Marine Harvest is a seafood company engaged in the production of farmed salmon. Co. offers fresh and processed salmon and other processed seafood to customers in 70 countries worldwide. Co. focuses on three principal types of production activities: salmon feed production in Norway, fish farming and primary processing of fish in Norway, Scotland, Canada, Chile, Ireland, and the Faroe Islands, and secondary processing of seafood in Norway, Chile, Ireland, the United States, the United Kingdom, France, Belgium, the Netherlands, Poland, the Czech Republic, Japan, Vietnam, Taiwan, and South Korea.
  • TickerMOWI
  • ISINNO0003054108
  • ExchangeOslo Bors
  • SectorFood Producers
  • CountryNorway

Analysts

Alexander Aukner

Seafood - Fat Trout Weekly

Seafood - Fat Trout Weekly

Alexander Aukner

Seafood - Fat Trout Weekly

Seafood - Fat Trout Weekly

Alexander Aukner ...
  • Christoffer Wang Bjørnsen
  • Eivind Sars Veddeng
  • Håkon Astrup
  • Jon Masdal
  • Karl-Johan Bonnevier
  • Marius Knudssøn
  • Martin Arnell
  • Martin Hoang Nguyen
  • Martin Huseby Karlsen
  • Niclas Gehin
  • Nicolay Dyvik
  • Niklas Wetterling
  • Ole Martin Westgaard
  • Ole-Andreas Krohn
  • Olof Larshammar
  • Patrik Ling
  • Rune Majlund Dahl
  • Tomi Railo

Northern Lights

Aksel Øverland Engebakken ...
  • Erik Moberg
  • Haakon Amundsen
  • Magnus Andersson
  • Martin Melbye
  • Martin Kaland
  • Olof Cederholm
  • Tobias Kaj
  • Victor Forssell

Talking Points - Elekta (Hold): Too much short-term pressure

Evolution Gaming (Sell) Post-results comment: Strong 2019 finale… Q3: EBITA of SEK 634m, margin of 17.2% Down to HOLD (Buy) – margin story uncertain

Martin Kaland

Mowi - Climbing costs weigh on estimates

See higher costs in Q1’20, ’20e EBIT down 6% 2020 volume guidance intact, ABGSCe 1% below it Still not excited, HOLD

Alexander Aukner

Seafood - Fat Trout Weekly

Seafood - Fat Trout Weekly

Alexander Aukner

Seafood - Fat Trout Weekly

Seafood - Fat Trout Weekly

Aksel Øverland Engebakken ...
  • Erik Moberg
  • Haakon Amundsen
  • Magnus Andersson
  • Martin Melbye
  • Martin Kaland
  • Olof Cederholm
  • Tobias Kaj
  • Victor Forssell

Talking Points - Elekta (Hold): Too much short-term pressure

Evolution Gaming (Sell) Post-results comment: Strong 2019 finale… Q3: EBITA of SEK 634m, margin of 17.2% Down to HOLD (Buy) – margin story uncertain

Martin Kaland

Mowi - Climbing costs weigh on estimates

See higher costs in Q1’20, ’20e EBIT down 6% 2020 volume guidance intact, ABGSCe 1% below it Still not excited, HOLD

Alexander Aukner

Mowi (Hold, TP: NOK218.00) - 2020: Canada set for slow recovery

Q4 operating EBIT was in line with consensus. Mowi proposed a Q4 DPS of NOK2.6, to be paid in Q2 2020. Management guided for higher costs in Norway and Canada in 2020, while the cash flow guidance was better than we expected. The 2020 harvest guidance was maintained, and Mowi sees global supply growth of 2–5%, with favourable demand. We have trimmed our 2020–2021e EPS by 4.1–0.6% to reflect higher costs in Norway and a slower recovery in Canada. We reiterate our HOLD and NOK218 target price.

1 director sold after exercising options/sold

A director at Marine Harvest Asa sold after exercising options/sold 1,600,000 shares at 179.737NOK and the significance rating of the trade was 76/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted und...

Alexander Aukner ...
  • Christoffer Wang Bjørnsen
  • Eivind Sars Veddeng
  • Håkon Astrup
  • Jon Masdal
  • Karl-Johan Bonnevier
  • Marius Knudssøn
  • Martin Arnell
  • Martin Hoang Nguyen
  • Martin Huseby Karlsen
  • Niclas Gehin
  • Nicolay Dyvik
  • Niklas Wetterling
  • Ole Martin Westgaard
  • Ole-Andreas Krohn
  • Olof Larshammar
  • Patrik Ling
  • Rune Majlund Dahl
  • Tomi Railo

Northern Lights

Alexander Aukner ...
  • Håkon Astrup
  • Niklas Wetterling
  • Ole-Andreas Krohn
  • Rune Majlund Dahl
  • Simen Mortensen

Northern Lights

Alexander Aukner ...
  • Eivind Sars Veddeng
  • Jon Masdal
  • Marius Knudssøn
  • Martin Huseby Karlsen
  • Ole Martin Westgaard
  • Ole-Andreas Krohn
  • Paul Harper

Northern Lights

Alexander Aukner ...
  • Christoffer Wang Bjørnsen
  • Håkon Astrup
  • Jon Masdal
  • Marius Knudssøn
  • Martin Huseby Karlsen
  • Mattias Holmberg
  • Nicolas McBeath
  • Ole-Andreas Krohn
  • Rune Majlund Dahl
  • Tomi Railo

Northern Lights

Alexander Aukner ...
  • Christoffer Wang Bjørnsen
  • Eivind Sars Veddeng
  • Frank Maaø
  • Karl-Johan Bonnevier
  • Ole-Andreas Krohn
  • Paul Harper
  • Rune Majlund Dahl
  • Stefan Gauffin
  • Tomi Railo

Northern Lights

MOWI ASA loses on its star level and is downgraded to Slightly Positive

The independent financial analyst theScreener just slightly lowered the general evaluation of MOWI ASA (NO), active in the Farming & Fishing industry. The title has lost a star(s) at the fundamental level and now shows 2 out of 4 stars. Its exposure to market risk remains nonetheless the same and can be still described as defensive. theScreener slightly downgrades the general evaluation to Slightly Positive for the title on account of the lost star(s). As of the analysis date September 10, 2019, the closing price was NOK 205.50 and its potential was estimated at NOK 242.93.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

Expert Corporate Governance Service (ECGS)

Mowi - AGM 29 May 2019

In general, Mowi is in compliance with the Norwegian regulations relating to the organisation and procedures of the Annual General Meeting. Under ITEM 6, the board of directors seeks approval of the Company's remuneration guidelines. The proposed remuneration structure is not in line with ECGS' guidelines. Accordingly, ECGS recommends to vote OPPOSE. Under ITEM 7, the board of directors seeks approval of a LT incentive plan. ECGS does not approve of LT incentive plans that do not operate one or more challenging performance conditions. Thus, ECGS recommends to vote OPPOSE. Under ITEM 9, appr...

Marine Harvest – Proxinvest Corporate Governance Rating ® : C

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

Expert Corporate Governance Service (ECGS)

Marine Harvest - 2018, December 4th

In general, Marine Harvest is in compliance with the Norwegian regulations relating to the organisation and procedures of the Extraordinary General Meeting. Under ITEM 3, it is proposed to change the name of the Company to "Mowi ASA", in connection with a revised corporate strategy and the launch of a global brand "MOWI". The new "MOWI" brand is aimed at the upper echelon of the salmon market in terms of quality and sales price. The Company expects that (MOWI) sales will increase gradually to exceed EUR 1.0 billion by 2025, generating additional operating income of at least EUR 100 million. ...

Expert Corporate Governance Service (ECGS)

Etude de l'AG du 15/01/2018

In general, Marine Harvest is in compliance with the Norwegian regulations relating to the organisation and procedures of an EGM. Under ITEM 4, the nomination committee proposes to appoint Mr. Kristian Melhuus as Member of the board of directors. Based on the available information, Mr. Melhuus would not be considered independent since he is serving as Director of Seatankers Management Norway AS, a company affiliated with Marine Harvest's largest shareholder Geveran Trading Co. Ltd. In light of insufficient independent representation on the board, ECGS recommends to vote OPPOSE.

Dave Nicoski ...
  • Ross LaDuke

Vermilion Int'l Compass: Global Equity Strategy

As support levels continue to hold for the MSCI ACWI and S&P 500, our neutral but constructive outlook remains. Additionally, we reiterate our expectation for more consolidation and volatility. In today's report we highlight actionable stocks within countries that are displaying bullish price and relative strength trends. • Asia/Pacific. In Japan, the TOPIX continues to exhibit leadership characteristics. Stay overweight. Broadly speaking, global Consumer Staples stocks are lagging, but Japan is the exception. Hong Kong's Hang Seng Index also remains on bullish footing... see pages 2 and 5-11...

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