Mowi Aims for Volume Growth and Cost Reduction at Capital Markets Day
By 2029, Mowi expects to reach EUR 8.5 billion in revenue, up from EUR 5.5 billion in 2023
(NORWAY, 9/27/2024)
Mowi, the world’s largest salmon producer, hosted a Capital Markets Day in Trøndelag, Norway, presenting its strategy to boost volume growth and cut costs by EUR 300-400 million.
The company plans to increase salmon production from 500,000 tonnes in 2024 to 600,000 tonnes by 2029. This will be achieved through better license capacity utilization and investments in post-smolt production to improve biological performance.
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Mowi ASA (formerly Marine Harvest ASA) - Headquarters
(NORWAY, 9/27/2024)
