Icelandic Group Plc · Reykjavik Iceland ·(OMX Iceland: IG)
Company Description
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This link will open in a new window A bright young thing with fish for sale, Icelandic Group sources and markets frozen fish and shrimp for wholesale markets. The company has operations in other countries through local subsidiaries. Three-quarters of its fish products are sold frozen to retail and foodservice distributors. The company adds some additional value to about 70% of its products in the form of breading or marinades. In the UK it operates Coldwater Seafood (value-added frozen seafood products), and owns a majority stake in Seachill. In the US, the company operates a seafood-processing plant and the shellfish exporter, Ocean to Ocean. The company has netted much of its growth through acquisitions around the world. To read the full description, subscribe now.
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Key Icelandic Group Plc Financials
| Company Type | Public - OMX Iceland: IG Headquarters |
| Fiscal Year-End | December |
| 2007 Sales (mil.) | $2,037.7 |
| Employees | 2,700 |
Icelandic Group Plc Executives
17 executives listed for Icelandic Group Plc's Reykjavik, location.
| Title | Name & Bio | Contact |
| Chairman | Fridrik Johannsson | Network |
| CEO | Finnbogi Baldvinsson | Network |
| Director Finance | Finnbogi Gylfason | Network |
Competition
Competitive Landscape for Icelandic Group Plc
Demand is driven largely by demographic shifts, particularly trends in population and age, working women, race and ethnicity, household size, and levels of disposable income. The profitability of individual companies depends on a good product mix and efficient operations. Large distributors are advantaged by bulk purchasing and economies of scale in distribution. Smaller companies can compete effectively by specializing in organic, natural, or kosher products or focusing on a geographical area. Average annual revenue per worker for a typical company is $675,000. To read the full description, subscribe now.Top Icelandic Group Plc Competitors
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