High North News

Fishery company Royal Greenland with positive result in 2025

Hilde-Gunn Bye
fish export fisheries royal greenland

The fishery company Royal Greenland delivers a positive result in 2025 after two challenging years, the company states in a press release.

Revenue amounted to DKK 5,677 million compared with DKK 5,622 million the previous year. Operating profit (EBIT) was DKK 299 million, up from DKK 161 million in 2024. The result after special items shows a modest profit of DKK 6 million.

The result marks an important step in the recovery of the company’s financial performance and has been achieved despite lower catch volumes, states Royal Greenland.

“Even though we have had fewer raw materials to work with, we have managed to maintain our revenue. This is due to rising market prices, but to an even greater extent to a focused effort across the organisation, with tight cost control and efficiency improvements, allowing us to create more value from the raw materials,” says CEO Toke Binzer.

Royal Greenland A/S is an independent limited liability company, with 100 % of the shares owned by the Greenlandic Government.

Related content

  • Andøya Space does not affect fisheries

    Birgitte Annie Hansen

    A research project has investigated whether noise from Andøya Space's rocket launches reaches the fishing grounds off Andøya in Northern Norway.

    This was reported by the Norwegian Seafood Research Fund (FHF) in a press release.

    "It was barely possible to distinguish sounds that could be linked to the test launch. The sound level corresponds to what we consider to be normal background noise in the ocean," says Tonje Nesse Forland, researcher at the Norwegian Institute of Marine Research.

    New research from the Institute of Marine Research, funded by FHF, shows that sound from rocket launches at Andøya Spaceport does not propagate far enough into the ocean to affect fish behavior in the important fishing areas off Andøya.

    Fishermen have long been concerned about the potential impact of increased space activity on fish, and this research will provide important clarification for them, reads the press release.

Powered by Labrador CMS