Royal Greenland achieved record earnings in its latest accounting period, driven in part by its recent acquisition of Quin-Sea, as revenues finally returned to the same levels preceding the sale of its Wilhelmshaven business.
The reported financial year for 2015/2016 reflects 15 months of operation as a result of the changed financial year, which will now follow the calendar year going forward.
For the period, Royal Greenland posted a profit from ordinary operating activities (EBIT) of DKK 337 million (€45.3 million/$48.6 million) and a net profit before tax of DKK 335 million (€45 million/$48.3