Mowi ASA Sponsored ADR (MHGVY)
OTC PINK OTC PINK Primary Summary
Mowi ASA (MHGVY) Q3 2025 Earnings Call Transcript
Mowi ASA (OTCPK:MHGVY) Q3 2025 Earnings Call November 5, 2025 2:00 AM EST Company Participants Ivan Vindheim - Chief Executive Officer Kristian Ellingsen - Chief Financial Officer Conference Call Participants Ole Petter Juvik Urheim Christian Nordby - Arctic Securities AS, Research Division Henrik Knutsen - Pareto Securities AS, Research Division Martin Kaland - ABG Sundal Collier Holding ASA, Research Division Presentation Ivan Vindheim Chief Executive Officer Good morning, everyone, both in the room and online. Thank you very much for joining us this morning in connection with the release and the presentation of Mowi's third quarter results of 2025.
Mowi And Salmon Are Entering The Downturn Cycle Of The Industry, Expect Better Prices In The Future
Mowi delivered strong volume growth (up 18% YoY), but oversupply pressured prices and margins despite lower feed costs. Industry supply is expected to keep rising, likely putting further pressure on prices and margins amid sluggish demand and US tariff uncertainty. Recent refinancing and the Nova Sea acquisition add debt.
Mowi ASA (MHGVY) Q1 2025 Earnings Call Transcript
Mowi ASA (OTCPK:MHGVY) Q1 2025 Earnings Conference Call May 14, 2025 2:00 AM ET Company Participants Ivan Vindheim - Chief Executive Officer Kristian Ellingsen - Chief Financial Officer Kim Døsvig - Investor Relations Officer Conference Call Participants Christian Nordby - Arctic Securities Alex Aukner - DNB Carnegie Martin Kaland - ABG Sundal Collier Wilhelm Røe - Danske Bank Ivan Vindheim Good morning, everyone, both in the room and online, and thank you very much for joining us this morning in connection with the release and presentation of Mowi's First Quarter Results of 2025. My name is Ivan Vindheim, I'm the CEO of Mowi; and together with our CFO, Kristian Ellingsen, I will take you through the numbers and the fundamentals this morning, and to the best of our ability add a few appropriate comments to them.
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Mowi ASA Sponsored ADR Profile
| Food Products Industry | Consumer Staples Sector | Mr. Ivan Vindheim CEO | OTC PINK Exchange | 56824R106 CUSIP |
| NO Country | 11,473 Employees | 27 May 2025 Last Dividend | 28 Jan 2014 Last Split | - IPO Date |
Overview
Mowi ASA is a leading seafood company recognized for its farming, production, and supply of Atlantic salmon products on a global scale. The company operates under three primary segments: Feed, Farming, and Sales and Marketing. Its operations span from salmon feed production to salmon farming and primary processing, along with seafood secondary processing activities. Originating in 1964 and formerly known as Marine Harvest ASA, the company transitioned to Mowi ASA in December 2018 and is headquartered in Bergen, Norway. Through its comprehensive approach to seafood production, Mowi ASA assures quality and sustainability in its products, making it a pivotal player in the global seafood industry.
Products and Services
- Whole Fish: Mowi ASA supplies fresh and wholesome Atlantic salmon for various culinary uses, offering high-quality options for retail and food services.
- Plain and Marinated Fillets and Steaks: Catering to diverse tastes and preferences, the company provides ready-to-cook salmon fillets and steaks, available both plain for versatile cooking options and marinated for added flavor.
- Hot- and Cold-Smoked Salmon: Through careful smoking processes, Mowi ASA offers salmon with distinctive flavors, suitable for a range of dishes and occasions, ensuring a memorable eating experience.
- Burgers and Tartars: Addressing the need for easy-to-prepare and convenient seafood options, the company produces salmon burgers and tartars, presenting a modern twist on traditional salmon consumption.
- Patties, Gravad, Sushi, and Breaded Products: Ranging from patties for quick meals to gravad for traditional recipes, sushi-grade salmon for authentic experiences, and breaded products for crispy delights, Mowi ASA's array ensures variety and quality.
The variety in Mowi ASA’s product range underlines its commitment to quality and innovation, offering products under renowned brands such as Ducktrap, MOWI, and Supreme Salmon. This diversity caters to a broad spectrum of culinary needs and preferences, reinforcing the company's position in the global market.
Contact Information
