Royal Greenland A/S
Location
Grønland
Founded
1989-11-01
Website
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
2024-11-01 (mbl.is)
Royal Greenland copes with operating losses
The Greenlandic state-owned company Royal Greenland reported a loss in the first half of the year amounting to 59 million Danish kroner, equivalent to almost 1.2 billion kroner. This is a slightly better operating result than in the same period last year, when the loss amounted to 113 million Danish kroner.
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2024-09-19 (intrafish.com)
Royal Greenland trims losses, expects positive impact from cost-cutting measures
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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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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2024-09-11 (seafoodnews.com)
Royal Greenland Say Half-Year Results Shows ‘Signs of Stabilization’ Amid Turnaround Plans
Royal Greenland Say Half-Year Results Shows ‘Signs of Stabilization’ Amid Turnaround Plans Seafood News
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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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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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2024-09-10 (undercurrentnews.com)
Royal Greenland halves losses in H1 as snow crab sector finally normalizes
The business initiated a cost-cutting plan in the first half of 2024, including significant measures such as staff reductions, centralization of sales support, and it is already seeing some benefit
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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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2024-05-24 (weareaquaculture.com)
Greenland's new fisheries law: "day of mourning", says Polar Seafood
Greenland's new fisheries law: "day of mourning", says Polar Seafood. New quota-cutting legislation could lead to "drastic savings" measures, says Royal Greenland, while Polar Seafood warns of factory closures, job losses, and a freeze on investments.
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2024-05-07 (fodevarewatch.dk)
China is a bright spot for Royal Greenland in a difficult year
Asia has delivered growth for the fishing group, which is struggling in a number of markets and has delivered historically large losses.
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2022-05-02 (intrafish.com)
Royal Greenland reports highest earnings in its 250-year history
The company was lifted significantly by a boom in demand and prices for snow crab.
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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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