News

A new sales company has been set up for Samherji. The company is called Ice Fresh Seafood and is fully owned by Samherji.

Samherji took an active part in the European Seafood Exhibition 2007 in Brussels with a large and stylish stand.

Samherji hf. has today finalized buying Engey RE 1 on behalf of a daughter company.

Samherji hf. has finalized buying a ship from the Shetland Islands. The ship was built in Norway in the year 1998.  It is 71 m long and 13 m wide and especially equipped for pelagic fishing. The main engine is Wärtsilä 18V 32 8200kW/750 rpm and RSW tank capacity is 2100 m3

Samherji Ltd. was run profitable by 3.104 million ISK in the year 2005, compared to 2.914 million ISK in the year 2004.

An agreement has been reached for UK Fisheries to acquire the fishing businesses of J. Marr Ltd. according to an announcement of today.

Adalsteinn Helgason, Business Development Manager of Samherji Ltd., will take over as Managing Director of Síldarvinnslan Ltd. in Neskaupstadur as from January 1st 2006.

Samherji Ltd. was run profitable by 1.065 million ISK in the first six months of 2005, profit from the second quarter was 390 million ISK. The operating revenue of the group the first six months totalled 11.627 million ISK and operating expenditure was 9.648 million ISK. Profit, before depreciation and financial expenses (EBITDA), was 1.979 million ISK, depreciation was 674 million ISK and financial expenses were negative by 245 million ISK. Samherji´s share in the return of subsidiaries was 312 million ISK, profit before taxes was 1.372 million ISK and profit after taxes, including minority shares was as afore said 1.065 million ISK. 

Samherji (Fisheries and Fish Processing), symbol SAMH, will be delisted from ICEX Main List after closing of trading day July 28th in accordance with the company's request. The company does not fulfill the listing requirements as Fjárfestingarfélagið Fylkir ehf. and parties, that have reached an agreement on the management and operations of Samherji hf. and financially related parties, have aquired 91,64% of its shares. The delisting is made by reference to Art. 7.5.2 of Rules for Issuers of Securities Listed on the Iceland Stock Exchange Ltd.

The Fjordur Investment Company, a vehicle owned by Þorsteinn Már Baldvinsson CEO of Samherji hf, Kristján Vilhelmsson Mananaging Director of Samherji hf and Finnbogi A. Baldvinsson CEO of Pickenpack Hussmann and Hahn Seafoods, has purchased 7.33% of the shares in Samherji hf. Fjordur has entered into an agreement with Bliki ehf, Tryggingamiðstöðin hf and F-15, the other principal institutional shareholders regarding the management and operations of Samherji hf.