AquaChile posted Q1 2026 sales of $482 million, a slight decline from the same period in 2025, as lower international prices weighed on revenues, according to the company’s FECU filing via parent Empresas Agrosuper.
Operating profit reached $68 million, with net income of $46 million. EBITDA came in at $81 million, representing a 16.9% margin. Net margin stood at 9.4%.
The company attributed the revenue dip to lower Atlantic salmon prices, driven by higher harvests in both Chile and Norway. US tariffs added further pressure on market conditions, the filing states.
Coho salmon partially offset Atlantic salmon pricing weakness. Frozen fillet formats for coho performed well, allowing AquaChile to deepen its species diversification strategy, according to the company’s management analysis.