Norwegian seafood company MOWI ASA reported third-quarter Operational EBIT of 112 million euros. Harvest volumes in the quarter totalled 166 thousand tonnes, surpassing last year’s 161 thousand tonnes. The harvest volume exceeded the company’s earlier guidance of 160 thousand gutted weight equivalents. Operational EBIT in Consumer Products reached 66 million euros, while operational EBITDA in Feed was 26 million euros. Blended farming cost decreased to 5.42 euros per kg from 5.72 euros per kg a year ago. Complete third-quarter results will be released on November 5. Stock closed at 223.20 Krone in the OSLO market on Tuesday.
Read more at Nasdaq: MOWI ASA Posts Q3 Operational EBIT Of EUR 112 Mln; Harvest Volumes Improve
