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Mowi posts strong Q1 2025 and raises dividend

Economy & businessEconomy
Mowi posts strong Q1 2025 and raises dividend
Key Points
  • Mowi reports second best Q1 ever with 2.5 billion NOK operational result and raises dividend to 2.00 NOK per share.
  • Mowi expects to slaughter 605,000 tonnes in 2026, with Nova Sea acquisition contributing 60,000 tonnes.
  • Fellesforbundet and Norsk Industri reach tariff agreement for pulp and paper industry with wage increases and improved benefits.

The company expects to slaughter 605,000 tonnes of salmon in 2026, supported by the acquisition of Nova Sea, which is expected to harvest around 60,000 tonnes in 2026. 7 billion, a new all-time high. CEO Ivan Vindheim said the achievements reflect continued delivery on the company's strategic pillars.

In other news, Fellesforbundet and Norsk Industri reached an agreement in tariff negotiations for the pulp and paper industry. 50 NOK per hour from April 1, 2026, advance payment of sick pay, care pay, and parental leave following the frontfag model, and a special increase in shift supplements. Terje Johansen, negotiation leader for Fellesforbundet, said they are satisfied with a good and responsible result.

The unknown is unsettling. It's not about being afraid of asylum seekers, but about our children and the uncertainty around how this will be in such a small village.

Stian Mellingen, Resident of Håkvik

UDI has decided to establish two asylum reception centers in Håkvik, a village of around 700 inhabitants, with capacity for up to 300 asylum seekers. The first arrivals are scheduled for May 20. The plans have caused local concern regarding school, kindergarten, healthcare, and housing conditions.

According to NRK Nordland, resident Stian Mellingen described the unknown as unsettling and worried about living conditions if capacity is insufficient. UDI regional director Veronica Mikkelborg said they hope to answer questions and reduce concern. In sports, Bodø/Glimt women's team lost 1-3 to Grei in the second round of the Cup and is eliminated.

We know the capacity of the two buildings. If there isn't room for 150 people, the living conditions will be poor. Then you're worried on their behalf too.

Stian Mellingen, Resident of Håkvik

Grei plays in the 1st division, making the victory a minor cup upset.

2025 achievements reflect continued delivery on our three strategic pillars – volume growth, cost competitiveness and sustainability – made possible by the dedication and expertise of Mowi’s employees worldwide.

Ivan Vindheim, CEO of Mowi
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NRK Nordlandwww.mispeces.comwww.aquafeed.comwww.rttnews.comwww.finansavisen.no+1
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Mowi posts strong Q1 2025 and raises dividend | Reed News