Marine Harvest released its earnings and results for the first quarter of 2016 on Wednesday 11 May.
It reported a strong quarter for salmon prices, as well as record-high prices in Europe and Asia with prices in the Americas improving.
Operational revenue and other income was up 10% from the first quarter in 2015 to €809.5m.
The Norwegian company reported earnings before interest and taxes (ebit) were up 17% from the same point last year to €112m, which is slightly above the guidelines.
But it has predicted a strong hit in the next quarter relating to troubles in Chile, which are impacted by the algal bloom in Region X.
The report covers an operating loss in Chile of €23.9m as the algal bloom caused chaos for farmers in the area.
Despite Marine Harvest already announcing a restructuring plan which will lead to approximately 500 employees to leave, the company will still continue to open a new feed factory in Scotland.
