Sláturfélags Suðurlands (SFS) H2 2025 earnings summary

Executive summary

• Delivered record pre-tax profit since founding in 1907, with net profit of ISK 1,085.5 million, up from ISK 871.8 million year-over-year.

• Revenue increased by 8.8% to ISK 19,310.6 million, driven by higher sales across all main divisions and cost control.

• Strong financial position with equity ratio at 60.2% and cash flow from operations at ISK 1,816.8 million.

• Continued focus on innovation, efficiency, and supporting local farmers through profit-sharing and competitive returns.

Financial highlights

• Net profit for 2025: ISK 1,085.5 million (2024: ISK 871.8 million).

• Revenue: ISK 19,310.6 million (2024: ISK 17,747.8 million).

• EBITDA: ISK 1,868.5 million (2024: ISK 1,684.6 million).

• Equity: ISK 9,297.2 million, up 13% year-over-year.

• Cash and cash equivalents at year-end: ISK 2,913.1 million.

Outlook and guidance

• Management expects stable operations with no significant changes in scale in coming years.

• Ongoing initiatives to improve long-term profitability and operational efficiency.