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Festi hf.: Financial results for Q3 2024

Main resultsLyfja' s operations became a part of the Festi group from July 1 st, 2024.Sale of goods amounted to ISK 44,257 million, increased by ISK 6,923 million or 18.5% between years, or 6.4% excluding the effects of Lyfja.Gross profit from sales of goods and services amounted to ISK 10,829 million, an increase of ISK 2,255 million or 26.3% between years or 9.6% excluding the effects of Lyfja.Margin from sale of goods and services were 24.5% and increased by 1.5 p.p. from Q3...
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Ásta S. Fjeldsted, CEO:

The main projects in the quarter and ahead:


The company is growing bigger and stronger. The focus will continue to be on improving revenue growth, restraining costs and sharpening efficiency to increase profit margins and reduce unit costs in the Group.

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