Hagar hf reported earnings results for the first quarter ended May 31, 2023. For the first quarter, the company reported sales was ISK 41,490 million compared to ISK 38,213 million a year ago. Net income was ISK 653 million compared to ISK 926 million a year ago.

Basic earnings per share from continuing operations was ISK 0.59 compared to ISK 0.82 a year ago. Diluted earnings per share from continuing operations was ISK 0.58 compared to ISK 0.81 a year ago.