Chilean salmon producer Salmones Austral saw first half earnings before interest, taxes, depreciation and amortization EBITDA slide 80 percent to $5.2 million (€4.4 million) as the company battled fallout from the coronavirus pandemic.
This came as revenues slipped 7 percent to $98.8 million (€83.6 million).
Salmon producers suffered from a massive slump in demand from the foodservice sector in the second quarter as the COVID-19 pandemic and lockdown restrictions led consumers to stay home.
