SlideShare a Scribd company logo
1 of 9
pragya
prgyaratan1@gmail.com
+91--9716225449
 The company was founded in 1970 and is based in
Flintshire, United Kingdom.
 Iceland Foods Ltd (trading as Iceland) is a
British supermarket chain, with emphasis on the sale of
frozen foods, including prepared meals and vegetables.
 They also sell non-frozen grocery items such as produce,
meat, dairy, and dry goods.
 The company has an approximate 1.8% share of the UK
food market.
 It exports products to southern Africa and the Middle East,
as well as provides store franchise options in Spain,
Portugal, the Channel Islands, Isle of Man, and Libya. It
also sells its products online.
2011 2012 2013 2014 2015
Cash
£59,995,00
0
£68,195,000
£119,17
6,000
£147,213,000
£161,935,000
Net Worth
£240,860,0
00
£364,657,000
£516,85
7,000 £656,381,000 £709,630,000
Total
Current
Assets
£224,278,00
0
£249,212,000
£276,50
9,000 £333,536,000 £342,439,000
Total
Current
Liabilities
£355,452,00
0
£388,566,000
£405,74
4,000 £432,244,000 £480,031,000
 Sales £2.697 billion (2015)
 Adjusted EBITDA* £150.2m
 Strong cash flow maintained: inflow £189.3m
 Cash balances increased to £163.6m (2014: £152.1m)
 28 net new stores opened in UK and Republic of Ireland
 New FoodWarehouse store concept created and six stores opened
 Online shopping service rolled out nationwide in UK
 £1.3m raised for good causes through Iceland Foods Charitable
Foundation
 InTop 10 “Best Big CompaniesToWork For” for fifth year
 Major programme of product innovation and rebranding underway
 New “Power of Frozen” advertising campaign launched
 Up to 20 new stores planned for current year
 GO PUBLIC
1984 Expanding through new store openings and the acquisition of smaller chains,
Iceland had 81 stores by 1984, when it became a public company through one of the
most successful flotations ever seen on the London Stock Exchange. The initial
public offering of just £8 million worth of shares brought in applications with
cheques totalling over £900 million, making it an amazing 113 times
oversubscribed.
 The Dark Ages
2001 Into this management vacuum stepped new chief executive Bill Grimsey, who had built
his City reputation at the Wickes DIY chain following the departure of its previous
management team as the result of a financial scandal. Within weeks of joining Iceland, he and
his new finance director Bill Hoskins – also from Wickes – claimed to have identified massive
problems. These plunged the business into a £120 million loss after an amazing £145 million of
exceptional items – an extraordinary reversal of fortunes for a group operating in inherently
stable industries, which had recorded a profit of £32 million in the first six months of that
financial year.
 A New Beginning (Public company to private company)
In February 2005 The Big Food Group’s shareholders accepted a recommended
offer from a consortium of investors that made it a private company once more.
Shareholders received only a fraction of the value the business had enjoyed on the
stock market at its peak.
 http://about.iceland.co.uk/_assets/files/BBC_
radio_4.pdf
 http://about.iceland.co.uk/abouticeland/icela
nd-operating-profit
 http://www.referenceforbusiness.com/history
2/83/Iceland-Group-plc.html
 investors.iceland.co.uk
 www.londonstockexchange.com/home/hom
epage.
 uk.finance.yahoo.com

More Related Content

More from Micky Lyf

Tesco,Tesco PLC
Tesco,Tesco PLCTesco,Tesco PLC
Tesco,Tesco PLCMicky Lyf
 
IRCTC,Indian Railway Catering and Tourism Corporation
IRCTC,Indian Railway Catering and Tourism CorporationIRCTC,Indian Railway Catering and Tourism Corporation
IRCTC,Indian Railway Catering and Tourism CorporationMicky Lyf
 
IRCTC,Indian Railway Catering and Tourism Corporation
IRCTC,Indian Railway Catering and Tourism CorporationIRCTC,Indian Railway Catering and Tourism Corporation
IRCTC,Indian Railway Catering and Tourism CorporationMicky Lyf
 
Dominos pizza Service marketing
Dominos pizza Service marketing Dominos pizza Service marketing
Dominos pizza Service marketing Micky Lyf
 
Aviva plc, AVIVA LONDON
Aviva plc, AVIVA LONDON Aviva plc, AVIVA LONDON
Aviva plc, AVIVA LONDON Micky Lyf
 
High performing team,team building,Team management
High performing team,team building,Team management High performing team,team building,Team management
High performing team,team building,Team management Micky Lyf
 
Reservation of a room in a hotel in France, French hotel conversation, French...
Reservation of a room in a hotel in France, French hotel conversation, French...Reservation of a room in a hotel in France, French hotel conversation, French...
Reservation of a room in a hotel in France, French hotel conversation, French...Micky Lyf
 
vodafone , vodafone report, project on vodafone, service operation management
vodafone , vodafone report, project on vodafone, service operation managementvodafone , vodafone report, project on vodafone, service operation management
vodafone , vodafone report, project on vodafone, service operation managementMicky Lyf
 
Brics- Brazil, Russia, India, China and South Africa
Brics- Brazil, Russia, India, China and South AfricaBrics- Brazil, Russia, India, China and South Africa
Brics- Brazil, Russia, India, China and South AfricaMicky Lyf
 
British airways brand management,crisis management
British airways brand management,crisis managementBritish airways brand management,crisis management
British airways brand management,crisis managementMicky Lyf
 
Steve jobs , VISIONARY LEADER,APPLE FOUNDER ,STEVEN JOBS
Steve jobs , VISIONARY LEADER,APPLE FOUNDER ,STEVEN JOBSSteve jobs , VISIONARY LEADER,APPLE FOUNDER ,STEVEN JOBS
Steve jobs , VISIONARY LEADER,APPLE FOUNDER ,STEVEN JOBSMicky Lyf
 
QUALITY MANAGEMENT PRACTICES USED BY TELECOM ORGANIZATIONS,quality in telecom...
QUALITY MANAGEMENT PRACTICES USED BY TELECOM ORGANIZATIONS,quality in telecom...QUALITY MANAGEMENT PRACTICES USED BY TELECOM ORGANIZATIONS,quality in telecom...
QUALITY MANAGEMENT PRACTICES USED BY TELECOM ORGANIZATIONS,quality in telecom...Micky Lyf
 
Vodafone strategic management analysis
Vodafone strategic management analysisVodafone strategic management analysis
Vodafone strategic management analysisMicky Lyf
 

More from Micky Lyf (13)

Tesco,Tesco PLC
Tesco,Tesco PLCTesco,Tesco PLC
Tesco,Tesco PLC
 
IRCTC,Indian Railway Catering and Tourism Corporation
IRCTC,Indian Railway Catering and Tourism CorporationIRCTC,Indian Railway Catering and Tourism Corporation
IRCTC,Indian Railway Catering and Tourism Corporation
 
IRCTC,Indian Railway Catering and Tourism Corporation
IRCTC,Indian Railway Catering and Tourism CorporationIRCTC,Indian Railway Catering and Tourism Corporation
IRCTC,Indian Railway Catering and Tourism Corporation
 
Dominos pizza Service marketing
Dominos pizza Service marketing Dominos pizza Service marketing
Dominos pizza Service marketing
 
Aviva plc, AVIVA LONDON
Aviva plc, AVIVA LONDON Aviva plc, AVIVA LONDON
Aviva plc, AVIVA LONDON
 
High performing team,team building,Team management
High performing team,team building,Team management High performing team,team building,Team management
High performing team,team building,Team management
 
Reservation of a room in a hotel in France, French hotel conversation, French...
Reservation of a room in a hotel in France, French hotel conversation, French...Reservation of a room in a hotel in France, French hotel conversation, French...
Reservation of a room in a hotel in France, French hotel conversation, French...
 
vodafone , vodafone report, project on vodafone, service operation management
vodafone , vodafone report, project on vodafone, service operation managementvodafone , vodafone report, project on vodafone, service operation management
vodafone , vodafone report, project on vodafone, service operation management
 
Brics- Brazil, Russia, India, China and South Africa
Brics- Brazil, Russia, India, China and South AfricaBrics- Brazil, Russia, India, China and South Africa
Brics- Brazil, Russia, India, China and South Africa
 
British airways brand management,crisis management
British airways brand management,crisis managementBritish airways brand management,crisis management
British airways brand management,crisis management
 
Steve jobs , VISIONARY LEADER,APPLE FOUNDER ,STEVEN JOBS
Steve jobs , VISIONARY LEADER,APPLE FOUNDER ,STEVEN JOBSSteve jobs , VISIONARY LEADER,APPLE FOUNDER ,STEVEN JOBS
Steve jobs , VISIONARY LEADER,APPLE FOUNDER ,STEVEN JOBS
 
QUALITY MANAGEMENT PRACTICES USED BY TELECOM ORGANIZATIONS,quality in telecom...
QUALITY MANAGEMENT PRACTICES USED BY TELECOM ORGANIZATIONS,quality in telecom...QUALITY MANAGEMENT PRACTICES USED BY TELECOM ORGANIZATIONS,quality in telecom...
QUALITY MANAGEMENT PRACTICES USED BY TELECOM ORGANIZATIONS,quality in telecom...
 
Vodafone strategic management analysis
Vodafone strategic management analysisVodafone strategic management analysis
Vodafone strategic management analysis
 

Recently uploaded

FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756dollysharma2066
 
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service AvailableCall Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service AvailableSeo
 
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...rajveerescorts2022
 
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...daisycvs
 
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort Service
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort ServiceEluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort Service
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort ServiceDamini Dixit
 
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...amitlee9823
 
Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...
Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...
Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...lizamodels9
 
Falcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to ProsperityFalcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to Prosperityhemanthkumar470700
 
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...amitlee9823
 
RSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataRSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataExhibitors Data
 
Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service NoidaCall Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service Noidadlhescort
 
It will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayIt will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayNZSG
 
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...Anamikakaur10
 
Organizational Transformation Lead with Culture
Organizational Transformation Lead with CultureOrganizational Transformation Lead with Culture
Organizational Transformation Lead with CultureSeta Wicaksana
 
Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000
Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000
Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000dlhescort
 
Phases of Negotiation .pptx
 Phases of Negotiation .pptx Phases of Negotiation .pptx
Phases of Negotiation .pptxnandhinijagan9867
 
Business Model Canvas (BMC)- A new venture concept
Business Model Canvas (BMC)-  A new venture conceptBusiness Model Canvas (BMC)-  A new venture concept
Business Model Canvas (BMC)- A new venture conceptP&CO
 
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai KuwaitThe Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwaitdaisycvs
 
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...amitlee9823
 
Uneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration PresentationUneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration Presentationuneakwhite
 

Recently uploaded (20)

FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
 
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service AvailableCall Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
 
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
 
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
 
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort Service
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort ServiceEluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort Service
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort Service
 
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
 
Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...
Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...
Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...
 
Falcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to ProsperityFalcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to Prosperity
 
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
 
RSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataRSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors Data
 
Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service NoidaCall Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
 
It will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayIt will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 May
 
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
 
Organizational Transformation Lead with Culture
Organizational Transformation Lead with CultureOrganizational Transformation Lead with Culture
Organizational Transformation Lead with Culture
 
Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000
Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000
Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000
 
Phases of Negotiation .pptx
 Phases of Negotiation .pptx Phases of Negotiation .pptx
Phases of Negotiation .pptx
 
Business Model Canvas (BMC)- A new venture concept
Business Model Canvas (BMC)-  A new venture conceptBusiness Model Canvas (BMC)-  A new venture concept
Business Model Canvas (BMC)- A new venture concept
 
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai KuwaitThe Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
 
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
 
Uneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration PresentationUneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration Presentation
 

Iceland, Iceland Foods Ltd 

  • 2.  The company was founded in 1970 and is based in Flintshire, United Kingdom.  Iceland Foods Ltd (trading as Iceland) is a British supermarket chain, with emphasis on the sale of frozen foods, including prepared meals and vegetables.  They also sell non-frozen grocery items such as produce, meat, dairy, and dry goods.  The company has an approximate 1.8% share of the UK food market.  It exports products to southern Africa and the Middle East, as well as provides store franchise options in Spain, Portugal, the Channel Islands, Isle of Man, and Libya. It also sells its products online.
  • 3.
  • 4. 2011 2012 2013 2014 2015 Cash £59,995,00 0 £68,195,000 £119,17 6,000 £147,213,000 £161,935,000 Net Worth £240,860,0 00 £364,657,000 £516,85 7,000 £656,381,000 £709,630,000 Total Current Assets £224,278,00 0 £249,212,000 £276,50 9,000 £333,536,000 £342,439,000 Total Current Liabilities £355,452,00 0 £388,566,000 £405,74 4,000 £432,244,000 £480,031,000
  • 5.
  • 6.  Sales £2.697 billion (2015)  Adjusted EBITDA* £150.2m  Strong cash flow maintained: inflow £189.3m  Cash balances increased to £163.6m (2014: £152.1m)  28 net new stores opened in UK and Republic of Ireland  New FoodWarehouse store concept created and six stores opened  Online shopping service rolled out nationwide in UK  £1.3m raised for good causes through Iceland Foods Charitable Foundation  InTop 10 “Best Big CompaniesToWork For” for fifth year  Major programme of product innovation and rebranding underway  New “Power of Frozen” advertising campaign launched  Up to 20 new stores planned for current year
  • 7.
  • 8.  GO PUBLIC 1984 Expanding through new store openings and the acquisition of smaller chains, Iceland had 81 stores by 1984, when it became a public company through one of the most successful flotations ever seen on the London Stock Exchange. The initial public offering of just £8 million worth of shares brought in applications with cheques totalling over £900 million, making it an amazing 113 times oversubscribed.  The Dark Ages 2001 Into this management vacuum stepped new chief executive Bill Grimsey, who had built his City reputation at the Wickes DIY chain following the departure of its previous management team as the result of a financial scandal. Within weeks of joining Iceland, he and his new finance director Bill Hoskins – also from Wickes – claimed to have identified massive problems. These plunged the business into a £120 million loss after an amazing £145 million of exceptional items – an extraordinary reversal of fortunes for a group operating in inherently stable industries, which had recorded a profit of £32 million in the first six months of that financial year.  A New Beginning (Public company to private company) In February 2005 The Big Food Group’s shareholders accepted a recommended offer from a consortium of investors that made it a private company once more. Shareholders received only a fraction of the value the business had enjoyed on the stock market at its peak.
  • 9.  http://about.iceland.co.uk/_assets/files/BBC_ radio_4.pdf  http://about.iceland.co.uk/abouticeland/icela nd-operating-profit  http://www.referenceforbusiness.com/history 2/83/Iceland-Group-plc.html  investors.iceland.co.uk  www.londonstockexchange.com/home/hom epage.  uk.finance.yahoo.com