Hagar hf reported earnings results for the first quarter ended May 31, 2022. For the first quarter, the company reported sales was ISK 38,213 million compared to ISK 32,034 million a year ago. Net income was ISK 926 million compared to ISK 717 million a year ago.

Basic earnings per share from continuing operations was ISK 0.82 compared to ISK 0.63 a year ago. Diluted earnings per share from continuing operations was ISK 0.81 compared to ISK 0.63 a year ago.