Chilean salmon producer Salmones Austral said it is buoyed by the continuation of record high salmon prices seen at the end of last year and into the first quarter of 2022.

The company swung into positive earnings territory in 2021.

Earnings before interest, taxes, depreciation and amortization (EBITDA) for the full 12 months came in at $22.7 million (€20.5 million), compared with negative EBITDA of $7.6