From GlobeNewswire: 2024-10-17 11:54:00

Haga hf.’s annual financial statement for the second quarter of 2024/25 was approved by the company’s board on October 17, 2024. Key figures include sales of 46.579 m.kr. for 2F and 90.646 m.kr. for 6M, with EBITDA of 4.014 m.kr. for 2F and 7.228 m.kr. for 6M.

Haga’s operations and sales performance have shown positive results in the second quarter of the fiscal year 2024/25. Despite a slight decrease in sales of goods in grocery stores, there was an increase in customer visits. Other highlights include a slight decrease in sales of beverages and preparations for opening an international online liquor store in collaboration with Hagkaup.

CEO Finnur Oddsson noted that despite a decrease in profit compared to the previous year, Haga’s key units, including stores and warehouses, showed improved profitability. Oil sales revenue was stable, with additional services such as Wolt delivery contributing to increased sales. A formal sales process for Haga’s ownership in Olíudreifing has been initiated.

More information about Haga’s financial performance will be presented at a digital presentation on October 18, 2024, where CEO Finnur Oddsson and CFO Guðrún Eva Gunnarsdóttir will address stakeholders’ questions. The company expects EBITDA to remain steady at 13.8-14.3 m.kr. for the year. For further details, contact Haga’s management team.



Read more at GlobeNewswire:: Uppgjör Haga á 2. ársfjórðungi 2024/25