• Hagar published annual report for year ended Feb. 28, 2026, flagging broad-based operating outperformance across Iceland grocery retail, fuel unit Olís, and Faroe Islands business SMS.
• Management raised EBITDA outlook twice during year as demand stayed strong in Iceland grocery market, lifting profitability at Bónus and Hagkaup.
• Olís delivered stronger performance in fuel and dry-goods, supported by new revenue streams and service-station efficiency gains.
• Guidance for 2026/27 targets EBITDA of ISK 18.8-19.3 billion, reflecting inflation assumption of 3.7%.
• Relocation to Álfabakki 2 is expected to drive new production capacity and revenue opportunities, with temporary double-rent cost seen at ISK 470 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hagar hf. published the original content used to generate this news brief on April 29, 2026, and is solely responsible for the information contained therein.