AquaChile sees higher revenue, expands weighting in parent company Agrosuper's results in Q2

Chile’s largest salmon-farming firm, AquaChile, strengthened its weighting in overall contributions to parent company Agrosuper’s top line as the aquaculture division outperformed the holding’s meats division during the second quarter of the year, according to results recently posted by the parent company.

AquaChile is Chile’s largest salmon producer, a conglomerate formed in a 2018 sector consolidation that brought a number of actors – AquaChile, Los Fiordos, Salmones Magallanes, and Friosur – under the same umbrella.

AquaChile’s sales represented 40 percent of Agrosuper’s total top-line earnings in Q2 2023, compared to 35 percent in the same quarter a year prior. Over the same period, Agrosuper’s meat segment weighting fell to 59 percent from 63 percent.

During Q2 2023, 83 percent of Agrosuper’s consolidated earnings before ... 

Photo courtesy of AquaChile