Iceland Foods Revenue

Iceland Foods revenue was £3.08 b in FY, 2019

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Summary - Funding Rounds

Founding Date

1970

Iceland Foods Revenue Breakdown

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Iceland Foods revenue breakdown by geographic segment: 97.6% from UK and 2.4% from Other

Iceland Foods Income Statement

Annual

GBPFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

2.7b2.8b3.0b3.1b

Revenue growth, %

4%8%

Cost of goods sold

2.5b2.6b2.8b2.9b

Gross profit

210.6m208.8m214.3m175.0m

Gross profit Margin, %

8%7%7%6%

General and administrative expense

165.8m191.3m

Operating expense total

165.8m191.3m

EBIT

43.0m23.0m

EBIT margin, %

2%1%

Interest expense

51.9m58.1m

Interest income

5.1m900.0k

Pre tax profit

(22.5m)(3.8m)(34.2m)(53.8m)

Income tax expense

12.4m16.3m10.6m(6.7m)

Net Income

(34.9m)(20.1m)(44.8m)(60.5m)

Iceland Foods Balance Sheet

Annual

GBPFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

127.5m152.1m163.6m164.9m193.2m140.7m111.1m

Accounts Receivable

17.0m21.9m22.5m48.6m23.4m23.9m50.3m

Prepaid Expenses

21.8m19.6m

Inventories

87.3m103.2m102.2m102.9m110.6m124.5m151.3m

Current Assets

300.1m354.5m361.8m355.5m387.8m360.9m354.3m

PP&E

165.8m174.3m164.6m178.5m193.7m230.7m273.6m

Goodwill

1.0b1.1b

Total Assets

1.9b1.9b1.8b1.7b1.7b1.7b1.6b

Accounts Payable

316.2m344.7m386.4m372.0m424.1m485.5m516.4m

Short-term debt

8.0m9.9m

Current Liabilities

420.8m460.8m495.3m489.0m533.6m604.3m640.5m

Long-term debt

12.5m28.5m

Non-Current Liabilities

1.0b975.9m930.0m916.1m872.1m813.8m807.0m

Total Debt

20.5m38.4m

Total Liabilities

1.5b1.4b1.4b1.4b1.4b1.4b1.4b

Common Stock

273.0m273.0m273.0m273.0m273.0m259.3m247.2m

Retained Earnings

29.5m33.2m(32.6m)(67.5m)(87.6m)(165.7m)(236.2m)

Total Equity

434.7m438.4m372.6m337.7m317.6m239.5m169.0m

Financial Leverage

4.3 x4.3 x4.8 x5.2 x5.4 x6.9 x9.6 x

Iceland Foods Cash Flow

Annual

GBPFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

29.5m3.7m(54.1m)(34.9m)(20.1m)(44.8m)(60.5m)

Depreciation and Amortization

116.9m120.4m

Accounts Receivable

2.6m(11.3m)

Inventories

(7.7m)(13.9m)

Accounts Payable

41.5m68.2m

Cash From Operating Activities

277.1m196.1m189.3m148.8m169.1m175.3m140.7m

Purchases of PP&E

(57.8m)(85.1m)

Cash From Investing Activities

(65.2m)(81.3m)

Short-term Borrowings

(3.6m)(6.6m)

Long-term Borrowings

(15.1m)

Cash From Financing Activities

1.3b(61.6m)(129.8m)(15.4m)(75.6m)(146.5m)(14.9m)

Net Change in Cash

127.5m24.6m11.5m1.3m28.3m(52.5m)(29.6m)

Iceland Foods Operating Metrics

FY, 2017Apr, 2018

Countries

40

Deliveries per Week

150 k

Stores

902 932

Stores (UK)

880 900

Iceland Foods Employee Rating

3.1740 votes
Culture & Values
3.1
Work/Life Balance
2.5
Senior Management
2.7
Salary & Benefits
2.8
Career Opportunities
2.9
Source