Invermar achieved net profits of USD14.2m in H1

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This result is significantly better than for the same period of the previous year, which did not exceed USD1m. 

According to Aqua.cl, accumulated consolidated net sales amounted to USD117.1m. This figure represents an increase of 62% compared to the same period in 2016, where sales reached US $ 72.3 million.

Analyzing only the salmon segment, the EBIT without fair value adjustment accumulated by Invermar as of June 30, 2017 was USD20m. With regard to EBITDA without recognition of fair value adjustment, this value reached a value of USD25m in June 2017.

The company is situated in Santiago, Chile, and was founded in 1988. It produces Atlantic salmon, trout, and coho salmon, as well as scallops.