The world's largest salmon farmer followed fellow producer Grieg Seafood's earnings bonanza, posting record high quarterly results driven by strong operations and sky-scraping salmon prices.

Mowi reported a more than doubling in earnings before interest, tax, depreciation and amortization (EBITDA) to €363.1 million ($361.3 million), despite a 5 percent drop in harvest volumes to 102,679 metric tons in the second quarter of 2022. This in turn delivered the company's highest ever operational profit for a quarter of €320 million ($318.4