Mowi ASA
MNHVF
Other OTC18.53
USD
- -
- -
ISIN
NO0003054108
Return %
Stock
S&P500
1Y
-3.54
17.85
3Y
6.37
64.56
5Y
-27.73
69.89
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Ivan Vindheim
- Full Time Employees
- 11,473
- Sector
- Consumer Defensive
- Industry
- Agricultural Farm Products
- Address
- Sandviksboder 77A/B Bergen HL Norway 5035
- IPO Date
- Jun 25, 2008
- Website
- mowi.com
- Similar Companies
- Business
- Mowi ASA is a leading global seafood company and the world's largest producer of Atlantic salmon, with operations spanning the entire value chain from feed production to farming and sales. Founded in 1964 and headquartered in Bergen, Norway, Mowi specializes in the farming, processing, and sale of salmon, trout, cod, and other seafood products. Its core offerings include fresh and processed seafood products such as whole fish, plain and marinated fillets and steaks, hot- and cold-smoked salmon, burgers, patties, breaded fish, gravad, and sushi products. The company operates through three main business segments: Feed, Farming, and Sales & Marketing, with a geographic reach covering over 70 markets worldwide, primarily in Europe, the Americas, and Asia. Mowi’s recent strategic initiatives include the acquisition of a controlling stake in Nova Sea AS, increasing its ownership from 49% to 95% in a NOK 7.4 billion (EUR 625 million) transaction completed in late 2025. This acquisition is expected to drive sustainable growth in Northern Norway and generate significant synergies estimated at NOK 400 million annually. In product innovation, Mowi launched the “Mowi Signature” line in 2025, a premium fresh Atlantic salmon range designed specifically for foodservice professionals, emphasizing consistency, quality, and operational efficiency for chefs. Additionally, Mowi has expanded its retail presence in the U.S., partnering with major Hispanic retailer Sedano Supermarkets to offer branded pre-packaged salmon, tilapia, tuna, and snapper products. The company is also investing in advanced aquaculture technologies, including post-smolt facilities, automation in processing plants, submerged cages, and sea lice laser systems to enhance animal welfare and sustainability. Mowi generated EUR 5.5 billion in revenue in 2023, with harvest volumes of 475,000 tonnes of salmon representing a global market share of approximately 20%. It employs over 11,000 people across operations primarily located in Norway, Scotland, Canada, Chile, Ireland, and the Faroe Islands. The company’s strategic focus remains on sustainable growth, innovation, and maintaining its position as a leading supplier of responsibly farmed seafood globally. Mowi shares trade on the Oslo Stock Exchange and in the US OTC markets under ticker MNHVF. This comprehensive profile reflects Mowi’s position as a vertically integrated leader in the seafood industry with a strong commitment to sustainability, operational excellence, and market expansion through acquisitions and product innovation.