Latest news with #MowiASA
Yahoo
23-05-2025
- Business
- Yahoo
Mowi ASA: Ex-dividend NOK 1.70 today
The shares in Mowi ASA will be traded ex-dividend of NOK 1.70 as from today 23 May 2025. This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
Yahoo
16-05-2025
- Business
- Yahoo
North America Frozen and Canned Seafood Market Forecast Report 2025-2033: Sustainability and Health Trends Shape the Future Landscape, Advancements in Freezing Technology Boost Demand
The North America canned and frozen seafood market is expected to grow from USD 24.26 billion in 2024 to USD 26.84 billion by 2033, with a CAGR of 1.14%. This growth is fueled by the demand for convenient, long-shelf-life seafood, increased health consciousness, and advances in freezing technology. Major market segments include fish and shrimp, distributed through convenience stores, online channels, and supermarkets. Sustainability, online retail growth, and new technologies further drive the market forward. Key players like High Liner Foods and Mowi ASA are shaping industry trends. North American Frozen and Canned Seafood Market Dublin, May 16, 2025 (GLOBE NEWSWIRE) -- The "North America Frozen and Canned Seafood Market Size and Share Analysis - Growth Trends and Forecast Report 2025-2033" has been added to offering. The North America canned and frozen seafood market, valued at USD 24.26 billion in 2024, is projected to reach USD 26.84 billion by 2033, with a CAGR of 1.14% from 2025 to 2033. This growth is driven by rising demand for convenient, long-shelf-life seafood products and increased health awareness. Technological advancements in freezing and sustainable sourcing bolster this trend. Recent years have seen a surge in the popularity of seafood due to hectic lifestyles, an inclination towards protein-rich diets, and growing health consciousness. Supermarkets, online channels, and specialty stores have expanded their offerings, thus increasing accessibility. The emphasis on sustainability is motivating consumers to choose responsibly produced seafood. Health consciousness and demand for high-protein diets are catalysts for market growth. Consumers are turning to seafood for its rich protein and omega-3 content, boosting its consumption. Frozen seafood, in particular, aids consumers in incorporating seafood into their diets without spoilage concerns. In May 2022, Smallfood, based in Nova Scotia, ventured into the alt seafood sector with a high-protein, marine-based wholefood ingredient. The expansion of online and e-commerce channels significantly impacts the market. The abundance of products available through online grocery stores and delivery services widens consumer choices. E-commerce platforms offer thorough product information and subscription services, encouraging repeat purchases. In February 2024, The Seafood Nutrition Partnership (SNP) launched a program promoting direct-to-consumer seafood sales. Advances in freezing and canning technologies have enhanced the appeal of these products. Techniques like flash freezing retain texture and nutritional value, while innovative canning processes reduce preservatives. Canadian company Scout, for instance, introduced improved canned seafood products using their sustainable model. However, sustainability issues and overfishing are ongoing challenges. Strict regulations and certification standards pose significant hurdles, causing companies to navigate rising production costs. Additionally, competition from fresh seafood and plant-based alternatives necessitates differentiation based on quality and sustainability. Market players such as Bumble Bee Seafoods, Gorton's, SeaPak, and Morey's are enhancing product offerings. Shrimp, a high-demand product, sees greater availability year-round thanks to advances in preservation. Convenience stores boost accessibility with pre-marinated products, while the online market offers added transparency and variety. In Mexico, frozen and canned seafood consumption is on the rise due to urbanization and international trade expansion. Del Pacifico Seafoods is an example of branding innovations in frozen shrimp. In the U.S., major retailers diversify offerings, focusing on sustainability labels like MSC. In Canada, government support for sustainable fishing aligns with consumer preferences. Phillips Foods' acquisition of processing facilities emphasizes this trend. Key market segments span frozen and canned types, distribution channels, and geographical regions, with major players driving innovations and maintaining market leadership. Key Attributes: Report Attribute Details No. of Pages 200 Forecast Period 2024 - 2033 Estimated Market Value (USD) in 2024 $24.26 Billion Forecasted Market Value (USD) by 2033 $26.84 Billion Compound Annual Growth Rate 1.1% Regions Covered North America Key Topics Covered: 1. Introduction2. Research & Methodology3. Executive Summary4. Market Dynamics5. North America Frozen and Canned Seafood Market6. Market Share Analysis7. Type8. Distribution Channel9. Country10. Porter's Five Forces Analysis11. SWOT Analysis12. Key Players Analysis Admiralty Island Fisheries Inc. American Tuna Inc. Beaver Street Fisheries Dongwon Industries Ltd Dulcich Inc. FCF Co. Ltd Gulf Shrimp Co. LLC High Liner Foods Inc. Mowi ASA For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment North American Frozen and Canned Seafood Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Yahoo
15-05-2025
- Business
- Yahoo
Mowi ASA (MHGVY) Q1 2025 Earnings Call Highlights: Record Profits Amidst Industry Challenges
Operational Revenue: EUR1.36 billion for Q1 2025. Operational Profit: EUR240 million for Q1 2025. Harvest Volumes: 108,000 tons, up 12% year-over-year. Farming Costs: EUR5.89 per kg for Q1 2025. Dividend: NOK1.70 per share for Q1 2025. Cash Position: EUR1.88 billion at the end of Q1 2025. Earnings Per Share: EUR0.29 for Q1 2025. Return on Capital Employed: 16% for Q1 2025. Norway Operational Profit: EUR155 million with a margin of EUR3.51 per kg. Scotland Operational Profit: EUR32 million with a margin of EUR1.78 per kg. Chile Operational Profit: EUR12 million with a margin of EUR0.88 per kg. Canada Profit: EUR4 million, improved from a EUR2 million loss in Q1 2024. Consumer Products Operational Profit: EUR33 million, up from EUR24 million in Q1 2024. Feed Volumes: 112,000 tons, up 14% year-over-year. Feed Operational EBITDA: EUR7 million for Q1 2025. Warning! GuruFocus has detected 4 Warning Signs with BOM:543573. Release Date: May 14, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Mowi ASA (MHGVY) reported a record high operational profit of EUR 240 million for Q1 2025. The company achieved an operational revenue of EUR 1.36 billion, with harvest volumes up by 12% year-over-year. Mowi ASA (MHGVY) maintained a strong cash position with EUR 1.88 billion at the end of the quarter. The company announced a quarterly dividend of NOK 1.70 per share. Mowi ASA (MHGVY) expects a further decrease in production costs due to economies of scale and improved biological conditions. Prices in the quarter were lower than expected due to record high industry supply. The company faces potential indirect effects from tariff turmoil in the US, which could impact demand. Mowi ASA (MHGVY) experienced higher costs in some regions, such as Chile, due to high-cost sites. The Norwegian government's White Paper on agriculture suggests more taxes and fees, which could impact the industry. There is uncertainty regarding the long-term impact of tariffs and potential economic slowdowns on demand. Q: You had guided 2% to 3% industry supply growth in February, but now you expect 6%. What has changed? Is there a chance that 2026 supply growth could also be revised up? A: Kristian Ellingsen, CFO: The biological performance and recovery in Norway have been better than expected. The industry is operating at high capacity utilization, and given current regulations, there's limited growth potential beyond this. 2025 is a recovery year from previous modest growth, limiting future potential. Q: Fish meal and fish oil prices have dropped over the last 12 months, but your revenue per kilo in the feed segment has been flat. Why hasn't it decreased with raw materials? A: Kristian Ellingsen, CFO: There was a positive development in 2024, but a pause in momentum in Q1 2025. We expect continued positive effects due to good fundamentals in the fishery season in Peru. Ivan Vindheim, CEO: The feed formula and energy costs also play a role, so it's not purely linear. Q: How significant is the strong biology in the first half of 2025 for costs in the second half for Norway? A: Ivan Vindheim, CEO: Costs are dropping, especially in Norway, which is our largest segment. If this trend continues, it will be beneficial, but it's dependent on biology, which has been exceptionally favorable so far. Q: When do you expect the quarter-on-quarter growth to ease off, and have retail prices started to come down? A: Kristian Ellingsen, CFO: We expect more moderate growth figures in upcoming quarters, but the high biomass will impact 2025. Retail prices haven't seen major declines yet, but we expect this over time. Ivan Vindheim, CEO: Quarter-over-quarter growth should ease by the fourth quarter, with next year looking different due to normalized biology. Q: Global supply growth is up by 8%, but consumption is up by 5%. Will this impact price dynamics going forward? A: Kristian Ellingsen, CFO: This is normal, with consumption slightly higher than supply. The market has absorbed the supply, and there's no significant inventory buildup. Q: Have you planned more retail promotions and campaigns for the second half of the year? A: Ivan Vindheim, CEO: Yes, preparations are ongoing. We expect average consumer prices to come down due to promotions and eventual shelf price reductions. Q: Can you comment on the strong performance in Norway this quarter? Is it due to better vaccines, sea temperatures, or other factors? A: Ivan Vindheim, CEO: The environmental conditions and new winter sore vaccine have been favorable. This year has seen tailwinds from all directions, which is rare, but it has led to strong performance. Q: How have US customers reacted to the tariffs, and what is the short-term demand impact? A: Ivan Vindheim, CEO: We haven't seen an effect yet as shelf prices haven't changed. If tariffs remain at 10%, it's manageable, but higher tariffs could have a more prolonged impact. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Yahoo
15-05-2025
- Business
- Yahoo
Mowi ASA (MHGVY) Q1 2025 Earnings Call Highlights: Record Profits Amidst Industry Challenges
Operational Revenue: EUR1.36 billion for Q1 2025. Operational Profit: EUR240 million for Q1 2025. Harvest Volumes: 108,000 tons, up 12% year-over-year. Farming Costs: EUR5.89 per kg for Q1 2025. Dividend: NOK1.70 per share for Q1 2025. Cash Position: EUR1.88 billion at the end of Q1 2025. Earnings Per Share: EUR0.29 for Q1 2025. Return on Capital Employed: 16% for Q1 2025. Norway Operational Profit: EUR155 million with a margin of EUR3.51 per kg. Scotland Operational Profit: EUR32 million with a margin of EUR1.78 per kg. Chile Operational Profit: EUR12 million with a margin of EUR0.88 per kg. Canada Profit: EUR4 million, improved from a EUR2 million loss in Q1 2024. Consumer Products Operational Profit: EUR33 million, up from EUR24 million in Q1 2024. Feed Volumes: 112,000 tons, up 14% year-over-year. Feed Operational EBITDA: EUR7 million for Q1 2025. Warning! GuruFocus has detected 4 Warning Signs with BOM:543573. Release Date: May 14, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Mowi ASA (MHGVY) reported a record high operational profit of EUR 240 million for Q1 2025. The company achieved an operational revenue of EUR 1.36 billion, with harvest volumes up by 12% year-over-year. Mowi ASA (MHGVY) maintained a strong cash position with EUR 1.88 billion at the end of the quarter. The company announced a quarterly dividend of NOK 1.70 per share. Mowi ASA (MHGVY) expects a further decrease in production costs due to economies of scale and improved biological conditions. Prices in the quarter were lower than expected due to record high industry supply. The company faces potential indirect effects from tariff turmoil in the US, which could impact demand. Mowi ASA (MHGVY) experienced higher costs in some regions, such as Chile, due to high-cost sites. The Norwegian government's White Paper on agriculture suggests more taxes and fees, which could impact the industry. There is uncertainty regarding the long-term impact of tariffs and potential economic slowdowns on demand. Q: You had guided 2% to 3% industry supply growth in February, but now you expect 6%. What has changed? Is there a chance that 2026 supply growth could also be revised up? A: Kristian Ellingsen, CFO: The biological performance and recovery in Norway have been better than expected. The industry is operating at high capacity utilization, and given current regulations, there's limited growth potential beyond this. 2025 is a recovery year from previous modest growth, limiting future potential. Q: Fish meal and fish oil prices have dropped over the last 12 months, but your revenue per kilo in the feed segment has been flat. Why hasn't it decreased with raw materials? A: Kristian Ellingsen, CFO: There was a positive development in 2024, but a pause in momentum in Q1 2025. We expect continued positive effects due to good fundamentals in the fishery season in Peru. Ivan Vindheim, CEO: The feed formula and energy costs also play a role, so it's not purely linear. Q: How significant is the strong biology in the first half of 2025 for costs in the second half for Norway? A: Ivan Vindheim, CEO: Costs are dropping, especially in Norway, which is our largest segment. If this trend continues, it will be beneficial, but it's dependent on biology, which has been exceptionally favorable so far. Q: When do you expect the quarter-on-quarter growth to ease off, and have retail prices started to come down? A: Kristian Ellingsen, CFO: We expect more moderate growth figures in upcoming quarters, but the high biomass will impact 2025. Retail prices haven't seen major declines yet, but we expect this over time. Ivan Vindheim, CEO: Quarter-over-quarter growth should ease by the fourth quarter, with next year looking different due to normalized biology. Q: Global supply growth is up by 8%, but consumption is up by 5%. Will this impact price dynamics going forward? A: Kristian Ellingsen, CFO: This is normal, with consumption slightly higher than supply. The market has absorbed the supply, and there's no significant inventory buildup. Q: Have you planned more retail promotions and campaigns for the second half of the year? A: Ivan Vindheim, CEO: Yes, preparations are ongoing. We expect average consumer prices to come down due to promotions and eventual shelf price reductions. Q: Can you comment on the strong performance in Norway this quarter? Is it due to better vaccines, sea temperatures, or other factors? A: Ivan Vindheim, CEO: The environmental conditions and new winter sore vaccine have been favorable. This year has seen tailwinds from all directions, which is rare, but it has led to strong performance. Q: How have US customers reacted to the tariffs, and what is the short-term demand impact? A: Ivan Vindheim, CEO: We haven't seen an effect yet as shelf prices haven't changed. If tariffs remain at 10%, it's manageable, but higher tariffs could have a more prolonged impact. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
14-05-2025
- Automotive
- Yahoo
European Growth Leaders With Insider Influence May 2025
As European markets navigate a period of mixed performance, with the STOXX Europe 600 Index rising for the fourth consecutive week amid easing trade tensions, investors are increasingly focused on companies that demonstrate robust growth potential and strong insider ownership. In this context, stocks with high levels of insider influence can offer unique insights into company strategies and align management's interests closely with those of shareholders, making them appealing options in today's uncertain economic landscape. Name Insider Ownership Earnings Growth Yubico (OM:YUBICO) 36.5% 27% Pharma Mar (BME:PHM) 11.8% 43.1% KebNi (OM:KEBNI B) 38.4% 66.1% Vow (OB:VOW) 13.1% 81% Bergen Carbon Solutions (OB:BCS) 12% 52.2% Elicera Therapeutics (OM:ELIC) 23.8% 97.2% CD Projekt (WSE:CDR) 29.7% 37.4% Elliptic Laboratories (OB:ELABS) 22.6% 51.9% Lokotech Group (OB:LOKO) 13.6% 58.1% Nordic Halibut (OB:NOHAL) 29.7% 60.7% Click here to see the full list of 209 stocks from our Fast Growing European Companies With High Insider Ownership screener. We'll examine a selection from our screener results. Simply Wall St Growth Rating: ★★★★☆☆ Overview: Ferrari N.V. designs, engineers, produces, and sells luxury performance sports cars globally and has a market cap of €78.52 billion. Operations: Ferrari's revenue primarily comes from its luxury performance sports car segment, generating €6.88 billion. Insider Ownership: 10.6% Ferrari's earnings are projected to grow at 7.95% annually, outpacing the Italian market, and its Return on Equity is expected to remain strong. Despite recent insider selling, Ferrari has engaged in significant share buybacks, enhancing shareholder value. The company reported robust first-quarter results with sales of €1.79 billion and net income of €411.64 million. Additionally, Ferrari confirmed full-year revenue guidance exceeding €7 billion while managing potential profitability impacts due to new U.S.-EU import tariffs. Navigate through the intricacies of Ferrari with our comprehensive analyst estimates report here. Insights from our recent valuation report point to the potential overvaluation of Ferrari shares in the market. Simply Wall St Growth Rating: ★★★★☆☆ Overview: Mowi ASA is a seafood company that produces and sells Atlantic salmon products globally, with a market cap of NOK97.84 billion. Operations: Mowi ASA generates revenue through several segments, including Feed (€1.12 billion), Farming (€3.51 billion), Sales & Marketing - Markets (€4.00 billion), and Sales & Marketing - Consumer Products (€3.70 billion). Insider Ownership: 14.7% Mowi's earnings are forecast to grow significantly at 20.1% annually, surpassing the Norwegian market average. Despite high debt levels and a low Return on Equity projection of 18.6%, Mowi trades at a substantial discount to its estimated fair value. Recent strategic reviews of their Feed division could streamline operations further, while new product launches like the Norwegian Salmon Fjord Burgers in the US may enhance revenue growth beyond the current 6.5% annual forecast. Click to explore a detailed breakdown of our findings in Mowi's earnings growth report. Our comprehensive valuation report raises the possibility that Mowi is priced lower than what may be justified by its financials. Simply Wall St Growth Rating: ★★★★★☆ Overview: EQT AB (publ) is a global private equity and venture capital firm focusing on private capital and real asset segments, with a market cap of approximately SEK351.48 billion. Operations: The company's revenue is derived from its Private Capital segment at €1.36 billion and Real Assets segment at €951.90 million, with an additional contribution of €41.50 million from the Central segment. Insider Ownership: 12.6% EQT's earnings are projected to grow significantly at 24.9% annually, outpacing the Swedish market. The company, trading slightly below its estimated fair value, has seen substantial insider buying recently. With a high forecasted Return on Equity of 21.4%, EQT is exploring strategic partnerships, such as a potential tie-up with Arctos Partners LP. Additionally, the recent $500 million debt offering supports ongoing initiatives and expansion plans under new CEO Per Franzén's leadership. Take a closer look at EQT's potential here in our earnings growth report. In light of our recent valuation report, it seems possible that EQT is trading beyond its estimated value. Take a closer look at our Fast Growing European Companies With High Insider Ownership list of 209 companies by clicking here. Ready For A Different Approach? Rare earth metals are an input to most high-tech devices, military and defence systems and electric vehicles. The global race is on to secure supply of these critical minerals. Beat the pack to uncover the 23 best rare earth metal stocks of the very few that mine this essential strategic resource. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years. Companies discussed in this article include BIT:RACE OB:MOWI and OM:EQT. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
