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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Brim
Brim (BRIM) investor relations material
Brim Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary27 Aug, 2026
Executive summary
Revenue for H1 2026 was €241 million, up from €184 million in H1 2025, with Q2 2026 revenue at €119.3m, up from €82.4m in Q2 2025.
EBITDA for H1 2026 reached €59.7m (24.8% margin), up from €27.0m in H1 2025, and Q2 2026 EBITDA was €25.5m (21.4% margin).
Net profit for H1 2026 was €43m, up from €11m in H1 2025, with Q2 2026 net profit at €18.7m, compared to €3.2m in Q2 2025.
The acquisition of Lýsi and the sale of Polar Seafood Denmark were major strategic moves, impacting assets and equity.
Equity at period end was €482m, down €55m due to share buybacks for the Lýsi acquisition.
Financial highlights
Gross profit for H1 2026 was €59.2m, up from €26.8m in H1 2025; Q2 2026 gross profit was €36.9m, up from €11.5m in Q2 2025.
Earnings per share for H1 2026 were €0.0232, up from €0.0056 year-over-year.
Cash flow from operations was €50.3m, up from €25.6m in H1 2025.
Total assets as of June 30, 2026, were €956m.
Cash and cash equivalents at June 30, 2026, were €49.6m.
Outlook and guidance
Positive outlook for pelagic products, with strong demand and favorable prices, especially for cod and saithe.
Reduced quotas for mackerel in 2026 may impact future volumes, but new opportunities from Lýsi acquisition are expected.
Management notes ongoing regulatory uncertainty in fisheries management and fees.
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Latest events from Brim
- Q1 2026 delivered strong profit growth, margin expansion, and a pending major acquisition.BRIM
Q1 2026 - Profit and revenue grew strongly in 2025, but quota and regulatory risks persist.BRIMQ4 2025
- Strong Q3 results with higher profit, major acquisition, and improved financial ratios.BRIMQ3 2025
- Revenue and profit rose for H1 2025, but Q2 declined amid strong demand and robust prices.BRIMQ2 2025
- Lower mackerel catch and vessel investment led to weaker profit and higher debt.BRIMQ3 2024
- Profit and revenue fell, but cash flow and vessel investments remained strong.BRIMQ2 2024
- Profit and revenue climbed, but regulatory and quota risks threaten future growth.BRIMQ1 2025
- Revenue, EBITDA, and net income fell in 2024, but equity and dividend remained strong.BRIMQ4 2024
Next Brim earnings date
Q3 202619 Nov, 2026
Brim
Next Brim earnings date
Q3 202619 Nov, 2026
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Frequently asked questions
Brim hf. is an Icelandic company engaged in the fishing, processing, and marketing of seafood products. The company specializes in groundfish, such as cod, haddock, and halibut, and pelagic fish, including herring, mackerel, and capelin. Brim operates multiple processing plants and a fleet of vessels to ensure a steady supply of both fresh and frozen products. The company's products are distributed globally, with significant markets in Europe, Asia, North America, and Africa. Established in 1985 and headquartered in Reykjavík, Brim is listed on the Nasdaq Iceland.