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:
sales of 12.24 billion Norwegian Kroner [US$1.27 billion]
of which 93%
was Sale and Processing),
Austevoll Seafood ASA
(23.31 billion Norwegian Kroner [US$2.43 billion]
of which 88%
was LSG ASA), and
Leroy Seafood Group ASA
(20.43 billion Norwegian Kroner [US$2.13 billion]
of which 94%
was Sales and Distribution).
Pan Fish reported sales of NOK 40.72 billion (US$4.24 billion)
December of 2019.
increase of 11.0%
versus 2018, when the company's sales were NOK 36.70 billion.
Sales at Pan Fish have increased during each of the previous five years
(and since 2014, sales have increased a total of 59%).
Sales of Fish Feed saw an increase
that was more than double the company's growth rate: sales were up
101.9% in 2019, from
NOK 149.23 million to NOK 301.30 million.
Pan Fish also saw significant increases in sales in
Sales and Marketing Mh Consumer Products (up 15.6% to NOK 23.59 billion)
Not all segments of Pan Fish experienced an increase in sales in 2019:
sales of Farming fell 12.5% to NOK 1.01 billion.
(However, this segment's sales were only a very small portion of the company's overall sales).