FESTI N1 Hf

Festi hf.: Changes in management at ELKO

Festi hf.: Changes in management at ELKO

ELKO Managing Director, Gestur Hjaltason has resigned from his position as of December 31 2021, after successfully leading the company from 2002. ELKO’s board has appointed Deputy Managing Director, Óttar Örn Sigurbergsson, as the new Managing Director of ELKO as of January 1, 2022. Mr Sigurbergsson has worked for the company since 2004 and Mr Hjaltason will be of assistance until the middle of next year.  

  

Eggert Þór Kristófersson, CEO of Festi:  

“I want to thank Mr Hjaltason for great collaboration in the past years. It is safe to say that Mr Hjaltason has had a great and positive impact on ELKO’s operations and success throughout the years as he has diligently managed the company for nearly 20 years. On behalf of ELKO’s board and Festi, I wish Mr Hjaltason the best of luck at this juncture. We are fortunate that Mr Sigurbergsson will take the lead as he is very familiar with ELKO’s operations, having worked for the company for 17 years.”  

  

Gestur Hjaltason, Managing Director of ELKO:  

“At this point, I wish to thank the good and fantastic people I have worked with and had business with during my time at ELKO. It has been a privilege to be a part of the team unity that ELKO possesses, and I am proud of the success we have achieved together. I leave the company in good hands with Mr Sigurbergsson, who receives a worthy assignment in making the most of the many opportunities that lie ahead in the fast-growing electronics and retail markets.”   

  

For further information, contact Eggert Þór Kristófersson, CEO of Festi (). 



EN
27/10/2021

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on N1 Hf

 PRESS RELEASE

Festi hf.: Presentation of Q3 2025 results

Festi hf.: Presentation of Q3 2025 results Festi hf. published its Q3 2025 results after market closing on 30 October 2025. Please find attached the Q3 2025 investor presentation for investor meeting held today, Friday 31 October 2025 at 8:30. Attachment

 PRESS RELEASE

Festi hf.: Fjárfestakynning 3. ársfjórðungs 2025

Festi hf.: Fjárfestakynning 3. ársfjórðungs 2025 Festi hf. birti uppgjör fyrir þriðja ársfjórðung 2025 eftir lokun markaða þann 30. október 2025. Meðfylgjandi má finna fjárfestakynningu 3F 2025 sem farið verður yfir á afkomufundi með markaðsaðilum í dag, föstudaginn 31. október 2025, kl. 8:30. Viðhengi

 PRESS RELEASE

Festi hf.: Financial results for Q3 2025

Festi hf.: Financial results for Q3 2025 Main results in Q3 2025 Sales of goods and services amounted to ISK 47,093 million, an increase of 6.4% between years but 9.1% without effects of changes in USD and fuel global market price.Margin from sales of goods and services amounted to ISK 12,057 million, an increase of 11.3% from the previous year.Profit margin was 25.6%, up by 1.1 p.p. from Q3 2024.  Profit margin would be 25.0% without effects of changes in USD and fuel global market price, an increase of 0.5 p.p. from same quarter last year.EBITDA amounted to ISK 5,319 million, increasing ...

 PRESS RELEASE

Festi hf.: Afkoma á 3. ársfjórðungi 2025

Festi hf.: Afkoma á 3. ársfjórðungi 2025 Helstu niðurstöður 3. ársfjórðungs 2025 Vörusala nam 47.093 millj. kr. sem er aukning um 6,4% milli ára en 9,1% án áhrifa breytinga á gengi bandaríkjadals og heimsmarkaðsverðs eldsneytis milli ára.Framlegð af vöru- og þjónustusölu nam 12.057 millj. kr. sem er aukning um 11,3% á milli ára.Framlegðarstig nam 25,6% og hækkar um 1,1 p.p. frá 3F 2024.  Framlegðarstig væri 25,0% án áhrifa hreytinga á gengi bandaríkjadals og heimsmarkaðsverðs eldsneytis, sem er hækkun um 0,5 p.p. milli ára.EBITDA nam 5.319 millj. kr. og hækkar um 12,2% milli ára.Hagnaður f...

 PRESS RELEASE

Festi hf.: Publication of Q3 2025 results on 30 October 2025 and inves...

Festi hf.: Publication of Q3 2025 results on 30 October 2025 and investor meeting on 31 October Festi will publish the Q3 2025 results on Thursday 30 October after closing of markets. Investor meeting on 31 October at 8:30 GMT. An investor meeting will be held on Friday 31 October 2025, at 8:30 am GMT, at the Company’s headquarters at Dalvegur 10 – 14, Kópavogur. Ásta S. Fjeldsted, CEO of Festi, and Magnús Kr. Ingason, CFO of Festi, will present the results and answer questions. The meeting will be streamed live on the Company’s website where registration for the webcast will also take p...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch