Reported Earnings • Jul 29
Second quarter 2026 earnings released: EPS: Kr4.22 (vs Kr4.55 in 2Q 2025) Second quarter 2026 results: EPS: Kr4.22 (down from Kr4.55 in 2Q 2025). Revenue: Kr46.3b (up 6.4% from 2Q 2025). Net income: Kr1.30b (down 8.5% from 2Q 2025). Profit margin: 2.8% (down from 3.3% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Annuncio • Jul 29
Festi hf., Annual General Meeting, Mar 04, 2027 Festi hf., Annual General Meeting, Mar 04, 2027. Reported Earnings • May 02
First quarter 2026 earnings released: EPS: Kr0.71 (vs Kr0.90 in 1Q 2025) First quarter 2026 results: EPS: Kr0.71 (down from Kr0.90 in 1Q 2025). Revenue: Kr40.1b (up 6.0% from 1Q 2025). Net income: Kr218.0m (down 22% from 1Q 2025). Profit margin: 0.5% (down from 0.7% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 22% per year. Annuncio • Mar 06
Festi Hf. Elects Sigurlína Ingvarsdóttir as Vice Chairman Festi hf. announced at the AGM held on March 5, 2026, approved election of Sigurlína Ingvarsdóttir the Vice Chairman of the Board. Annuncio • Mar 05
Festi hf. announces Annual dividend, payable on April 09, 2026 Festi hf. announced Annual dividend of ISK 7.0000 per share payable on April 09, 2026, ex-date on March 05, 2026 and record date on March 06, 2026. Reported Earnings • Feb 06
Full year 2025 earnings released: EPS: Kr20.00 (vs Kr13.13 in FY 2024) Full year 2025 results: EPS: Kr20.00 (up from Kr13.13 in FY 2024). Revenue: Kr173.4b (up 12% from FY 2024). Net income: Kr6.22b (up 55% from FY 2024). Profit margin: 3.6% (up from 2.6% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Nov 02
Third quarter 2025 earnings released: EPS: Kr8.52 (vs Kr7.30 in 3Q 2024) Third quarter 2025 results: EPS: Kr8.52 (up from Kr7.30 in 3Q 2024). Revenue: Kr47.1b (up 6.4% from 3Q 2024). Net income: Kr2.65b (up 19% from 3Q 2024). Profit margin: 5.6% (up from 5.0% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Oct 30
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Guðjón Auðunsson was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 30
Second quarter 2025 earnings released: EPS: Kr4.55 (vs Kr3.16 in 2Q 2024) Second quarter 2025 results: EPS: Kr4.55 (up from Kr3.16 in 2Q 2024). Revenue: Kr43.6b (up 21% from 2Q 2024). Net income: Kr1.42b (up 49% from 2Q 2024). Profit margin: 3.3% (up from 2.6% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Reported Earnings • May 02
First quarter 2025 earnings released: EPS: Kr0.90 (vs Kr0.67 in 1Q 2024) First quarter 2025 results: EPS: Kr0.90 (up from Kr0.67 in 1Q 2024). Revenue: Kr37.8b (up 17% from 1Q 2024). Net income: Kr279.2m (up 38% from 1Q 2024). Profit margin: 0.7% (up from 0.6% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Board Change • Apr 01
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Independent Vice Chairman of the Board Gudjon Reynisson is the most experienced director on the board, commencing their role in 2014. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. New Risk • Mar 16
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.6% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.2x net interest cover). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • Feb 06
Full year 2024 earnings released: EPS: Kr13.13 (vs Kr11.31 in FY 2023) Full year 2024 results: EPS: Kr13.13 (up from Kr11.31 in FY 2023). Revenue: Kr154.5b (up 13% from FY 2023). Net income: Kr4.02b (up 17% from FY 2023). Profit margin: 2.6% (in line with FY 2023). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Annuncio • Dec 20
Festi hf. to Report Q3, 2025 Results on Oct 28, 2025 Festi hf. announced that they will report Q3, 2025 results After-Market on Oct 28, 2025 Annuncio • Dec 18
Festi hf., Annual General Meeting, Mar 04, 2026 Festi hf., Annual General Meeting, Mar 04, 2026. Annuncio • Dec 06
Festi hf. Announces Management Changes Magnús Hafliðason has been appointed Managing Director of N1 and will join Festi's Executive Management Team early next year. Magnús is a seasoned operations and marketing professional with over 25 years of experience in Iceland and Scandinavia. For the past three years, he has served as CEO of Domino’s Iceland. Previously, he was Managing Director of Domino’s Denmark (2006–2007), Operations and Marketing Director of Domino’s Iceland (2011–2014), Managing Director of Domino’s Norway (2014–2017), and International Operations and Marketing Specialist for Domino’s Pizza Group (2018–2019). Magnús also served as Managing Director of Joe & The Juice (2019–2020) and later as Head of Marketing and Communications at Sýn (2020–2021). He holds an Executive MBA from the University of Iceland. In addition to Magnús's appointment, Reynir Leósson will assume the role of Deputy Managing Director of N1. Reynir, who has been Director of Corporate Sales and Service for the past three years, will continue in that role while taking on broader responsibilities within the company to support its further development and expansion. Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: Kr7.30 (vs Kr5.96 in 3Q 2023) Third quarter 2024 results: EPS: Kr7.30 (up from Kr5.96 in 3Q 2023). Revenue: Kr44.3b (up 19% from 3Q 2023). Net income: Kr2.23b (up 23% from 3Q 2023). Profit margin: 5.0% (up from 4.9% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Annuncio • Oct 11
Festi Hf. Announces Management Changes Karen Ósk Gylfadóttir has been appointed Managing Director of Lyfja hf. as of October 11, 2024 and will join the Executive Management team of Festi hf. Karen Ósk holds a business degree from the University of Iceland. Over the past three years, she has served as Director of Product and Marketing and Digital Development at Lyfja. Before that, she was the Marketing Director at Nova hf. Karen Ósk will succeed Hildur Þórisdóttir, who has served as acting CEO of Lyfja, in addition to her previous role as Managing Director of Lyfja‘s Human Resource Department, since August 2023. Hildur will now assume the role of Human Resource Manager of Festi. The Board of Lyfja extends special thanks to Hildur for her steadfast leadership of the company over the past year. Karen Ósk has worked across various departments at Lyfja during the past few years and is well-acquainted with the company‘s operations. She has been a key player in the transformation Lyfja has undergone in recent years, alongside the company’s executive team. Reported Earnings • Aug 02
Second quarter 2024 earnings released: EPS: Kr3.16 (vs Kr2.43 in 2Q 2023) Second quarter 2024 results: EPS: Kr3.16 (up from Kr2.43 in 2Q 2023). Revenue: Kr36.0b (up 5.4% from 2Q 2023). Net income: Kr952.8m (up 29% from 2Q 2023). Profit margin: 2.6% (up from 2.2% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. New Risk • Jul 14
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.2x net interest cover). Minor Risk Shareholders have been diluted in the past year (2.2% increase in shares outstanding). Annuncio • Jun 28
Festi Hf. Announces Changes in Executive Management Festi hf. and Ymir Orn Finnbogason have reached an agreement that he will retire as Managing Director of N1 as of June 27, 2024 and step out of Festi's Executive Management at the same time. Ymir Orn has worked as Managing Director of N1 since June 2023. Asta S. Fjeldsted, CEO of Festi, will act as Managing Director of N1 until a replacement is found as the position will be advertised in the coming weeks. Reported Earnings • Apr 24
First quarter 2024 earnings released: EPS: Kr0.67 (vs Kr0.30 loss in 1Q 2023) First quarter 2024 results: EPS: Kr0.67 (up from Kr0.30 loss in 1Q 2023). Revenue: Kr32.2b (up 9.3% from 1Q 2023). Net income: Kr201.8m (up Kr292.8m from 1Q 2023). Profit margin: 0.6% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 1% per year. Upcoming Dividend • Feb 28
Upcoming dividend of Kr3.00 per share Eligible shareholders must have bought the stock before 06 March 2024. Payment date: 10 April 2024. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Icelandic dividend payers (5.5%). Lower than average of industry peers (3.2%). Annuncio • Feb 08
Festi hf. Proposes Dividend for the Year 2023 Festi hf. proposed to pay a dividend of ISK 3 per share for the year 2023. Buying Opportunity • Dec 05
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 1.6%. The fair value is estimated to be Kr227, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 12%. Annuncio • Aug 03
Festi hf., Annual General Meeting, Aug 23, 2023 Festi hf., Annual General Meeting, Aug 23, 2023, at 10:00 Central European Standard Time. Location: Dalvegur 10 – 14 Kópavogur Iceland Agenda: To consider and approve the proposal for a reduction in share capital by cancelling own shares and a corresponding amendment to the Articles of Association of the Company; to consider and approve the presentation regarding a purchase agreement for all share capital in Lyfja hf; to consider and approve the proposal for the Board of Directors authorization to increase the company's share capital in connection with the acquisition of all share capital in Lyfja hf. and a corresponding amendment to the Articles of Association of the Company; and to consider any other matters. Reported Earnings • Jul 27
Second quarter 2023 earnings released: EPS: Kr2.43 (vs Kr4.45 in 2Q 2022) Second quarter 2023 results: EPS: Kr2.43 (down from Kr4.45 in 2Q 2022). Revenue: Kr34.2b (up 14% from 2Q 2022). Net income: Kr738.0m (down 45% from 2Q 2022). Profit margin: 2.2% (down from 4.5% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 13% per year. Annuncio • Jun 21
Festi hf. Appoints Óðinn Árnason as Member of Management Team and Managing Director at Festi fasteignir ehf Festi hf. announced that Óðinn Árnason has been appointed managing director at Festi fasteignir and will be a member of the Festi hf. management team. He will assume the position as of 1 September 2023. Óðinn comes to Festi from Stefnir hf., where he has worked as a fund manager since 2017. He retired as a fund manager at Stefnir June 20, 2023. Previously he worked as a fund manager at Stapi Pension Fund, in real estate and market analysis at Kaupthing Sverige AB and as a broker at Sparisjóðabankinn. Óðinn has a master´s degree in Real Estate management and financial services from the KTH Royal Institute of Technology in Sweden. Óðinn also holds a degree in sustainable investments from PRI Academy and in securities trading from Reykjavík University. Reported Earnings • May 04
First quarter 2023 earnings released: Kr0.30 loss per share (vs Kr1.35 profit in 1Q 2022) First quarter 2023 results: Kr0.30 loss per share (down from Kr1.35 profit in 1Q 2022). Revenue: Kr29.5b (up 20% from 1Q 2022). Net loss: Kr91.1m (down 119% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 15
Upcoming dividend of Kr3.00 per share at 1.7% yield Eligible shareholders must have bought the stock before 22 March 2023. Payment date: 12 April 2023. Payout ratio is a comfortable 23% but the company is not cash flow positive. Trailing yield: 1.7%. Lower than top quartile of Icelandic dividend payers (4.8%). Lower than average of industry peers (3.5%). Reported Earnings • Feb 09
Full year 2022 earnings released: EPS: Kr13.19 (vs Kr15.48 in FY 2021) Full year 2022 results: EPS: Kr13.19 (down from Kr15.48 in FY 2021). Revenue: Kr121.4b (up 23% from FY 2021). Net income: Kr4.08b (down 18% from FY 2021). Profit margin: 3.4% (down from 5.0% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Margret Guomundsdottir was the last independent director to join the board, commencing their role in 2011. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: Kr5.10 (vs Kr7.10 in 3Q 2021) Third quarter 2022 results: EPS: Kr5.10 (down from Kr7.10 in 3Q 2021). Revenue: Kr35.1b (up 30% from 3Q 2021). Net income: Kr1.56b (down 32% from 3Q 2021). Profit margin: 4.4% (down from 8.4% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Annuncio • Sep 08
Festi hf. Appoints Ásta S. Fjeldsted as Chief Executive Officer The board of Festi hf. hired Ásta S. Fjeldsted as the company's CEO. For the time being, she will also hold the position of Executive Director of the Crown. Magnus Kr. Ingason will step down as CEO and continue to work as CFO. Ásta Sigríður has been the executive director of Krónan since 2020. Before that, she was the executive director of the Icelandic Chamber of Commerce from 2017. Until then, Ásta Sigríður worked for three international companies for more than a decade: For the consulting company McKinsey & Company since 2012, both at its offices in Tokyo and Copenhagen, where she participated in or led a number of small and large analysis and transformation projects. Previously, she worked at IBM in Denmark and for the prosthetics manufacturer Össuri hf., both in France and Iceland. Ásta Sigríður is a mechanical engineer with an M.Sc. degree from DTU, the Technical University of Denmark. Reported Earnings • Jul 28
Second quarter 2022 earnings released: EPS: Kr4.45 (vs Kr3.21 in 2Q 2021) Second quarter 2022 results: EPS: Kr4.45 (up from Kr3.21 in 2Q 2021). Revenue: Kr29.9b (up 23% from 2Q 2021). Net income: Kr1.34b (up 28% from 2Q 2021). Profit margin: 4.5% (up from 4.3% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Annuncio • Jul 15
Festi hf. Elects Hjörleifur Pálsson and Magnús Júlíusson to the Board Festi hf. elected Hjörleifur Pálsson and Magnús Júlíusson to the board of the company, at the shareholders' meeting held on July 14, 2022. Annuncio • Jul 13
Festi hf. Announces That Viðar Örn Traustason Has Withdrawn His Candidacy to the Board of Director Festi hf. announced that Viðar Örn Traustason has withdrawn his candidacy to the board of directors of Festi hf. for the upcoming shareholders meeting on July 14. Annuncio • Jun 03
Festi Hf. Eggert Þór Kristófersson as CEO Effective from the End July Festi hf. announced the resignation of Eggert Þór Kristófersson as CEO effective from the end July. An agreement has been reached about his retirement as CEO. Festi hf. currently operates N1, Krónan, Elko, Bakkinn and the real estate company Festi. The company is at a crossroad after extensive development in recent years and the CEO believes that at this juncture it is desirable to look for a new individual to lead its operations. The Board and the CEO have had a successful collaboration in recent years through a major development phase. The company's sustained good operating results are a clear sign of this. All subsidiaries are leaders in their respective markets and have received numerous recognitions in recent years. Reported Earnings • May 06
First quarter 2022 earnings released: EPS: Kr1.35 (vs Kr0.91 in 1Q 2021) First quarter 2022 results: EPS: Kr1.35 (up from Kr0.91 in 1Q 2021). Revenue: Kr24.6b (up 18% from 1Q 2021). Net income: Kr475.8m (up 64% from 1Q 2021). Profit margin: 1.9% (up from 1.4% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Vice Chairman of Board Margret Guomundsdottir was the last independent director to join the board, commencing their role in 2011. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 21
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Vice Chairman of Board Margret Guomundsdottir was the last independent director to join the board, commencing their role in 2011. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Mar 15
Upcoming dividend of Kr5.00 per share Eligible shareholders must have bought the stock before 22 March 2022. Payment date: 08 April 2022. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Icelandic dividend payers (7.7%). Lower than average of industry peers (3.2%). Reported Earnings • Feb 12
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: Kr15.48 (up from Kr6.95 in FY 2020). Revenue: Kr98.7b (up 14% from FY 2020). Net income: Kr4.97b (up 119% from FY 2020). Profit margin: 5.0% (up from 2.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Oct 30
Third quarter 2021 earnings released: EPS Kr7.10 (vs Kr3.55 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: Kr27.1b (up 15% from 3Q 2020). Net income: Kr2.29b (up 97% from 3Q 2020). Profit margin: 8.4% (up from 4.9% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Jul 29
Second quarter 2021 earnings released: EPS Kr4.12 (vs Kr1.60 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: Kr24.3b (up 18% from 2Q 2020). Net income: Kr1.04b (up 98% from 2Q 2020). Profit margin: 4.3% (up from 2.5% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Annuncio • Jul 16
Festi Hf. Updates Forecast Based on Preliminary Accounts for Second Quarter 2021 Festi hf. announced that according to preliminary management accounts for second quarter 2021, EBITDA will be ISK 2.5 billion compared to ISK 1.7 billion for the same period last year which is an increase of ISK 0.8 billion year on year. The results of second quarter 2021 is higher than expected for N1, ELKO and Krónan but the effects of COVID-19 pandemic had also a significant negative effect on second quarter 2020 in comparison. Reported Earnings • May 01
First quarter 2021 earnings released: EPS Kr0.91 (vs Kr0.16 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: Kr20.9b (up 11% from 1Q 2020). Net income: Kr289.3m (up 449% from 1Q 2020). Profit margin: 1.4% (up from 0.3% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. Upcoming Dividend • Mar 15
Upcoming Dividend of Kr3.00 Per Share Will be paid on the 8th of April to those who are registered shareholders by the 22nd of March. The trailing yield of 1.8% is below the top quartile of Icelandic dividend payers (2.2%), and is lower than industry peers (2.4%). Reported Earnings • Feb 27
Full year 2020 earnings released: EPS Kr6.95 (vs Kr8.49 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: Kr86.3b (up 1.3% from FY 2019). Net income: Kr2.27b (down 19% from FY 2019). Profit margin: 2.6% (down from 3.3% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Feb 03
New 90-day high: Kr183 The company is up 21% from its price of Kr151 on 05 November 2020. The Icelandic market is up 22% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Specialty Retail industry, which is up 11% over the same period. Is New 90 Day High Low • Jan 15
New 90-day high: Kr181 The company is up 21% from its price of Kr150 on 16 October 2020. The Icelandic market is up 22% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Specialty Retail industry, which is up 11% over the same period. Is New 90 Day High Low • Dec 30
New 90-day high: Kr172 The company is up 18% from its price of Kr145 on 01 October 2020. The Icelandic market is up 25% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Specialty Retail industry, which is up 10.0% over the same period. Is New 90 Day High Low • Dec 09
New 90-day high: Kr168 The company is up 15% from its price of Kr146 on 10 September 2020. The Icelandic market is up 13% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Specialty Retail industry, which is also up 15% over the same period. Is New 90 Day High Low • Nov 11
New 90-day high: Kr158 The company is up 10.0% from its price of Kr143 on 13 August 2020. The Icelandic market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Specialty Retail industry, which is up 14% over the same period. Reported Earnings • Nov 06
Third quarter 2020 earnings released: EPS Kr3.55 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: Kr23.5b (down 2.4% from 3Q 2019). Net income: Kr1.16b (down 21% from 3Q 2019). Profit margin: 4.9% (down from 6.1% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.