Mowi beat expectations | Finansavisen

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Seafood

Speaks writes in a stock exchange announcement that the company had an operating profit of up to 80 million euros in the third quarter. That is 11 million better than what the analysts had envisioned in advance, according to TDN Direkt.

Mowi slaughtered a total of 126,000 tonnes of fish in the quarter: 76,500 in Norway, 16,000 in Scotland, 12,000 in Canada, 16,500 in Chile, 3,000 in Ireland and 2,000 in the Faroe Islands. In advance, the number crunchers expected a harvest volume of 128,000.

The full report comes on November 4th. In advance, analysts estimate that Mowi had a turnover of 1.1 million euros. Profit after tax is expected to be 50 million euros. A dividend of NOK 0.35 is estimated.

Participants: BofA Securities, Carnegie, Danske Bank Markets, DNB Markets, Exane BNP Paribas, Handelsbanken Capital Markets, Kepler Cheuvreux, Nordea Markets, Pareto Securities, SEB Equities and Sparebank 1 Markets.


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