Harvest volumes Q1 2025 (1)
Farming Norway 62.0 thousand tonnes
Farming Scotland 17.5 thousand tonnes
Farming Chile 14.0 thousand tonnes
Farming Canada 5.0 thousand tonnes
Farming Ireland 2.5 thousand tonnes
Farming Faroes 4.0 thousand tonnes
Farming Iceland (Arctic Fish) 3.0 thousand tonnes
Total 108.0 thousand tonnes
In connection with the presentation of the Q4 2024 results, Mowi guided a total
harvest volume of 108k GWT for Q1 2025 (96.5k GWT in Q1 2024).
Note:
(1) The harvest volumes are provided in gutted weight equivalents (GWT).
Additional information
Operational EBIT for the Group was approx. EUR 214 million in Q1 2025 (NOK
2,497 million / EURNOK 11.65) versus EUR 201 million in Q1 2024 (NOK 2,288
million / EURNOK 11.41). Blended farming cost was EUR 5.89 per kg in the
quarter, down from EUR 6.05 in Q1 2024.
Total Q1 Operational EBIT per kg through the value chain was approximately as
follows:
Norway EUR 2.50
Scotland EUR 1.80
Chile EUR 0.90
Canada EUR 0.80
Ireland EUR 0.95
Faroes EUR 2.75
Iceland EUR 0.00
Operational EBIT in Consumer Products was EUR 33 million. Operational EBITDA in
Feed was EUR 7 million in Q1 2025. Reported financial net interest-bearing debt
(NIBD) for the group was approximately EUR 1 890 million at the end of the
quarter (excluding IFRS 16 effects). The complete Q1 2025 report will be
released on 14 May 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.