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Sustainability

Chile: 56% of Cermaq’s volumes, just 21% of profit

SRS remains a problem, but lower lice levels and reduced costs suggest situation is improving as Cermaq Chile turns around loss from a year ago into a modest profit

By Eva Tallaksen | April 29, 2014 17:37 BST
Salmonex expects Chile harvest to drop 8.6% in 2015
A Cermaq Chile coho farm near Caucahue island, near Puerto Montt. Photo: November 2013
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Chile accounts for more than half (56%) of Cermaq’s sales volumes, but its profitability is still wanting: the country accounted for just a fifth (21%) of the company’s profit in the first quarter of the year [...]

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