CEO Finnbogi Baldvinsson told IntraFish there are no plans for any mergers or acquisitions in 2010; the focus will continue to be increasing efficiency and innovation within the existing companies.
“We are coming out of a tough year, in many ways, in profit. We have managed to take costs out the company,” Baldvinsson said.
“The market is tough and we are managing to get into the black due to a massive cost reduction and we are gaining trust again from our customers.
