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
་View entire presentation