Mowi stock gains on record-high Q2 2026 salmon volumes and earnings
Published on 09/03/2026 at 12:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Mowi stock is in focus after Mowi ASA (ISIN NO0003054108) reported record-high revenues of EUR 1.6 billion and operational EBIT of EUR 231 million for the second quarter of 2026, reflecting stronger profitability in its global salmon operations according to a company update dated September 2, 2026.
Record Q2 2026 figures support the share
According to Mowi's Q2 2026 results overview, the group generated record-high revenues of EUR 1.6 billion in the second quarter of 2026, driven by strong biological and operational performance and high salmon harvest volumes.
The same update states that operational EBIT reached EUR 231 million in Q2 2026, which represents an increase of 23% compared with the corresponding quarter in 2025, underlining a clear year-on-year improvement in operating profitability.
Mowi delivered a seasonally record-high harvest volume of 150,000 tonnes of salmon in Q2 2026, a year-on-year increase of 7.4% that reflects the company's ability to expand output while keeping biological performance under control.
Regional performance and capacity investments
Within the group, Mowi Scotland reported operational EBIT of EUR 48.1 million in Q2 2026, up from EUR 31.3 million in Q2 2025, illustrating how regional profitability has benefited from higher prices and lower costs.
On a per kilogram basis, operational earnings in Scotland were EUR 1.80 per kg in Q2 2026, compared with EUR 1.29 per kg in the same quarter of 2025, meaning earnings per kg rose by around 39% over the year according to the same Q2 2026 disclosure.
A separate industry report notes that new equipment is expected to increase Mowi's Fort William processing plant capacity to more than 80,000 tonnes per year, compared with 64,000 tonnes produced in 2023, pointing to ongoing investment in downstream capacity to handle higher harvest volumes as reported by SeafoodNews.
More on Mowi's latest results
Investors who want to explore Mowi's detailed financials, harvest volumes and guidance can find further information and documents via the company profile and investor relations pages.
Licensing developments in Ireland
Regulatory developments also play a role in Mowi's long-term growth. In Ireland, a salmon farm in Kenmare Bay owned by Mowi Ireland has recently received a renewed aquaculture license to continue cultivating salmon in South-West Kerry, according to a regional news report dated September 2, 2026 as noted by Radio Kerry.
The licensing history shows that Mowi had previously appealed a 2019 decision and succeeded in having it overturned by Ireland's Aquaculture License Appeals Board in September 2025, and the renewed license now provides greater operational security for the Kenmare Bay operation.
Representative product and market positioning
Mowi is best known for its farm-raised Atlantic salmon, which it supplies to retailers, food-service customers and processors across Europe, North America and Asia under its own brand as well as private-label contracts. The company positions its branded fresh and frozen salmon as a reliable, high-volume protein source, supported by vertically integrated farming, feed and processing operations.
Stock and market perspective
As of early September 2026, Mowi stock is listed on the Oslo Stock Exchange in Norwegian kroner, and the share price reflects the market's assessment of the record Q2 2026 earnings, higher harvest volumes and ongoing investments in processing capacity and licensed farming locations.
Mowi at a glance
- Company: Mowi ASA
- ISIN: NO0003054108
- Ticker: MOWI
- Trading venue: Oslo Stock Exchange
- Sector / Industry: Consumer Staples / Packaged Foods and Meats
- Index membership: Oslo benchmark index
