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Cermaq Chile turns first profit in 18 months

High salmon prices pull Chile division out of the red after six consecutive quarters of losses, though ex-cage Atlantic costs still $1 above target

By Undercurrent News | Feb. 11, 2014 09:45 GMT
At a Cermaq salmon plant in Chile.
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At a Cermaq salmon plant in Chile.

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High salmon prices saw Cermaq's Chile salmon operations finally move out of the red in the fourth quarter of 2013, following six consecutive quarters of losses [...]

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