The recent mass fish die off on the Coast of Bays, Newfoundland, Canada, will cost Mowi a one-off net cost of €5 million ($5.5 million) with an impact on harvest volumes of around 1,000 metric tons.

Around 2.6 million fish, approximately 5,000 metric tons of biomass, died in the event, which is thought to have been caused by prolonged high seawater temperatures creating low oxygen conditions.