Mowi ASA operates in the Fresh or frozen prepared fish sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Pan Fish with three other
fisheries and seafood processors in Europe:
Austevoll Seafood ASA
sales of 20.80 billion Norwegian Kroner [US$2.40 billion]
of which 90%
was LSG ASA),
Leroy Seafood Group ASA
(18.62 billion Norwegian Kroner [US$2.15 billion]
of which 94%
was Sales and Distribution), and
(10.82 billion Norwegian Kroner [US$1.25 billion]
of which 98%
was Sale and Processing).
Pan Fish reported sales of NOK 34.22 billion (US$3.96 billion)
December of 2017.
increase of 5.4%
versus 2016, when the company's sales were NOK 32.46 billion.
Sales at Pan Fish have increased during each of the previous five years
(and since 2012, sales have increased a total of 121%).
Sales of Farming saw an increase
that was more than double the company's growth rate: sales were up
62.7% in 2017, from
NOK 462.31 million to NOK 752.11 million.
Pan Fish also saw significant increases in sales in
Sales and Marketing Mh Consumer Products (up 15.0% to NOK 14.59 billion)
Fish Feed (up 24.0% to NOK 190.37 million)
Not all segments of Pan Fish experienced an increase in sales in 2017:
sales of Sales and Marketing Mh Markets fell 2.0% to NOK 18.74 billion.