Lower harvest and higher operating profit for Mowi Salmon farmer Mowi almost doubled operating profit in the first quarter of this year despite producing 22% fewer gutted weight tonnes of fish than in the same period last year and having higher costs.
Mowi Scotland operating profit rose by 142% in 2021 Mowi Scotland’s salmon farming division made an operating profit of €56.7 million (£47.6m) last year, an increase of 142% compared to the €23.4m made in 2020, according to figures presented by the company today.
Chile’s salmon heavyweights gave work to nearly 20,000 in Q4 last year Five salmon farmers that represent just over half of the industry’s production in Chile directly or indirectly employed an average of 19,791 people in the last three months of 2021, according to a new report.
Mowi seeks to run farms on home-made hydrogen Mowi Chile is planning to cut the carbon footprint of its salmon farms by making green hydrogen with excess power from a hydroelectric plant belonging to one of its smolt facilities.
Mowi Chile launches salmon tours in Aysén Mowi Chile is starting a “Salmon Tourism” initiative in conjunction with a local tour operator in the Aysén region after a successful pilot with invited guests.
Chilean farmers stay on algae alert after losses Salmon farmers in the Aysén region of Chile are remaining on the alert for a fresh occurrence of an algal bloom and low dissolved oxygen levels that killed 3,350 tonnes of fish at the beginning of this month.
Mowi Q3 profit rises 64% despite €11m hit in Canada The world’s biggest salmon farmer, Mowi, made an operating profit of €131 million (£110.5m) on a harvest of 117,000 gutted weight tonnes in the third quarter of this year.
Mowi Scotland chalks up record Q2 harvest and doubles operating profit Mowi Scotland harvested a second-quarter record volume of salmon this year and more than doubled its operating profit compared to the same period in 2020.
Social licence ‘fundamental’ says Mowi Americas chief Obtaining a social licence to operate is and will be fundamental for the development of salmon farming, Mowi’s chief operating officer for the Americas, Fernando Villarroel, has stressed.
Mowi Scotland shines as fish health improves Mowi Scotland outperformed all the company’s other farming operations except Ireland in the last quarter of 2020, mainly due to lower costs following improved biological performance.
Mowi Scotland harvested 53,000 tonnes in 2020 Mowi Scotland harvested 13,000 tonnes (gutted weight equivalent) of Atlantic salmon in the final quarter of last year, it said in a trading update today.
Up to 65,000 tonnes of Chilean salmon piling up in freezers, says Mowi Between 55,000 and 65,000 tonnes of frozen Chilean salmon is now being stockpiled, according to an estimate by the world’s biggest salmon farmer, Mowi.
Mowi operating profit down by 46% for Q3 Mowi’s operating profit for the third quarter of this year was €80 million, a fall of 46% compared to the €148m made in Q3 2019, it revealed in a market announcement today.
Mowi contests £5.1m fine for Chilean fish escape Mowi has launched a legal challenge against a fine of 5.3 billion pesos (£5.1 million) imposed by regulators after a mass fish escape in Chile two years ago.
