Salmones Camanchaca S A : Press Release 2025 - Q4

About this update from Salmones Camanchaca Sa

Operational Improvements and Favorable Sanitary Conditions Drive Salmones Camanchaca's 2025 Results With an EBITDA of USD 13.6 million in the fourth quarter, the company reached USD 67.7 million for the year, a 38% increase vs 2024. Santiago, February 25, 2026. - Salmones Camanchaca S.A. reported its financial results for the fourth quarter and full year 2025, showing favorable operational and financial performance. In the fourth quarter, harvests totaled 17.6 thousand MT, 4% higher than in the same quarter of 2024, and reached 61.5 thousand MT for the year, an 18% increase. With quarterly revenues of USD 108 million, 10% lower than the same period in 2024 due to a 3% lower sales volume of Atlantic salmon and a 7% lower price, annual revenue reached USD 386 million, 5% lower than in 2024. It is worth noting the 75% reduction in Coho sales, a decline caused by reduced stocking in 2024. Prices for the main product, Atlantic salmon, fell by 2.3% for the year and by 7% in the quarter. Meanwhile, the cost of live harvested Atlantic salmon for the year was USD 3.97/kg, a 9% reduction. Consequently, the margin measured as EBIT/kg rose from 62 cents (USD) per kilo to 84 cents (USD) per kilo. Con estos resultados y sin registrar mortalidades extraordinarias, Salmones Camanchaca sigue evidenciando mejoras operacionales que se traducen en mejores condiciones sanitarias y menores costos, lo que se tradujo en un EBITDA del cuarto trimestre de US$ 13,6 millones, y de US$67,7 millones en el año, un 38% superior a 2024. With these results and with no extraordinary mortalities recorded, Salmones Camanchaca continues to demonstrate operational improvements translating into better sanitary conditions and lower costs. This resulted in a fourth-quarter EBITDA of USD 13.6 million, and USD 67.7 million for the year, 38% higher than in 2024. The Net Result after Taxes accumulated USD 25.5 million for the year, 83% higher than in 2024, generating a Net Profit of USD 24.9 million, 4.4 times higher than in 2024. Ricardo García Holtz, Vice Chairman of the Company, stated that "the efforts we have deployed over time to achieve operational improvements and productive efficiencies consistent with the sustainability of our activity, have allowed us to contain costs and obtain higher margins, bearing fruit in 2025, a year with depressed prices due to increased Norwegian and Chilean suppl...

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