COVID-19 impacts Iceland Seafood’s Q1 results, some recovery expected in Q3

Published on
May 20, 2020

Iceland Seafood International hf (ISI) saw its sales ease off in March as COVID-19 disrupted operations, although its retail earnings strengthened and helped diminish the overall impact of the pandemic.

According to the Reykjavik-headquartered group’s first-quarter 2020 results, sales for the opening three months were down 11 percent year-on-year to …

Photo courtesy of Ververidis Vasilis/Shutterstock

Contributing Editor reporting from London, UK

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