○ 1 SOURCE] SalMar increased its 2026 volume guidance by 20,000 tonnes to a total of 350,000 tonnes. www.globenewswire.com
[○ 1 SOURCE] SalMar's total operating income was NOK 7.6 billion in the second quarter. www.vg.no
[○ 1 SOURCE] The company's operational EBIT in Norway was NOK 1,227 million. www.globenewswire.com
[○ 1 SOURCE] SalMar's second-quarter results fell short of Bloomberg's estimate of NOK 1.33 billion for operational EBIT. www.vg.no

Timeline

18 days ago

[BUSINESS] 5 sources
SalMar reports record Q2 harvest volume and improved earnings
SalMar reported a record second-quarter harvest volume of 81,800 tonnes and an operational EBIT of NOK 1,237 million, though results fell short of analyst expectations.
18 days ago

[BUSINESS] 2 sources
Mowi reports record €1.6 billion revenue in Q2 2026
Mowi reported record Q2 2026 revenues of €1.6 billion and a 23% increase in operational EBIT, driven by high harvest volumes and rising salmon prices.
26 days ago

[BUSINESS] 2 sources
Mowi reports record Q2 2026 revenues and operating profit
Mowi ASA reported record Q2 2026 revenues of 1.6 billion euros and a 23% increase in operating profit, driven by record salmon volumes and strong performance in Norway and Scotland.

Sources

esmmagazine.com · ksb.com · marketwire.com · mre.no · perishablenews.com · radioh.no · vg.no

This summary has been updated 1 time: see revision history