Isfelag hf.
IICE:ISF155.00
ISK
-2.00
(-1.27%)
ISIN
IS0000030112
Return %
Stock
S&P 500
1Y
30.25
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
USD
•
in mil. unless spec.Working Capital
USD
•
in mil. unless spec.Growth Rates
USD
•
in mil. unless spec.Quarterly Revenue
USD
•
in mil. unless spec.Quarterly Earnings Per Share
USD
•
in mil. unless spec.Quarterly Dividends Per Share
USD
•
in mil. unless spec.Company Description
- CEO
- Stefán Baldvin Friðriksson
- Full Time Employees
- 309
- Sector
- Consumer non-durables
- Industry
- Food: specialty/candy
- Address
- Vestmannaeyjar Iceland
- IPO Date
- Dec 8, 2023
- Website
- isfelag.is
- Similar Companies
- Business
- Ísfélag hf. is an Iceland-based vertically integrated seafood and fisheries enterprise engaged in the harvesting, processing, marketing, and distribution of wild-caught pelagic fish, demersal groundfish, and marine by-products. Founded in 1901 and headquartered in Vestmannaeyjar, Iceland, the company operates a diverse fleet of specialized fishing vessels alongside coastal processing plants, reduction facilities, and cold storage infrastructure situated across strategic coastal hubs in Iceland, serving international wholesale, foodservice, retail, and feed manufacturing markets across Europe, Asia, and North America. The company organizes its commercial operations through three primary business divisions: Pelagic Seafood, Demersal Seafood, and Fishmeal and Fish Oil. The company's core product and service portfolio includes: frozen whole, headed and gutted (H&G), and filleted pelagic species, including capelin, capelin roe, Atlantic mackerel, Atlantic herring, and blue whiting; fresh, frozen, and salted demersal whitefish products, comprising cod, haddock, saithe, redfish, and Greenland halibut in fillet, loin, portion, and whole-gutted formats; cold-water Northern shrimp products; high-protein fishmeal tailored for aquaculture feeds, pet food, and livestock nutrition; crude and refined fish oils utilized in industrial, agricultural, and aquaculture applications; and integrated cold-chain logistics, vessel discharging, sorting, blast freezing, and custom seafood processing services. In recent developments, the company completed a transformational business combination through the merger of Ísfélag Vestmannaeyja hf. with northern Icelandic seafood operator Rammi hf., unifying fishing quotas, fleet operations, and shore-based processing assets under the unified corporate entity Ísfélag hf. Following the merger, the company executed an initial public offering (IPO) and listed its shares on the Main Market of Nasdaq Iceland under the ticker symbol ISF in December 2023. Additionally, Ísfélag hf. has advanced fleet renewal and infrastructure optimization programs, investing in fuel-efficient freezer trawlers and pelagic vessels, expanding processing automation at its primary facilities in Vestmannaeyjar and Siglufjörður, and broadening direct export channels across global seafood distribution networks.