Description: Festi hf., together with its subsidiaries, engages in the sale of fuel, goods, groceries, electronic equipment, and services to businesses in Iceland. It operates through N1, Krónan, and ELKO segments. The company engages in the product storage, packaging, labelling, and distribution of products; selling household appliances and electronic equipment; leasing of non-residential real estate to retail companies; production of convenience goods; and import and wholesale of alcohol; wholesale and retail of fuel. It also operates stores and online shops; service stations, including tire and lubrication service stations; and convenience stores under the Kronan, Kr. brand name. In addition, the company purchases electricity on the wholesale market and sells it on the retail market to individuals and companies.The company was formerly known as N1 hf. and changed its name to Festi hf. in September 2018. Festi hf. was incorporated in 2006 and is headquartered in Kopavogur, Iceland.
Home Page: festi.is
Dalvegur 10-14
Kópavogur,
201
Iceland
Phone:
354 440 1000
Officers
| Name | Title |
|---|---|
| Ms. Asta Sigridur Fjeldsted | Chief Exec. Officer |
| Mr. Magnús Kr. Ingason | Chief Financial Officer |
| Mr. Kolbeinn Finnsson | Chief Operating Officer |
| Ms. Ingunn Elín Sveinsdóttir | Head of Customer Services |
| Mr. Hinrik Örn Bjarnason | Managing Director of N1 |
| Mr. Ottar Orn Sigurbergsson | Managing Director of ELKO |
| Ms. Gudrun Adalsteinsdottir | Managing Director of Krónan |
Exchange: IC
Country: IS : Iceland
Currency: Icelandik Krona (kr)
| GIC Sector: | Consumer Discretionary |
|---|---|
| GIC Group: | Consumer Discretionary Distribution & Retail |
| GIC Industry: | Specialty Retail |
| GIC Sub-Industry: | Other Specialty Retail |
| Forward PE: | 0 |
|---|---|
| Trailing PE: | 19.2678 |
| Price-to-Book MRQ: | 1.8757 |
| Price-to-Sales TTM: | 0.4957 |
| IPO Date: | |
| Fiscal Year End: | December |
| Full Time Employees: | 1412 |