Company Festi hf.

Equities

FESTI

IS0000020584

Oil & Gas Refining and Marketing

Delayed Nasdaq Iceland 09:59:08 2024-04-16 am EDT 5-day change 1st Jan Change
191 ISK -0.52% Intraday chart for Festi hf. +0.79% -6.83%

Business Summary

Festi hf, formerly N1 hf, is an Iceland-based retail and service company. It provides fuel, supplies, refreshments and recreational products through its distribution system. It offers targeted product range and business, aviation and marine services. It operates a chain of stores, and service and vehicle maintenance stations. It is divided in two segments: Fuel and Other goods. It sells jet and aviation fuel at the Keflavik and Reykjavik airports, as well as provides aviation operating goods, such as lubricants for propellers and hydraulic system oils. Additionally, it operates marine service stations and provides fuel, lubrication and operational products to vessels located in the north Atlantic. It also supplies contractors, food companies and farmers with a range of goods, such as hand tools, work clothing, chemicals, cleaning products, spare parts and tires. Its network comprises over 100 outlets: service areas, shops, and petrol and vehicle maintenance stations.

Number of employees: 1,352

Sales per Business

ISK in Million2022Weight2023Weight Delta
Kronan
45.6 %
51,332 41.5 % 63,158 45.6 % +23.04%
N1
40.4 %
54,259 43.8 % 55,923 40.4 % +3.07%
ELKO
13.2 %
16,950 13.7 % 18,238 13.2 % +7.60%
Other Companies
0.8 %
1,244 1.0 % 1,120 0.8 % -9.96%

Sales per region

ISK in Million2022Weight2023Weight Delta
Iceland
100.0 %
123,785 100.0 % 138,440 100.0 % +11.84%

Managers

Managers TitleAgeSince
Chief Executive Officer - 22-09-06
Director of Finance/CFO - -
Corporate Officer/Principal - -
Corporate Officer/Principal - 23-08-31
Corporate Officer/Principal - 23-05-31

Members of the board

Members of the board TitleAgeSince
Chairman 61 18-09-30
Director/Board Member 61 22-07-13
Director/Board Member 69 18-09-30
Director/Board Member 71 10-12-31
Director/Board Member 70 10-12-31
Director/Board Member - 20-03-22
Director/Board Member 48 20-03-22
Director/Board Member - 20-03-21
Director/Board Member 46 22-07-13
Director/Board Member - 22-07-13

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 301,500,000 242,733,000 ( 80.51 %) 4,000,000 ( 1.327 %) 80.51 %

Shareholders

NameEquities%Valuation
Lífeyrissjóður Starfsmanna Ríkisins
13.44 %
40,512,063 13.44 % 55 M kr
Lífeyrissjóður verslunarmanna
11.09 %
33,450,000 11.09 % 45 M kr
Gildi - Lífeyrissjóður
9.700 %
29,244,704 9.700 % 40 M kr
Brú Lífeyrissjóður Starfsmanna Sveitarfélaga
8.735 %
26,334,974 8.735 % 36 M kr
Birta Pension Fund
5.438 %
16,396,093 5.438 % 22 M kr
Stefnir hf
5.130 %
15,465,510 5.130 % 21 M kr
Almenni Lífeyrissjóðurinn
4.777 %
14,403,962 4.777 % 20 M kr
Stapi Lífeyrissjóður
4.689 %
14,136,127 4.689 % 19 M kr
Frjálsi lífeyrissjóðurinn
3.243 %
9,778,091 3.243 % 13 M kr
Söfnunarsjóður Lífeyrisréttinda
3.072 %
9,262,579 3.072 % 13 M kr

Holdings

NameEquities%Valuation
3,500,000 1.16% 4,749,465 $

Company contact information

Festi hf

Dalvegur 10-14

201, Kópavogur

+354 440 1200

http://www.festi.is
address Festi hf.(FESTI)

Group companies

NameCategory and Sector
Internet Software/Services
Krónan Ehf.