Brim stock reports stronger profit after a new bond sale
Published on 09/24/2026 at 22:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Brim stock stood at ISK 89 on Nasdaq Iceland on September 24, 2026, unchanged on the session and 7.29 percent below its 52-week high of ISK 96. The seafood company delivered Q2 2026 revenue of EUR 119.3 million, compared with EUR 82.4 million in Q2 2025, according to Nasdaq Iceland.
Q2 profit rises sharply
Net profit reached EUR 18.7 million in Q2 2026, up from EUR 3.2 million in the same quarter of 2025. The comparison shows that earnings growth outpaced sales growth during the period.
EBITDA increased to EUR 25.5 million from EUR 12.1 million, while the EBITDA margin expanded to 21.4 percent from 14.6 percent. Quartr also reports H1 2026 revenue of EUR 241 million, compared with EUR 184 million in H1 2025.
Bond demand exceeds allocation
Brim's September 2026 bond offering attracted ISK 12 billion in demand, while the company sold ISK 9 billion at par, according to Nasdaq Iceland. The issue carries a floating rate linked to three-month REIBOR plus a 1.30 percentage-point spread and matures on September 22, 2029.
The financing activity adds a balance-sheet angle to the earnings picture. Brim's Q2 2026 total assets stood at EUR 956 million, while cash and cash equivalents were EUR 49.6 million at June 30, 2026, according to the Q2 earnings summary.
Brim stock stays below yearly high
With a market capitalization of ISK 171,364,755,321 on September 24, 2026, Brim stock remained below its 52-week high while holding above the 52-week low of ISK 60.50. The unchanged daily move places the market emphasis on the company's earnings improvement and financing execution rather than a fresh price swing.
Brim stock was priced at ISK 89 on Nasdaq Iceland on September 24, 2026. The reference price is 7.29 percent below the ISK 96 52-week high.
Brim stock facts
- Company: Brim hf.
- Ticker: BRIM.IC
- Trading venue: Nasdaq Iceland
- Price (September 24, 2026): ISK 89
- Market capitalization: ISK 171,364,755,321 as of September 24, 2026
- 52-week range: ISK 60.50-96 as of September 24, 2026
- Sector / Industry: Consumer Staples / Seafood and fisheries
