MOWI Mowi ASA

Mowi ASA: Integrated Annual Report 2019

Mowi ASA: Integrated Annual Report 2019

Mowi has today published its 2019 Integrated Annual Report, including sustainability reporting and complete 2019 annual accounts with notes. The integrated report is available on /investors/reports/.



This information is subject of the disclosure requirements pursuant to section of 5-12 of the Norwegian Securities Trading Act.



EN
25/03/2020

Underlying

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Reports on Mowi ASA

Alexander Aukner
  • Alexander Aukner

Time to revisit

The unfolding trade war has led us to cut our global 2025–2027e demand and trim our spot price estimates. The negative price effect is partly countered by reduced mortality boosting volumes and lowering costs, leading to net EPS cuts of 11–2%. Given the sector’s solid track record in adapting to past crises and recent share-price declines, we see a significantly improved risk/reward and have a positive stance on the sector. We have upgraded Mowi, Bakkafrost, and Grieg Seafood to BUY (HOLD).

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