Record Volumes for Mowi in Q3
Sea lice-induced harvests in Canada led to the largest-ever quarterly production volumes for salmon farmer Mowi in the third quarter of this year.
Those harvests inevitably came at less-than-ideal margins, but better-than-expected results in Norway, Scotland, and Chile more than offset that in its earnings update.
Early harvests in Canada resulted in record volumes, while strong earnings at other locations largely offset the downside.
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Author's summary: Mowi hits record volumes in Q3 due to sea lice-induced harvests.
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