Processing

Bad run continues for Iceland Seafood International as losses mount

High volatility and diminishing consumer purchasing power are the main culprits for the company's ongoing woes.

"The focus in the short term will be to improve the operation of existing business units; the company's capital structure and review the company's strategy," said ISI's new CEO Aegir Pall Fridbertsson.
"The focus in the short term will be to improve the operation of existing business units; the company's capital structure and review the company's strategy," said ISI's new CEO Aegir Pall Fridbertsson.Photo: Brim
IcelandIceland Seafood InternationalAegir Pall FridbertssonwhitefishGroundfish
Published 23 November 2023, 06:01Updated 23 November 2023, 08:12