Chilean salmon producer Salmones Austral posted a 64 percent drop in first quarter earnings before interest, taxes, depreciation and amortization (EBITDA) to $3.8 million (€3.1 million), led by lower prices.
In the opening quarter of 2020, prices did not suffer the same sharp falls caused by the subsequent COVID-19 driven collapse in global foodservice demand experienced in results throughout the rest of the year.
However, revenue rose 45 percent to $82.4
