Royal Greenland A/S

Location

Grønland

Founded

1989-11-01

Risk Signals

270 news mentions monitored

Industry Context

This company is tracked across risk categories, including those related to its sector (e.g., Miscellaneous Marine Products, Prepared Fresh or Frozen Fish and Seafoods), including supply chain integrity, ESG practices, labor disputes, and regulatory compliance.

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Recent Articles about Royal Greenland A/S

Live alerts from global media, monitored by Business Radar

Royal Greenland in headwinds: Loss of DKK 59 million in the first half of the year

2024-09-12 (fiskeritidende.dk)

Royal Greenland in headwinds: Loss of DKK 59 million in the first half of the year

Royal Greenland has been under financial pressure for a long time with deficits and the need for savings.

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Seafood giant in turnaround: Expecting plus 100 million this year

2024-09-11 (food-supply.dk)

Seafood giant in turnaround: Expecting plus 100 million this year

The first half of 2024 showed an improvement in revenue and results of the autonomously owned shrimp giant Royal Greenland.

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Royal Greenland halves loss in 'unsatisfactory' first half

2024-09-11 (intrafish.com)

Royal Greenland halves loss in 'unsatisfactory' first half

The world's largest coldwater shrimp and Greenland halibut supplier expects plans already in place to have "a positive impact" in the second half of the year.

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Results at the end of the year: Royal Greenland is profitable

2024-09-06 (sermitsiaq.ag)

Results at the end of the year: Royal Greenland is profitable

Royal Greenland's results at the end of the year were negative, which management considered “unsatisfactory”.

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This is what the new Royal Greenland board looks like

2024-05-17 (sermitsiaq.ag)

This is what the new Royal Greenland board looks like

Two board members were replaced at today's general meeting in the autonomously owned company Royal Greenland, which is struggling to secure a profit in the current year compared to 2023, where the deficit after tax ended up at DKK 211 million.

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Polar Seafood delivers a double-digit million profit

2024-05-08 (sermitsiaq.ag)

Polar Seafood delivers a double-digit million profit

In contrast to Royal Greenland, which in 2023 had a thunderous deficit of 211 million kroner, the largest privately owned fishing company, Polar Seafood Greenland, has managed to deliver a profit that in 2023 ran up to 77 million kroner.

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Royal Greenland lifts profit in 2018, but sales falter

2019-04-16 (intrafish.com)

Royal Greenland lifts profit in 2018, but sales falter

Company’s year was hit by low EU sales, poor cod and pelagic fishing, and negative exchange rates.

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Quin-Sea acquisition bolsters Royal Greenland results

2017-04-21 (intrafish.com)

Quin-Sea acquisition bolsters Royal Greenland results

Company’s revenue is now back to the levels preceding the sale of the Wilhelmshaven business.

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Positive developments for Royal Greenland

2011-01-12 (fiskerforum.com)

Positive developments for Royal Greenland

A strong improvement in performance with 159 million DKK in operating profit and 195 million DKK before tax achieved in the year 2009/10.

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The Depopulation of Greenland

2010-05-11 (cbsnews.com)

The Depopulation of Greenland

Jonathan V. Last is a senior writer at The Weekly Standard.

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