Icelandic profits up on ‘significant’ operations changes
date:Mar 26, 2014
Icelandic Groups EBITDA in 2013 totaled EUR 16.7 million (USD 23 million), up about EUR 4.8 million (USD 6.6 million) compared to 2012 when EBITA was almost EUR 11.9 million (USD 16.4 million).

Profit also increased to EUR 2.3 million (USD 3.2 million) compared to EUR 338,000 (USD 466,829) in 2012.

The company also said significant strategic decisions were put into action last year including the closure of operations in Norway, renaming the Belgian subsidiary from Gadus to Icelandic Gadus and
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