Iceland Seafood Q1 2023 Investor Presentation
ICELAND
ISI SEAFOOD
Q1 2023
Presentation to Investors
and Analysts
Esparreguera
Viladecavalls
ICELAND
1958
C Cabassa
Ull strell Ca n'Amat
Olesa de
Montserrat
ISI SEAFOOD
C-55
BV-1201
C-1414
A-2
8-40
Sta. Maria
Can Vilalba
BV-1202
Ca n'Amat
Sant Esteve
Sesrovires
in Juan
amora
B-224
Abrera
BV-1201
AP-7
Les Carpes
E-90
C-243
Castellví
de Rosanes
Gelida
C-24
Safari
BV-2425
Muntanyes
d'Ordal
Je
lls
C-44
CAN PALET
N-150
C243
C-58
CAN PARELLADA
Les Fonts
G-16
B-151
B-151
A-2
Castellbisbal
Martorell
BV 501
C-1413a
BP-1503
Ponnya
C-1413
CAN RULL
Sabadell
Sant Quirze
del Vallès
B-142
Santa Perpètua
AP-7
8-140
de Mogoda
Santiga
La Florida
Universidad
Autónoma
C-58
de Barcelona
Serraparera Ripollet
Bellaterra
BV-1414
Rubi
Cerdanyola
Sant Cugat
-30
del Vallès
BP-1413
Montflorit
Centre Comercial
27,6 Km
23 min
A7B-150
Sant Andre
de la Barca
C-1413
El Papiol
Ca n'Ermengol
Can Rigol
Can Coll
Corbera de
Llobregat
Fontpineda
La Palma
de Cervelló
N-340
Vallirana
Cervelló
Mira-sol
AP-7
Sant Cugat
C-16
Valldoreix
del Vallès
BV-1462
La Colonia
Montserrat
BV-1462
Parque Natural
de la Sierra
de Collserola
La Llagost
Moncada
y Reixach
BV-5001
C-3
BV-1415
Parque del
C-33
C-58
Laberinto
Sta
de Horta
ASOM Multiespai
HORTA-GUINARDÓ
de (
San Bartolome
C-33
de la Cuadra
Parc d'atraccions
lejá
BV-1468
Tibidabo
Park Güell
Molins de Rei
SARRIA
Palacio Real de Pedralbes
BV-242
D
Sant Vicenç
N-340
Can Pi
Sant Just
Desvern
B-23
A-2
dels Horts
BV-2005
BV-2005
Torrelles de
Llobregat
Colonia Güell
Sant Climent
Sant Boi de
BV-2004 Llobregat
Sant Joan
Despi
Cornellà de
Llobregat
GRACIA
340 Poble Espanyol
L'Hospitalet
de Llobregat
-20
-10
Dan Andal
-10
Basílica de la
Sagrada Família
DISTRITO DEL
ENSANCHE
Barcelona
DISTRITO DE
SANTS-MONTJUÏC
Castillo de Mon
Livoma
Barcelona ES
Ongoing projects to further improve the
successful operations in S-Europe
Facility extension of IS Ibérica
completed. It will generate increased
throughput, more flexibility in packaging
options and rationalizes the production.
•
•
Increased capacity in skin pack and vacuum chain
pack for retail,
Improved efficiency in cutting and packing of light
salted fillets. Straight-line process from cutting to
final pack,
Increased storage and service capacity, in addition
to the extension of the production.
An agreement was signed with a
respected logistics company to build a
new cold store in Barcelona
Currently finished goods stock of IS Ibérica is
stored in 5 different cold stores in Spain. The new
cold store will be able to keep all our stock in one
place, raw material and finished goods, and is
located 23 min away from the factory. This will
release significant savings in transport and logistic
•
costs, now estimated at €0.5m per annum,
This is the final step in integration following the
merger of IS Spain and Icelandic Iberica in 2018, a
step that has taken longer than expected due to
complexities caused by Covid-19.
Construction of the cold store is expected to take
18-24 months. It will therefore start generating
savings in 2025.
Steps were taken to integrate Ahumados
Domínguez's operation with IS Ibérica.
•
Management team of IS Ibérica supporting the
relevant functions within Ahumados Domínguez,
Focus on improved efficiency in Ahumados.
Domínguez operations and increased cooperation
between the two entities in different areas, which
both entities will benefit from,
Leveraging on the experience from successful
processes after the merger of IS Spain and Icelandic.
Ibérica in 2018 and Elba and IS Ibérica in 2021-22.
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