Chilean salmon farmer Invermar reported a solid profit in 2016 due to strong operational profits. However, this compares negatively to profits reported in 2015, which were explained mainly by non-operational transactions.

In 2016, the company reported earnings before interest, taxes, depreciation and amortization (EBITDA) in the salmon business of $16.1 million (€15.1 million), down from an EBITDA of $355 million (€332.9 million) generated in 2015.

The group reported a net profit of $10.8