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Scotland and Ireland were the two principal bright spots for fish farming giant Mowi during the final quarter of last year, the company’s trading update shows today. The world’s largest salmon producer has reported a Q4 operating profit of €49m, compared with €166m for the same period in 2019. Analysts had expected an EBIT of at least €60m. Mowi lost money in three of its global operating countries, Canada, Chile and the Faroe Islands. But at an EBIT of €1.55 per kilo, Mowi Scotland produced one of the best performances in an otherwise lacklustre period for the group. Although modest when set against its other operations, Mowi Ireland topped the list with an EBIT of €2.60 per kilo. The EBIT for Mowi Norway, where it has its largest farming base, was €0.75 per kilo.

Faroe islandsUnited kingdomMowi faroesMowi scotlandMowi irelandMowi norwayMowi chileஃபெரோ தீவுகள்ஒன்றுபட்டது கிஂக்டம்