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Iceland Seafood's Financial Resilience
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Iceland Seafood International hf saw a positive Christmas season post a challenging 2023, with Q4 sales up by 11%. Full-year sales stood at €429.9m, but the sale of ISUK led to a €20.3m loss. The company executed a share capital increase by issuing 200m new shares, aiming to enhance operations and capital structure amidst market uncertainties.
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How could market uncertainties impact Iceland Seafood's future operations and financial performance?
How did Iceland Seafood manage to boost Q4 sales despite challenges earlier in the year?
What strategies might the company implement to recover from the full-year loss caused by the ISUK sale?
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