Mowi ASA (OTCPK:MHGVY) Q2 2022 Earnings Conference Call August 24, 2022 02:00 AM ET Company Participants Ivan Vindheim - Chief Executive Officer Kristian Ellingsen - Chief Financial Officer.
A surge in salmon prices across all of its markets helped Mowi to achieve operational earnings before interest and taxes (EBIT) of EUR 206.7 million in Q1.
Mowi Feed is the feed manufacturing division within Mowi, the Global leader in salmon farming, processing and marketing. Having entered production in June 2014, Mowi Feed has quickly established itself as a competitive supplier of salmon feed playing a key role in supporting Mowi Farming in its delivery of high quality, nutritious, safe and profitable salmon. Currently operating from its factories in the Trøndelag Region of Norway and on the Isle of Skye in Scotland, Mowi Feed produced in excess of 540,000 tonnes of salmon feed in 2020. We manufacture a broad portfolio of conventional and organic feeds for both fresh and seawater phases of salmon growth in Norway, Scotland, Ireland and The Faeroe Islands.