and consistency – and of course in persuading consumers that frozen lumpfish roe is almost exactly the same as fresh lumpfish roe. That is 99 per cent of the work. Technically, we have implemented the idea in practice. What we don’t yet know is whether our customers and consumers will embrace the idea. And again: The idea as such is not a new one, and there have been attempts in the past which were not successful, but we refuse to accept that just because it proved impossible to do it 10, 20 or 30 years ago, then we might as well not even give it a try today. I am both extremely happy and proud to be working in a company like Royal Greenland whose employees have the expertise, discipline and determination to pursue new avenues in order to match the right fish with the right consumers. It is a pleasure each day for me to be part of this. When this issue of Navigatio is published, you will have seen our interim report. It shows that Royal Greenland has posted solid results, largely due to the fact that we were able to obtain higher prices from our core activities. Even though tonnage only grew by 3 per cent, revenue was up 10 per cent on the prior-year period. The good results were primarily generated in the first few months of the year. In fact, recent months have been strongly impacted by the ice situation on the west coast of Greenland. However, we are convinced that, once the ice disappears, we will be able to make up for lost time and, hence, also this year, live up to our budget and the outlook for the financial year as a whole. Have a good summer! Mikael Thinghuus CEO Royal Greenland A/S · Postbox 1073 · 3900 Nuuk, Greenland · Tel.: +299 36 13 00 · Fax: +299 32 33 49 royalgreenland@royalgreenland.com · www.royalgreenland.gl · www.royalgreenland.com NAVIGATIO IS PUBLISHED BY ROYAL GREENLAND A/S The magazine is free and can be ordered from royalgreenland@royalgreenland.com EDITOR: Káte Hansen, kaha@royalgreenland.com LAYOUT: Info Design aps PRINTING: Specialtrykkeriet Viborg as NAVIGATIO NO. 2 • 2015 3
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