Fourth quarter operational earnings at Mowi's Chilean operations fell sharply due to lower salmon prices.
The near 39 percent decrease in earnings before interest and taxes (EBIT) to €13.2 million ($14.4 million) came in a quarter marked by widespread social unrest in the country, which hindered both the transport of goods and exports.
"The effects of reduced prices led to the decrease in operational EBIT compared with the fourth quarter of 2018, partly offset by decrease in costs," Mowi wrote in its fourth quarter bulletin.
