Main Market Listing and Offering of New Shares
ISI
ICELAND
SEAFOOD
October 2019
Main Market Listing and
Offering of new shares
Value Added Southern Europe division
•
•
Excellent position within the
largest market for Icelandic Cod
The Value Added S-Europe division has operations in Barcelona and Malaga in Spain and in Argentina. The division is the largest importer and seller of
Icelandic light salted cod in the Mediterranean market
The merger of Iceland Seafood Spain and the newly acquired Icelandic Ibérica will create a South European powerhouse with a strong brand and product
recognition in the market, highly qualified people and a loyal customer base
The division focuses on value added production of seafood such as traditional and light salted cod in fillets and portions, argentinian shrimp and various
ready to eat products.
Main Brands
ICELANDIC
ISLANDIA seastar
SEAFOOD
LAS
TA
PAS
de Islandia Armengol
ICELAND
GOLD
Islandia
armengol
Productos
del Mar
Banord
Main Markets 1
1 Excluding sales from S&D to Italy and Portugal
Portugal
Others
6%
4%
Italy
15%
75%
EUR 000
Key Figures
179,489
100,111
6,696
96,797
62,146
62,017
3,838
3,524
2,000
2,018
2016
2017
2018
2018P
2019 1H
Spain
Revenues
Normalised PBTView entire presentation