Bakkafrost P/F
About
Bakkafrost P/F engages production and sale of a wide range of salmon products. It operates through the following segments: Farming Faroe Islands (FO), Farming Scotland (STC), Value Added Products (VAP), and Fishmeal, Oil and Feed (FOF). The FO segment is involved in the breeding and on-growing of salmon as well as the harvesting, sales, and distribution of salmon. The STC segment represents the operating business of Bakkafrost Scotland Ltd.
The VAP segment is a significant share of the farmed products and the distinction between outputs sold to the industrial market and the value-added products for the end-consumers in the retail market. The FOF segment is comprised of the production, and sale of fishmeal, fish oil, and fish feed. The company was founded by Hans Jacobsen and Roland Jacobsen in 1968 and is headquartered in Glyvrar, Faroe Islands.
Growth
The company operates in a growth stage characterized by steady expansion and maturity. Having successfully navigated the startup phase, the company is now focused on scaling operations, increasing market share, and driving business efficiency. By leveraging its existing customer base and strong brand presence, the company is poised for further growth and market dominance. Strategic planning and innovative solutions continue to drive its success, positioning it as a key player in its industry with ample opportunities for future expansion.
Achievements
The company has achieved several significant milestones in its history, including substantial revenue growth, successful market penetration, and expansion of its customer base. Key achievements include reaching a certain level of annual revenue, acquiring a significant number of new customers, and expanding into new markets or regions. These milestones have solidified the company's position as a leader in its industry, attracting attention from investors and industry peers. Constant innovation and strategic decision-making have been key drivers of the company's success, leading to sustainable growth and market recognition.
Case Studies
The company has been involved in several notable case studies and significant projects that highlight its impact and relevance in the industry. These case studies demonstrate the company's ability to deliver innovative solutions, drive business outcomes, and meet customer needs effectively. By showcasing successful outcomes and tangible results, these projects have helped solidify the company's reputation as a trusted partner and industry leader. Through its involvement in these case studies, the company has proven its capacity for excellence, innovation, and customer satisfaction, setting new benchmarks for success in its field.
Key Events
Key company events include successful product launches that have garnered industry acclaim and customer satisfaction. Strategic partnerships with key stakeholders have expanded the company's reach and market presence, opening up new opportunities for growth and collaboration. Acquisitions of complementary businesses or technologies have strengthened the company's product portfolio and market positioning, driving further innovation and market leadership. Funding rounds from investors have provided the company with the financial resources needed to fuel growth and expansion, while important awards and recognitions have validated the company's achievements and set it apart as a standout performer in its industry.
Socials
Founded
-
Operating Status
Active
Industry
Agriculture
headquarters
Address
Bakkavegur 9 Glyvrar OS 625 Faroe Islands...
Country
Faroe Islands
Employees
1686
Key People
?ystein Bl?ka Sandvik (Independent Director)
Høgni Dahl Jakobsen (Chief Financial Officer)
Kristian Eli Zachariasen (Director-Information Technology)
Products
Fresh Whole Salmon
Fresh Salmon Fillets
Fresh Skin-Packed Salmon Portions
Frozen Whole Salmon
Frozen Salmon Fillets
Frozen Retail-box Salmon Portions
Frozen Retail-bag Salmon Portions
Frozen Retail-box Salmon Tails
Frozen Chain-Packed Salmon Portions
Frozen Foodservice Salmon Portions
Frozen Smoked Salmon - Heimland (Faroe Islands)
Frozen Smoked Salmon - Lochlander (Scotland)
Frozen Smoked Salmon Fillet - Heimland (Faroe Islands)
Frozen Smoked Salmon Fillet - Lochlander (Scotland)
Frozen Salmon Bits & Pieces
Frozen Salmon Off-Cuts (Trimmings)
Frozen Salmon Belly Flaps
Frozen Salmon Heads
Salmon Backbones
Salmon Skin
Revenue
10.72 B
Operating Income
Stock Price
kr639.50
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Bakkafrost P/F
B
-
Website
-
Founded
-
-
Industry
Agriculture
-
Address
Bakkavegur 9 Glyvrar OS 625 Faroe Islands...
-
Country
Faroe Islands
-
Number of employees
1686+
-
Revenue
10.72 B
About Bakkafrost P/F
Bakkafrost P/F engages production and sale of a wide range of salmon products. It operates through the following segments: Farming Faroe Islands (FO), Farming Scotland (STC), Value Added Products (VAP), and Fishmeal, Oil and Feed (FOF). The FO segment is involved in the breeding and on-growing of salmon as well as the harvesting, sales, and distribution of salmon. The STC segment represents the operating business of Bakkafrost Scotland Ltd.
The VAP segment is a significant share of the farmed products and the distinction between outputs sold to the industrial market and the value-added products for the end-consumers in the retail market. The FOF segment is comprised of the production, and sale of fishmeal, fish oil, and fish feed. The company was founded by Hans Jacobsen and Roland Jacobsen in 1968 and is headquartered in Glyvrar, Faroe Islands.
Why Setting Up a Virtual Delivery Center (VDC) Is Critical for Your Company’s Success
Achieving business success in today’s competitive landscape requires specialized expertise, seamless operations, and continuous innovation. Establishing a Virtual Delivery Center (VDC) can transform your company’s growth journey by ensuring efficiency, scalability, and long-term value.
Why Choose a VDC for Your Company?
1. Cost Optimization:
Save up to 70% on operational costs by leveraging remote teams and streamlined processes.
2. Expert Access:
Gain instant access to highly skilled professionals, ensuring faster and smoother project execution.
3. Scalable Teams:
Scale your team as business needs evolve, from initial project setup to long-term support.
4. Accelerated Timelines:
Leverage 24/7 global teams to reduce project delays and speed up implementation.
5. Continuous Support:
Ensure uninterrupted business performance with ongoing maintenance and updates.
Unlock Business Success with a VDC By establishing a VDC, your company can overcome operational challenges, achieve seamless system integration, and maximize ROI. Stay ahead in today’s dynamic market with a future-ready business strategy powered by a Virtual Delivery Center. Learn More About Us
Book A Meeting To Setup Your VDC
