Investor Presentaiton slide image

Investor Presentaiton

ISI ICELAND SEAFOOD Q4 2020 Results Presentation to Investors and Analysts Projects for 2021 focused on driving efficiency and profitability from recent investments Stabilize the UK operation and utilize its unique growth platform • Current focus on improved efficiency within the new factory and decreasing costs within. the supply chain, • • Commercial team being strengthened, continuing discussion with customers to fully utilize production capabilities, Important to take full advantage of opportunities that will come up when the foodservice sector opens post Covid. Investments in the ICELANDIC brand and collaborative marketing efforts for Icelandic seafood products • Using our wide sales network, our market presence and strong producer network in Iceland to market the well- recognized ICELANDIC brand into the rest of European market. • • Integrate operations in Ireland and realize synergies Significant synergy opportunities in sourcing, processing and logistics. Estimated annual synergies of €0.2m - €0.5m, expected to materialize in full during 2022, Expand branded sales, using the market leading Nolan Brand. Explore adding on new product categories leveraging Group capabilities, Brexit has brought both challenges and opportunities. Key task to deal with the challenges in an efficient way but at the same time act on the opportunities that come up. ICELANDIC SEAFOOD Drive automation and focused growth in S- Europe Production and coldstore facility in Barcelona being expanded. Utilising economies of scale opportunities, to improve automation and efficiency, Use the strong market and brand recognition to expand both distribution network and product offering in the market, Fully utilize the recent investment in Argentina which increased production capacity and improved flexibility with a new 800MT coldstore, Production in Argentina for the current Rawson season (from beginning of Nov to mid March) expected to be around 2,800MT compared to 1,700MT in previous Rawson season. 7 ་
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