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Latin America

Nova Austral expects liquidity troubles until 2022

The Chilean salmon firm has turned to DNB and financial sponsors to aid it, with harvests down and government subsidies being withheld

By Neil Ramsden | July 31, 2020 15:09 BST
Sixty South Hatcheries
Sixty South hatchery, owned by Nova Austral

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Chilean salmon farmer Nova Austral has warned that, due to recent mortality related issues, it has experienced reduced harvest levels and "adverse developments in its earnings and cash flow" [...]

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Contact the author neil.ramsden@undercurrentnews.com

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