Finance

Iceland Seafood International widens losses as it battles 'rapid and substantial' price increases

The group is revising down its profit outlook for the year as a result of the headwinds.

Bjarni Armannsson, CEO of Iceland Seafood International, said it will take longer and cost more than previously estimated to stabilize the UK business.
Bjarni Armannsson, CEO of Iceland Seafood International, said it will take longer and cost more than previously estimated to stabilize the UK business.Photo: Groundfish Forum
Published 9 August 2022, 07:00Updated 9 August 2022, 13:17
Iceland Seafood InternationalBjarni ArmannssonIcelandEarningsInflation