Sláturfélags Suðurlands (SFS) H1 2026 earnings summary

Executive summary

• Consolidated financial statements prepared under IFRS for the period 1 January – 30 June 2026.

• Operations include slaughtering, food processing, and import of food and agricultural products.

• Two subsidiaries: one in poultry production and one in salad/vegetable production.

Financial highlights

• Revenue for H1 2026 was ISK 10,429.8 million, up from ISK 10,130.6 million year-over-year.

• Net profit for H1 2026 was ISK 583.3 million, down from ISK 693.7 million year-over-year.

• Total assets at 30 June 2026 were ISK 18,039.2 million, up from ISK 15,438.0 million at year-end 2025.

• Equity at 30 June 2026 was ISK 9,761.8 million, up from ISK 9,297.3 million at year-end 2025.

• Cash at period end was ISK 3,148.9 million, up from ISK 2,913.1 million at year-end 2025.

Outlook and guidance

• The company aims to remain a leading national food wholesaler and distributor.