Mowi ASA 2017 IR
The report highlights Marine Harvest's record financial performance in 2017, achieving an Operational EBIT of EUR 792.1 million driven by strong global demand and high salmon prices. The company continued its vertical integration strategy, progressing with its second feed plant in Scotland and expanding its freshwater RAS facilities to produce larger smolt. On sustainability, Marine Harvest remained an industry leader with 72 sites certified under the Aquaculture Stewardship Council (ASC) standard. However, the company faced biological challenges, particularly from sea lice, which impacted harvest volumes in Norway and led to a 73% reduction in medicine use through the implementation of non-medicinal tools.
Company: Mowi ASA
Sector: Agriculture, forestry & fishing
Country: Norway
Year: 2017
Type: IR
Pages: 135
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Mowi ASA
Integrated Annual Report
The report highlights Marine Harvest's record financial performance in 2017, achieving an Operational EBIT of EUR 792.1 million driven by strong global demand and high salmon prices. The company continued its vertical integration strategy, progressing with its second feed plant in Scotland and expanding its freshwater RAS facilities to produce larger smolt. On sustainability, Marine Harvest remained an industry leader with 72 sites certified under the Aquaculture Stewardship Council (ASC) standard. However, the company faced biological challenges, particularly from sea lice, which impacted harvest volumes in Norway and led to a 73% reduction in medicine use through the implementation of non-medicinal tools.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Women on Board
Women in Management
Workplace Fatalities
Employees