Mowi ASA Targets Growth and Cost Efficiency

Mowi ASA (GB:0OAW) has released an update.

Mowi ASA, the world’s leading Atlantic salmon breeder, has announced an ambitious growth plan at its Capital Markets Day, aiming to increase production from 500,000 to 600,000 tons by 2029 and implement cost improvements of 300-400 million euros. The company intends to achieve this growth by optimizing productivity and biological performance, including an expanded use of post-smolt technology. Mowi’s strategy also emphasizes sustainability, with significant investment in Smart Farming solutions to improve fish welfare and a projected turnover increase to 100 billion kroner by 2029.

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