Yesterday, Royal Greenland brought together owners, employees and stakeholders for its Annual General Meeting at the company’s headquarters in Nuuk. Here, the 2025 Annual Report was approved, and the company’s positive development was highlighted.

“Naalakkersuisut is pleased that the company is moving in the right direction. The hard work of recent years to restore and strengthen the business is beginning to deliver results, demonstrating an organisation capable of coming together and delivering. That is positive. At the same time, Naalakkersuisut is clear that we have not yet reached our goal, and that the positive momentum must be maintained and strengthened in the years ahead,” said the Chairman of Naalakkersuisut, Jens-Frederik Nielsen.

The Chairman’s report was presented by Vice Chairman Preben Sunke on behalf of Chairman Niels Thomsen, who was unfortunately unable to attend due to a bereavement in his immediate family.

“Operating profit amounted to DKK 299 million, which is a significant improvement compared to the previous year. At the same time, we achieved an EBIT margin of 6.2%, already exceeding our strategic target for 2027. This shows that the direction we set after several very challenging years is beginning to take effect,” he said, emphasising that Royal Greenland is still in the midst of a development phase where focus, discipline and consistency are crucial.

New faces on the Board of Directors

The Annual General Meeting also resulted in changes to the composition of the Board. Karsten Høy and Arnanguaq Holm Olsen stepped down, while Juliane Henningsen Heilmann and Morten Petersen joined as new members.

In addition, Miki Brandt, Niels Ole Møller and Susanne Marie Olsen were elected as employee representatives, while Sara Biilmann Egede and Johan Bertelsen stepped down.

In his speech, Preben Sunke thanked the outgoing members for their contributions and for helping strengthen the foundation of Royal Greenland, and expressed his anticipation of working with the new members of the Board.