Mowi Future Growth

Future criteria checks 4/6

Mowi is forecast to grow earnings and revenue by 40.3% and 7.5% per annum respectively. EPS is expected to grow by 39.8% per annum. Return on equity is forecast to be 18.5% in 3 years.

Key information

40.3%

Earnings growth rate

39.79%

EPS growth rate

Food earnings growth	41.0%
Revenue growth rate	7.5%
Future return on equity	18.51%
Analyst coverage	Good
Last updated	25 Sep 2025

Recent future growth updates

Mowi ASA Just Missed Earnings - But Analysts Have Updated Their Models

May 18

Recent updates

Here's Why Some Shareholders May Not Be Too Generous With Mowi ASA's (OB:MOWI) CEO Compensation This Year

May 29

Mowi ASA Just Missed Earnings - But Analysts Have Updated Their Models

May 18

What Is Mowi ASA's (OB:MOWI) Share Price Doing?

May 02

Why We're Not Concerned About Mowi ASA's (OB:MOWI) Share Price

Apr 02

Solid Earnings Reflect Mowi's (OB:MOWI) Strength As A Business

Feb 20

Mowi (OB:MOWI) Will Want To Turn Around Its Return Trends

Feb 02

Does Mowi (OB:MOWI) Have A Healthy Balance Sheet?

Dec 30

Riding The Waves Of Robust Growth With Enhanced Profit Margins And Strategic Choices

Nov 25 Mowi's growth plan and superior farming volumes are expected to significantly drive revenue growth and market share in the coming years.

Mowi (OB:MOWI) May Have Issues Allocating Its Capital

Nov 03

Is Now The Time To Look At Buying Mowi ASA (OB:MOWI)?

Oct 06

Earnings and Revenue Growth Forecasts

OB:MOWI - Analysts future estimates and past financials data (EUR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2027	7,311	845	766	1,252	8
12/31/2026	7,026	765	644	1,128	8
12/31/2025	5,993	343	496	734	8
6/30/2025	5,687	335	575	940	N/A
3/31/2025	5,629	326	562	918	N/A
12/31/2024	5,604	469	542	917	N/A
9/30/2024	5,530	430	530	927	N/A
6/30/2024	5,444	491	411	763	N/A
3/31/2024	5,471	334	438	814	N/A
12/31/2023	5,506	444	596	992	N/A
9/30/2023	5,439	418	466	866	N/A
6/30/2023	5,336	383	390	803	N/A
3/31/2023	5,207	856	392	776	N/A
12/31/2022	4,941	782	310	645	N/A
9/30/2022	4,730	736	434	742	N/A
6/30/2022	4,510	683	535	798	N/A
3/31/2022	4,276	459	629	880	N/A
12/31/2021	4,202	488	588	833	N/A
9/30/2021	4,061	432	596	832	N/A
6/30/2021	3,985	504	402	673	N/A
3/31/2021	3,899	429	216	493	N/A
12/31/2020	3,760	118	187	503	N/A
9/30/2020	3,867	273	215	526	N/A
6/30/2020	3,931	117	380	671	N/A
3/31/2020	4,040	206	417	719	N/A
12/31/2019	4,136	478	466	759	N/A
9/30/2019	4,094	436	440	717	N/A
6/30/2019	4,063	550	403	738	N/A
3/31/2019	3,930	582	N/A	695	N/A
12/31/2018	3,812	567	N/A	621	N/A
9/30/2018	3,746	433	N/A	603	N/A
6/30/2018	3,621	530	N/A	527	N/A
3/31/2018	3,618	424	N/A	576	N/A
12/31/2017	3,649	463	N/A	632	N/A
9/30/2017	3,667	645	N/A	706	N/A
6/30/2017	3,650	653	N/A	740	N/A
3/31/2017	3,599	629	N/A	791	N/A
12/31/2016	3,510	540	N/A	693	N/A
9/30/2016	3,347	420	N/A	553	N/A
6/30/2016	3,245	285	N/A	450	N/A
3/31/2016	3,181	247	N/A	322	N/A
12/31/2015	3,112	158	N/A	233	N/A
9/30/2015	2,974	79	N/A	266	N/A
6/30/2015	2,996	82	N/A	307	N/A
3/31/2015	3,008	39	N/A	377	N/A
12/31/2014	3,053	87	N/A	472	N/A
9/30/2014	3,130	224	N/A	419	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MOWI's forecast earnings growth (40.3% per year) is above the savings rate (2.8%).

Earnings vs Market: MOWI's earnings (40.3% per year) are forecast to grow faster than the Norwegian market (13.3% per year).

High Growth Earnings: MOWI's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: MOWI's revenue (7.5% per year) is forecast to grow faster than the Norwegian market (2.5% per year).

High Growth Revenue: MOWI's revenue (7.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: MOWI's Return on Equity is forecast to be low in 3 years time (18.5%).

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/09/28 20:45
End of Day Share Price	2025/09/26 00:00
Earnings	2025/06/30
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Mowi ASA is covered by 29 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
null null	ABG Sundal Collier
Maarten Bakker	ABN AMRO Bank N.V.
Thomas Lorck	Arctic Securities ASA

Mowi Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 11%

Consensus EPS estimates fall by 15%

Mowi ASA Just Missed Earnings - But Analysts Have Updated Their Models

Mowi Reaffirms Harvest Volume Guidance for the Year 2023

Recent updates

There May Be Some Bright Spots In Mowi's (OB:MOWI) Earnings

Mowi (OB:MOWI) Is Reducing Its Dividend To €1.45

Second quarter dividend of kr1.45 announced

Second quarter 2025 earnings: EPS and revenues miss analyst expectations

Mowi Asa Announces Quarterly Dividend Payable on 8 September 2025

Consensus EPS estimates fall by 11%

Is There Now An Opportunity In Mowi ASA (OB:MOWI)?

We Think Mowi (OB:MOWI) Is Taking Some Risk With Its Debt

Mowi ASA, Annual General Meeting, Jun 03, 2026

Mowi ASA to Report Q3, 2026 Results on Nov 04, 2026

Here's Why Some Shareholders May Not Be Too Generous With Mowi ASA's (OB:MOWI) CEO Compensation This Year

Consensus EPS estimates fall by 15%

Mowi ASA Just Missed Earnings - But Analysts Have Updated Their Models

First quarter dividend of kr1.70 announced

First quarter 2025 earnings: EPS and revenues miss analyst expectations

Mowi Launches Norwegian Salmon Fjord Burgers At Select Sam's Club Stores in May 2025

What Is Mowi ASA's (OB:MOWI) Share Price Doing?

Why We're Not Concerned About Mowi ASA's (OB:MOWI) Share Price

Full year 2024 earnings: EPS exceeds analyst expectations

Solid Earnings Reflect Mowi's (OB:MOWI) Strength As A Business

Fourth quarter dividend of kr2.00 announced

Full year 2024 earnings: EPS exceeds analyst expectations

Mowi (OB:MOWI) Will Want To Turn Around Its Return Trends

Mowi ASA (OB:MOWI) has entered into an agreement to acquire an additional 46% stake in Nova Sea AS from Vigner Olaisen As for NOK 7.4 billion.

Does Mowi (OB:MOWI) Have A Healthy Balance Sheet?

Riding The Waves Of Robust Growth With Enhanced Profit Margins And Strategic Choices

Mowi ASA Elects Ørjan Svanevik as Board Member and Chairperson

Third quarter 2024 earnings released: EPS: €0.09 (vs €0.21 in 3Q 2023)

Mowi ASA Announces Quarterly Dividend, Payable on 25 November 2024

Mowi (OB:MOWI) May Have Issues Allocating Its Capital

Is Now The Time To Look At Buying Mowi ASA (OB:MOWI)?

Chief Executive Officer recently bought kr1m worth of stock

Director recently bought kr1.1m worth of stock

Second quarter 2024 earnings released: EPS: €0.07 (vs €0.23 loss in 2Q 2023)

Mowi ASA Declares Quarterly Dividend, Payable on 9 September 2024

Mowi ASA, Annual General Meeting, Jun 04, 2025

Mowi ASA to Report Q3, 2025 Results on Nov 05, 2025

Mowi ASA Announces Board and Committee Appointments

First quarter dividend of kr1.50 announced

Mowi ASA Declares Quarterly Dividend, Payable on 28 May 2024

First quarter 2024 earnings released: EPS: €0.32 (vs €0.54 in 1Q 2023)

Full year 2023 earnings: Revenues and EPS in line with analyst expectations

Fourth quarter dividend of kr1.90 announced

Mowi ASA Announces Quarterly Distribution, Payable on 4 March 2024

Full year 2023 earnings: Revenues and EPS in line with analyst expectations

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Mowi ASA Announces Quarterly Dividend

Mowi Reaffirms Harvest Volume Guidance for the Year 2023

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Mowi ASA to Report Q1, 2024 Results on May 08, 2024

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Mowi ASA Resolves Quarterly Dividend Distribution, Payable on 30 May 2023

Full year 2022 earnings: EPS and revenues miss analyst expectations

Full year 2022 earnings: EPS and revenues miss analyst expectations

Mowi ASA Declares Quarterly Dividend, Payable on 6 March 2023

Mowi ASA (OB:MOWI) acquired Dawnfresh Seafoods Limited.

High number of new directors

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

Discover growth companies

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources