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MARINE HARVEST

Delayed Oslo Bors  -  09:47 2019-01-21 am EST
191.95 NOK   +1.03%
09/28European shares reverse losses as BoE intervenes to cool bond markets
RE
09/28Mowi Notes Norway's Plan to Launch 40% Resource Tax on Salmon, Trout Farming
MT
09/28Norway to hike taxes by $3 billion on power firms, fish farms
RE
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Business Summary
Mowi ASA specializes in breeding, processing and marketing salmon and trout. Net sales break down by activity as follows:

- sale of fish (98.5%). The group is also develops production of fish-based products activity (smoked salmon, fish terrines, rillettes, etc.);

- farming and preparation of fish (1.3%): salmon, trout, cod, sturgeon, etc. The activity is carried out primarily in Norway, Scotland, Canada, Chile, Ireland and the Faeroe Islands;

- production of fish feed (0.2%).

Net sales break down by family of products between prepared, processed and smoked salmon (58%), whole salmon (32%) and other (10%).

Net sales are distributed geographically as follows: Europe (68%), America (21.6%), Asia (8.9%) and other (1.5%).

Number of employees : 13 984 people.
Sales per Business
20202021Delta
Consumer Products28 275.5070.1%28 269.2066.1% -0.02%
Markets11 307.4028%13 835.3032.4% +22.36%
Farming510.801.3%574.231.3% +12.42%
Feed270.430.7%84.360.2% -68.81%
NOK in Million
Sales per region
20202021Delta
Europe27 771.1069.3%28 814.9068% +3.76%
Americas8 123.4820.3%9 143.9021.6% +12.56%
Asia3 628.209.1%3 785.828.9% +4.34%
Rest of the World539.781.3%649.431.5% +20.32%
NOK in Million
Managers
Name Title Age Since
Ivan Olle Vindheim Chief Executive Officer 50 2019
Kristian Ellingsen Chief Financial Officer 41 2019
Catarina Martins Chief Technology & Sustainability Officer 44 2020
ěyvind Oaland Chief Technology Officer 51 -
Kim Galtung D°svig Investor Relations Officer & Head-Treasury - -
Ola Nilsen Brattvoll Chief Operating Officer-Sales & Marketing 54 2010
Ben Hadfield COO-Farming Scotland & Ireland 45 2020
Atle Kvist Chief Operating Officer-Feed 58 2020
Spencer McDonald Director-Sales, Consumer Products-the Americas - -
Anne Lorgen Riise Chief Human Resource Officer 50 2020
Members of the board
Name Title Age Since
Ole-Eirik Ler°y Chairman 61 2009
Cecilie Astrup Fredriksen Independent Director 38 2008
Kristian Melhuus Independent Director 40 2018
Solveig Strand Director 60 2020
Lisbet Karin NŠr° Director 58 -
Anders SŠther Director 50 2018
Bjarne P. Tellmann Director 55 -
Hans Jakob Lande Director 53 -
Kari Bjorgan Director 47 2020
Equities
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 517,111,091 441,247,806 85.3% 0 0.0% 85.3%
Shareholders
NameEquities%
John Fredriksen 74,289,287 14.4%
Folketrygdfondet 45,083,479 8.72%
Groupe Bruxelles Lambert SA 36,226,413 7.01%
DNB Asset Management AS 11,884,517 2.30%
Canada Pension Plan Investment Board 11,875,000 2.30%
The Vanguard Group, Inc. 11,787,763 2.28%
Amundi Asset Management SA (Investment Management) 10,336,620 2.00%
Handelsbanken Fonder AB 10,239,666 1.98%
Storebrand Asset Management AS 8,611,235 1.67%
Janus Henderson Investors UK Ltd. 6,908,586 1.34%
Company contact information
Mowi ASA
Sandviksboder 77 AB
Bergen, Hordaland 5035

Phone : +47.21.56.23.00
Fax : +47.21.56.23.01
Web : http://www.mowi.com
Sector Seafood Product Preparation & Packaging
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