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Iceland Seafood takes €18m 2022 loss on up-for-sale UK assets

Iceland Seafood lost €18.2m on its up-for-sale UK processing business in 2022 but aims to reach a positive cashflow from April, the company revealed on Feb. 22

By Tom Seaman | Feb. 22, 2023 16:20 GMT
The Iceland Seafood International plant in Grimsby, UK. Credit: PPH Commercial
The former ISI plant -- now Espersen's -- in Grimsby, UK. Credit: PPH Commercial
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Iceland Seafood International (ISI) lost €18.2 million ($19.3m) on its up-for-sale UK processing business in 2022 but aims to reach a positive cashflow from April, the company revealed in its fourth quarter and annual results on Feb. 22. [...]

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