Denmark-based Sirena Group’s focus on its core products and classic trading model are key to remaining profitable and increasing turnover going forward after a disruptive year impacted by Brexit and COVID-19, CEO Boe Spurre told IntraFish.

The company, which specializes in global sales and marketing of North Atlantic frozen-at-sea products, turned two consecutive loss-making years into a DKK 4 million (€537,916/$637,032) profit last year, despite a 24 percent decline in revenues to DKK 2.5 billion (€336.2 million/$398.1 million).

Reaching profitability was a result of an increased focus on Sirena’s core products such as coldwater shrimp, crab, halibut and cod, a return to a classic trading model, as well as a well-timed public listing of its partially owned Norcod cod farming division, Spurre said.