Revenue Performance: Q4 operational revenue reached €1.43 billion, up 5.5% year-over-year, highlighting the strong demand for salmon. For the full year, revenue stood at a record €5.5 billion, reflective of increased sales volumes and higher prices for European-origin salmon.
Profitability Metrics: The company achieved a net income of €176.7 million for Q4, translating to an EPS of €3.85, which indicates a 1,227.6% increase year-over-year. The net profit margin improved to 12.6% compared to previous quarters.
Balance Sheet Health: As of the quarter-end, total assets amounted to €8.24 billion, with total liabilities at €4.48 billion, resulting in a healthy equity ratio of 46%. Mowi's interest coverage ratio is robust at 7.01.
Cash Flow: Mowi generated a net cash flow from operating activities of €156.2 million, while free cash flow for the quarter was €26.2 million, demonstrating effective cash management amid working capital fluctuations.