“In my opinion, I think we’re starting to see improvements in Chile for Marine Harvest,” Michelet told IntraFish.

Michelet cited improved sharing of data and “tough choices” that will put the company in a more competitive position going forward.

Last week, the company shut down a Puerto Montt, Chile, processing plant and laid off hundreds, a month earlier than it had scheduled to do so, the result of a lack of product to keep the plant efficient.

“Sometimes a difficult period is a strong driver for change and improvement.