Iceland Seafood expects 2026 profit before tax of EUR 11.5 million-EUR 13.5 million

Reuters2026/08/26 16:23

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Iceland Seafood International guided for 2026 profit before taxes of EUR 11.5 million to EUR 13.5 million.
Forecast assumes cod prices stay elevated on quota reductions, reinforced by the U.S. and EU ban on Russian fish.
Salmon price outlook remains uncertain, expected to track 2025 patterns; results sensitive to cod, salmon, shrimp market moves.
1H 2026 sales rose 16.8% to EUR 273 million; net profit increased to EUR 2.2 million from EUR 1.1 million.
Net interest-bearing debt fell to EUR 117 million at June 30 from year-end 2025; NIBD/EBITDA rose to 4.8 from 4.6.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Iceland Seafood International hf published the original content used to generate this news brief on August 26, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Iceland Seafood expects 2026 profit before tax of EUR 11.5 million-EUR 13.5 million

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