Iceland Foods

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Business overview

Founded in 1970 by Malcolm Walker, executive Chairman, Iceland Foods is a UK based national food retailer. It has an estate of over 920 core Iceland stores mainly in convenient high street locations and 74 larger format Food Warehouse stores mainly in out of town retail parks. Iceland is best known for its frozen food offering (15.9% share of the UK frozen market; second only to Tesco – source: Kantar Worldpanel 12 weeks ending 25 Mar 2018), which accounts for around 40% of its sales, with the remainder split evenly between chilled food and grocery. Iceland targets value seeking families, providing a compelling ‘value for money’ proposition. Free delivery is offered to in-store customers spending in excess of £25. An online service is also available throughout the UK, with free delivery to customers spending at least £35. Delivered sales (both in-store and online purchases) regularly exceed 200,000 deliveries per week. The Food Warehouse concept, launched in 2014, continues to expand successfully and the new refit Iceland store concept has been rolled out in 77 stores as at September 2018.

Iceland bond investor presentation


FY 2019 Q2 Presentation 4.0 MB
FY 2019 Q1 Presentation 2.3 MB
FY 2018 Q4 Presentation 10.9 MB
FY 2018 Q3 Presentation 5.2 MB
FY 2017 Presentation 2.5 MB
FY 2016 Presentation 800 KB