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ICELAND

www.iceland.co.uk

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Featured
Jul 17, 2025
10:30 AM – 11:30 AM10:30 – 11:3010:30 AM – 11:30 AM
Iceland - FY25 Results
Jul 17, 2025
10:30 AM – 11:30 AM10:30 – 11:3010:30 AM – 11:30 AM
Jul 17, 2025
10:30 AM – 11:30 AM10:30 – 11:3010:30 AM – 11:30 AM

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SARRIA News - iceland
Iceland - comment
Feb 12, 2025
Tomás Mannion
Iceland - comment
Feb 12, 2025
Tomás Mannion

Iceland have just released their Q3 numbers, with a conference call to follow at 2 pm.  Iceland continues to grow volume, up 8%, giving up a little gross

Feb 12, 2025
Tomás Mannion
Iceland - comment
Nov 12, 2024
Tomás Mannion
Iceland - comment
Nov 12, 2024
Tomás Mannion

Iceland released its Q2 results, which were slightly below expectations, driven by slightly lower prices, increased marketing and timing of

Nov 12, 2024
Tomás Mannion
Aug 2, 2024
Tomás Mannion
Iceland - comment
Aug 2, 2024
Tomás Mannion

The Moody’s upgrade is good news for investors, though it is likely already priced into bonds following last month'

Aug 2, 2024
Tomás Mannion
Iceland - comment
Jul 25, 2024
Tomás Mannion
Iceland - comment
Jul 25, 2024
Tomás Mannion

Iceland released their FY23/24 (to March 24) audited numbers this morning, with EBITDA at £171m in line with guidance given at the time of the

Jul 25, 2024
Tomás Mannion
Jul 5, 2024
Tomás Mannion
Iceland - comment
Jul 5, 2024
Tomás Mannion

The Grocer magazine reports that Iceland is seeking to increase the number of Food Warehouse stores, and has appointed Mason Partners LLP to

Jul 5, 2024
Tomás Mannion
Jun 14, 2024
Tomás Mannion
UK Retail - comment
Jun 14, 2024
Tomás Mannion

Tesco continue their market share gain, adding a further 52bps of market share as Tesco continue to see customers switch from M&S and Waitrose.  More importantly,

Jun 14, 2024
Tomás Mannion
Iceland - Boring as usual.
Mar 15, 2024
Tomás Mannion
Iceland - Boring as usual.
Mar 15, 2024
Tomás Mannion

Please find our updated analysis of Iceland post its Q3 numbers here.

This update is a little delayed as we awaited some confirmation on differences between FRS102 and the now new accounting standard IFRS. The answer is

Mar 15, 2024
Tomás Mannion
Iceland - comment
Feb 15, 2024
Tomás Mannion
Iceland - comment
Feb 15, 2024
Tomás Mannion

Iceland’s numbers are out this morning and strong as expected.  Sales £20m lower than our model, but Gross Profit and Operating cashflow in line. Gross Profit margin is

Feb 15, 2024
Tomás Mannion
Jan 30, 2024
Tomás Mannion
Iceland - comment
Jan 30, 2024
Tomás Mannion

We haven’t paid too much attention to Kantar’s market share statistics as Iceland historically moves in a tight range from 2.2% to 2.4% market share.  This month,

Jan 30, 2024
Tomás Mannion
Iceland - Where to next?
Jan 19, 2024
Tomás Mannion
Iceland - Where to next?
Jan 19, 2024
Tomás Mannion

Please find our unchanged analysis of Iceland here. 

Iceland has been requested by several clients but we don’t see a change in strategy or trajectory for the Company in the coming

Jan 19, 2024
Tomás Mannion
Nov 17, 2023
Tomás Mannion
UK Consumer - comment
Nov 17, 2023
Tomás Mannion

Today’s UK’ economic headlines are dominated by the drop in Retail sales, the lowest since February 2021, impacted by lower fuel consumption and

Nov 17, 2023
Tomás Mannion
Nov 15, 2023
Wolfgang Felix
UK Retail - comment
Nov 15, 2023
Wolfgang Felix

October inflation has come down to 4.6% spilling water on Sunak’s mills. The move is not entirely unexpected, but nonetheless positive for

Nov 15, 2023
Wolfgang Felix
Oct 19, 2023
Aengus McMahon
Food Prices - comment
Oct 19, 2023
Aengus McMahon

The feed price ratchet has been crucial to Boparan's efforts in rebuilding margins. However, the entire food production sector is fighting to recover other

Oct 19, 2023
Aengus McMahon
Sep 11, 2023
Aengus McMahon
Morrisons | Supermarkets - comment
Sep 11, 2023
Aengus McMahon

The transaction would reduce leverage at Morrison if approved. This  £2.5bn (EV basis) fuel forecourt deal is the opposite of the EG/ASDA deal. CD&R-owned Motor

Sep 11, 2023
Aengus McMahon
Sep 8, 2023
Tomás Mannion
Iceland - comment
Sep 8, 2023
Tomás Mannion

Aldi has increased its long-term target to 1,500 stores, up from an earlier goal of opening 1,200 by 2025.  This is on the back of a surge in demand in

Sep 8, 2023
Tomás Mannion
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