Third quarter operational earnings for Mowi's Chilean operations climbed 51 percent from a year earlier as the company continued to benefit from strong demand and reduced supply in the division's main North American market.

Operational earnings before interest and tax (EBIT) came in at €13.9 million ($16.1 million).

Demand at restaurants is increasing now that some COVID-19 restrictions have been eased in North America. Retail demand, which surged during COVID, remains robust.

"Chile's margin improvement is also driven by prices," Mowi CEO Ivan Vindheim said during the company's third quarter results presentation.