# Salmon aquaculture industry performance

> Live situation record from CLSTR: https://clstr.news/situations/salmon-aquaculture-industry-performance
> Updated: 2026-08-24T10:05:00.000Z. Sources: 7. Developments: 3.

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.

## Claims

- SalMar's total harvest volume for the second quarter was 81,800 tonnes. (corroborated by 2 sources)
- SalMar reported an operational EBIT of NOK 1,237 million for the second quarter of 2026. (single source)
- SalMar increased its 2026 volume guidance by 20,000 tonnes to a total of 350,000 tonnes. (single source)
- SalMar's total operating income was NOK 7.6 billion in the second quarter. (single source)
- The company's operational EBIT in Norway was NOK 1,227 million. (single source)
- SalMar's second-quarter results fell short of Bloomberg's estimate of NOK 1.33 billion for operational EBIT. (single source)

## Timeline

### 2026-08-24: 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.

5 sources. https://clstr.news/cluster/salmar-reports-record-q2-harvest-volume-and-improved-earnings

### 2026-08-24: 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.

2 sources. https://clstr.news/cluster/mowi-reports-record-16-billion-revenue-in-q2-2026

### 2026-08-16: 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.

2 sources. https://clstr.news/cluster/mowi-reports-record-q2-2026-revenues-and-operating-profit

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Cite as: Salmon aquaculture industry performance. CLSTR, https://clstr.news/situations/salmon-aquaculture-industry-performance