Benchmark CEO Malcolm Pye sent a reassuring message to the markets following the company’s decision to lower its full-year profit projections and the subsequent share price slump on the London Stock Exchange Monday.

Inaccurate planning as well as factors outside Benchmark’s control were behind the company’s realization that it could not meet this year’s targets, Pye told IntraFish, but the longer-term opportunity is “undiminished.”

The company warned investors of the lower expectations, citing challenges in the shrimp market, and to a lesser extent in the seabream and bass market.