Close to the fish – close to the consumer Mikael Thinghuus CEO Royal Greenland’s employees and our many sales and production companies are spread over much of the planet. However, in purely geographical terms, there is one thing we all have in com mon, namely that we are all located in the north ern hemisphere. This means that when you receive this issue of Navigatio, you can look out of your window and see that it is early summer. That’s how it is for Royal Greenland too. Our situation is analogous with early summer. The interim financial accounts we published at the beginning of May showed solid progress in all the important key figures: Growth in revenue, a significant improvement in profit and the de sired reduction in our debt. Can we do better? Must we do better? Most definitely, yes. Nevertheless, the interim result is one we can be proud of. A result which indi cates that Royal Greenland has emerged from a long winter and that, ever so slowly, summer is coming into view. When we set out our plans and projects in Naleraq 2013, we had three overarching priorities: 3. Royal Greenland should expand in strategic ally selected areas. As I see it, we are roughly halfway into the sec ond stage. On the whole, the projects in Naleraq 2013 are delivering the expected results. This means that, in the foreseeable future, we will have brought the company to a position where Royal Greenland is so strong that, even in bad years – which are unavoidable – we will be able to avoid a loss. Once we reach that point, Royal Greenland will, in all honesty, be a healthy company that both our employees and our owners can be happy with, proud of and feel secure in. 1. Royal Greenland should survive 2. Royal Greenland should become a healthy company Royal Greenland A/S · Postboks 1073 · 3900 Nuuk · Tlf. +299 36 13 00 · Fax: +299 32 33 489 · royalgreenland@royalgreenland.com · www. royalgreenland.com layout: Info Design aps Navigatio is publishEd by royal grEENlaNd a/s Editor: The magazine is free and can be ordered from royalgreenland@royalgreenland.com Káte Hansen, kaha@royalgreenland.com priNtiNg: Specialtrykkeriet Viborg as
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