Blumar swings to Q3 profit on higher salmon prices

The company overturned an EBITDA loss of $9.6 million (€8.5 million) a year earlier.

Chilean producers including Blumar placed fewer fish in cages at the onset of the global COVID-19 pandemic in early 2020, leading to higher prices this year as demand recovered. — Chilean producers including Blumar placed fewer fish in cages at the onset of the global COVID-19 pandemic in early 2020, leading to higher prices this year as demand recovered.Photo: Blumar

John Evans

Published 26 November 2021, 17:40Updated 29 November 2021, 13:34

Blumar Farmed salmon