Cheffelo

The year was characterized by both growth and profitability:

• Net sales for the full year increased by 5.8% to MSEK 1,058.2 (999.7), with growth across all markets. Net sales increased by 7.1% excluding currency effects.
• Operating profit (EBIT) reached MSEK 41.7 (30.7), corresponding to a margin of 3.9% (3.1%).
• Profit after tax amounted to MSEK 32.4 (19.3).

The 2024 results confirm that Cheffelo is well on track to deliver on its long-term financial targets: stable and profitable growth with an annual Net sales increase of 6–8% and an EBIT margin of 4–6%.

Cheffelo’s sustainability report is integrated into the annual report and highlights the company’s progress within environmental, social, and governance:

• Further reduction in food waste: 2.51 grams per portion.
• Reduced usage of cardboard, plastic, and ice.
• Mapped Scope 3 CO₂ emissions and completed a double materiality assessment.
• Named a finalist in the Brilliant Awards for “creating an outstanding workplace with highly engaged employees through strong leadership”.
• Launched a Nordic-wide collaboration with the Red Cross to support family dinners, as part of the company’s commitment to allocate 2% of annual Net income to the communities where we live and operate.

The 2024 Annual and Sustainability Report is available in both Swedish and English at cheffelo.com.