Other Media | SeafoodSource: High post-COVID salmon prices boost Mowi’s Q1 2022 earnings
(NORWAY, 5/12/2022)
A surge in salmon prices across all of its markets – created by strong demand and low supply – helped Mowi to achieve operational earnings before interest and taxes (EBIT) of EUR 206.7 million (USD 218.3 million) in the first quarter of 2022.
The total was EUR 97.5 million (USD 103 million) higher year-over-year. The Bergen, Norway-headquartered salmon farming company reported all-time high Q1 operational revenues of EUR 1.095 billion (USD 1...
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