With profits up, Samherji plans EUR 400 million in aquaculture investments

Akureyri, Iceland-based vertically integrated seafood firm Samherji is planning a EUR 400 million in expanding its aquaculture operations.

On the back of doubled profits in 2021, Akureyri, Iceland-based vertically integrated seafood firm Samherji is planning a EUR 400 million (USD 405 million) in expanding its aquaculture operations.

The revelation was made at the company’s 2022 annual general meeting on 22 July, where it announced total annual sales of EUR 357.7 million (USD 362.9 million), operating income of EUR 377.5 million (USD 383.2 million), net profit of EUR 36.6 million (USD 37.1 million), and consolidated profit of EUR 118.8 million (USD 120.6 million) in 2021 ... 

Photo courtesy of Samherji


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