Iceland Seafood International hf. Overview
Pro stress-test →Iceland Seafood International hf. exports seafood worldwide through Value Added Southern Europe, Value Added Northern Europe, and Sales & Distribution segments. Founded in 1932, the company specializes in premium Icelandic seafood products sourced from the North Atlantic and distributed to over 30 countries.
Strategic Profile
Pro stress-test →The company combines Icelandic tradition with cutting-edge logistics, delivering seafood with unmatched expertise and rigorous traceability. Q1 2025 showed continued operational recovery with normalized profit before tax of €2.3m and 12-month EBITDA reaching €18.5 million, positioning the firm for margin expansion as refinancing initiatives reduce interest costs.
Competitive Landscape
Pro stress-test →Iceland Seafood International competes in the global seafood export market against established Norwegian salmon producers (Mowi, SalMar), Spanish seafood processors (Ahumados Dominguez), and specialized UK/Irish seafood distributors. The company differentiates through heritage Icelandic sourcing, vertical integration with multiple processing segments, and strong distribution networks in Southern and Northern Europe.
Industry Context
Iceland Seafood International hf. operates in Seafood Processing & Export.
Key facts
Founded: 1932 · Headquarters: Reykjavik, Iceland · Employees: 788 · Revenue: $482M · Market cap: $123M