Chilean salmon farmer Australis posted a 25 percent fall in second quarter earnings before interest taxes depreciation and amortization (EBIDTA) to $27.1 million (€23.5 million), led by lower salmon and trout prices.

This compared with $35.9 million (€31.1 million) in the same period of 2017.

The result came as second quarter sales dropped 23 percent from a year earlier to $87.3 million (€75.8