Mowi posts record Q2 thanks to high prices, lower costs

Good operations and higher salmon prices led Mowi to achieve its best quarterly results ever in Q2 2022, with record-high operational earnings and revenue.

The Bergen, Norway-headquartered producer’s second-quarter 2022 report indicated the company posted operational earnings before interest and taxes (EBIT) of EUR 320 million (USD 319.1 million), and a revenue of EUR 1.23 billion (USD 1.2 billion) ...