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Icelandic Group plc
Borgartun 27
Phone: (560) 780-0Reykjavik  105  IcelandTicker: IG

This company is no longer actively traded on any major stock exchange.

Business Summary
Icelandic Group plc is an Iceland-based holding and investment company. The Company holds interests in several production and marketing companies that sell seafood products on the international markets, with the emphasis on frozen fish. Its principal activities include the production and supply of frozen, chilled or fresh seafood products to the retail and food service sectors. The Company's product range comprises whitefish, shrimp and other crustaceans, mollusks and cephalopods. Its operations are organized into five segments, including Icelandic Europe, Icelandic Asia, Icelandic Marketing, Icelandic USA, as well as Icelandic Investment and Development. Icelandic Group plc is operational internationally, and its main markets comprise the Continental Europe, the United Kingdom, Asia and the United States. The Company’s principal customers include Tesco, Marks & Spencer, Carrefour, Wal-Mart/ASDA, Morrisons, Aldi, Rewe, Netto and Kaufland.
 
Financial Information
Financial Ratings:Z'' Score  FRISK Score
Latest Financial Statements
and Analyses:
3/31/2008    Annual Financials    Quarterly Financials    
Current Fiscal Period:1Q 2008
Fiscal Year End:December
Last Audit:12/31/2007
Auditors:KPMG LLP
Audit Opinion:Unqualified
 
Industries
Type
Code
Description
SectorNONCYCConsumer/Non-Cyclical
IndustryFODMFGFood Processing
SIC2092Prepared Fresh Or Frozen Fish And Seafoods
2091Canned And Cured Fish And Seafoods
6719Offices Of Holding Companies, Not Elsewhere Classified
NAICS311712Fresh and Frozen Seafood Processing
311711Seafood Canning
551112Offices of Other Holding Companies
 
Management

Title

Name

Age
Title
Date
Start
Date
Chairman of the BoardMagnus Thorsteinsson 11/1/200611/1/2006
Member of the Executive Board, Chief Executive OfficerFinnbogi A. Baldvinsson 2/8/20081/1/2006
Member of the Executive Board, Deputy Chief Executive OfficerIngvar Eyfjord   
4 additional Management records available in full report.
 
General Information
Number of Employees:4,828 (As of 12/31/2007)
Outstanding Shares:2,870,795,246 (As of 3/31/2008)
Shareholders:19,791 (As of 12/31/2007)
Stock Exchange:ICE
Fax Number:(562) 125-2
 

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