Investor Presentaiton
ISI
Q2 2021
ICELAND
SEAFOOD
Presentation to Investors
and Analysts
Strong retail presence with well recognised
premium consumer brand for smoked salmon
Ahumados Dominguez - Reminder
Rational for the proposed acquisition.
Good consumer recognition with a premium brand. Active
consumer campaigns and direct consumer contact, specialty
stores located inside of premium retailer El Corte Inglés
supermarkets,
Will strengthen and broaden our proposition in retail.
Opportunity to utilize the platform for selling high quality salted
Cod products,
Iceland Seafood will be entering into salmon, fast growing
product category in Spain. Opportunity to expand current
product offering with unused production capacity in the factory,
Opportunity to expand sales and profits with the premium
brand and quality product development capabilities. The
company produces highly value-added products with high
margins,
Moderate revenue and profit growth in the past four years.
Aiming for significant growth in the coming years, by leveraging
the opportunities mentioned above.
21,3
20,6
Sales € m's
23,8
19,3
2018
2019
2020
2021B
Gross margin %
47,3%
47,3%
44,8%
44,3%
2018
2019
2020
2021B
0,5
Normalised PBT € m's
1,3
1,2
0,9
2018
2019
2020
2021B
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