Sales at Chilean seafood producer Blumar slipped 4% in the first quarter of 2019 and earnings fell 39% year-on-year due to higher salmon farming costs and a lack of wild-caught cuttlefish that hurt the finances of affiliate PacificBlue
In an earnings release, the company said that its Q1 sales fell to $109.9 million and its pre-fair value adjustment earnings before interest, taxes, depreciation and amortization fell to $18.4m [...]
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