Royal Greenland delivers a positive result in 2025 after two challenging years. The result marks an important step in the recovery of the company’s financial performance and has been achieved despite lower catch volumes. 

“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. 

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. 

Strengthened financial headroom 

The improved earnings have strengthened Royal Greenland’s financial position and reduced financial gearing from 7.7 to 4.8. The significant improvement in operating performance has also contributed to stronger cash flow. 

This provides a stronger basis for financing future investments in the business without increasing the debt burden. 

“We have strengthened our earnings and our financial position, giving us a much better starting point for investing in our production and land-based facilities in Greenland in the coming years,” says Toke Binzer. 

Concrete efficiency improvements across the business 

In 2025, Royal Greenland implemented a number of initiatives that strengthened operations and reduced costs. Across 2024 and 2025, total savings of more than DKK 150 million have been realised. 

• Reduction of administrative functions outside Greenland and tighter working capital management 
• More efficient operations through improved planning and utilisation of capacity across factories and functions 
• Increased digitalisation and a simpler organisational structure, strengthening decision-making and collaboration across countries 

Overall, the initiatives have delivered significant savings and more efficient operations, strengthening Royal Greenland’s resilience and competitiveness in a global industry affected by many external factors. 

Streamlining activities outside the core business 

In 2025, Royal Greenland addressed a number of activities that had negatively impacted results for several years. This includes operations in Chile and Norway, as well as a long-standing tax case in Germany. 

The streamlining of these activities has had a clear effect on the overall result for the year and also provides a clearer and more robust foundation for future development. 

“The decisions we have taken are fundamentally about strengthening our focus on the core business in the North Atlantic. At the same time, in 2025 we have brought the Executive Management together in Nuuk, closer to both fisheries and production. This provides a stronger basis for decision-making and a clearer anchoring in what creates value for Royal Greenland,” says Toke Binzer. 

Outlook for 2026 

The new year has started positively, supported by continued high sales prices. Overall, the Group expects to continue the positive development, with a focus on efficient operations and a strengthened core business.