Mowi Distributes NOK 1.50 Quarterly Dividend Following Record Results

GlobeNewswire Inc.GlobeNewswire Inc.
|||1 min read
Key Takeaway

Mowi announces NOK 1.50 quarterly dividend following record results, with EUR 1.59 billion in revenues and EUR 213 million operating profit.

Mowi Distributes NOK 1.50 Quarterly Dividend Following Record Results

Mowi ASA announced a quarterly dividend payment of NOK 1.50 per share, approved by the company's board of directors. The distribution follows an exceptionally strong financial performance, with the salmon farming company reporting record revenues of EUR 1.59 billion (NOK 18.7 billion) and operating profit of EUR 213 million (NOK 2.5 billion) in its latest quarter.

The record quarterly results cap off a notably profitable fiscal year for the aquaculture operator, reflecting favorable market conditions and operational execution across its global farming operations. The dividend payout represents the company's commitment to returning capital to shareholders while maintaining its position as a leading producer of farmed salmon.

Mowi's strong financial position enables regular capital distributions to investors alongside continued investment in its farming infrastructure and sustainability initiatives. The quarterly dividend framework demonstrates the company's confidence in sustaining profitability amid market dynamics in the global seafood sector.

Source: GlobeNewswire Inc.

Back to newsPublished Feb 20

Related Coverage