UK Markets open in 4 hrs 32 mins

Festi hf. (0QIS.L)

LSE - LSE Delayed price. Currency in ISK
Add to watchlist
132.00-1.75 (-1.31%)
At close: 02:31PM BST

Festi hf.

Dalvegur 10-14
3rd Floor
Kópavogur 201
Iceland
354 440 1000
https://festi.is

Sector(s)
Industry
Full-time employees1,237

Key executives

NameTitlePayExercisedYear born
Mr. Eggert Por KristóferssonChief Exec. Officer67.72MN/A1970
Mr. Magnús Kr. IngasonChief Financial OfficerN/AN/A1970
Mr. Kolbeinn FinnssonChief Operating OfficerN/AN/A1964
Ms. Ingunn Elín SveinsdóttirHead of Customer ServicesN/AN/A1958
Mr. Hinrik Örn BjarnasonManaging Director of N1N/AN/A1972
Ms. Asta Sigridur FjeldstedManaging Director of KronanN/AN/A1982
Mr. Ottar Orn SigurbergssonManaging Director of ELKON/AN/AN/A
Amounts are as of 31 December 2020, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in ISK.

Description

Festi hf., together with its subsidiaries, engages in the retail sale of fuel in Iceland. It operates through N1, Krónan, and ELKO segments. The company operates 86 fuel service stations, 13 electricity service stations, and one methane service station for vehicles; 27 service stations that offer refreshments and healthy snacks under the Nesti og Ísey brand; 11 lubrication and tyre service stations; and 6 corporate stores and 42 maritime fuel pumps. It also operates 26 convenience stores under the Krónan, Kr, and Kjarval brand name, as well as Krónan online store; 6 electronic stores under the Elko brand name, as well as an online store; and 2 warehouses that provides product storage, packing, labelling, and distribution services under the Bakkinn brand. It also leases non-residential real estate properties. The company was formerly known as N1 hf. and changed its name to Festi hf. in September 2018. Festi hf. is headquartered in Kopavogur, Iceland.

Corporate governance

Festi hf.’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.