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Cheffelo publishes 2023 Annual Report and Sustainability Report

MARKN.

Cheffelo, a leading supplier of meal kits in the Nordic region and a leader in Scandinavian foodtech, today published its 2023 Annual Report and Sustainability Report. The Group reported improved profitability as well as solid cash generation in a challenging market environment. The board of directors are proposing a dividend of SEK 1.78 (0.30) per share in accordance with Cheffelo’s dividend policy.

Through its brands Linas Matkasse in Sweden, Godtlevert and Adams Matkasse in Norway and RetNemt in Denmark, the group delivered almost 15 million meals to its 68.7 thousand active customers during the year. Net sales amounted to MSEK 999.7 and Operating profit (EBIT) to MSEK 30.7.

Sustainability reporting is integrated in the Report, detailing advancements in many areas and for the first time including Scope 1 and 2 emissions, with the aim of including scope 3 in next year’s report.

The Report is published in Swedish and English and they’re both available on the company website www.cheffelo.com

CEO Walker Kinman commented: “The team has put in a tremendous effort during the year to achieve all our strategic Must-Win Battles, not only leading to a return to profitable growth but also setting the stage for our continued development.”

For further information, please contact:

Peter Bodor, Head of Corporate Communications, Cheffelo
Telephone (SWE): +46 706 48 70 65
E-mail: peter.bodor@cheffelo.com

Erik Bergman, CFO, Cheffelo
Telephone (SWE): +46 707 74 49 73
E-mail: erik.bergman@cheffelo.com

About Cheffelo

Cheffelo (previously LMK Group) was founded in 2008 with the vision of simplifying everyday life by offering a large variety of inspiring recipes and ingredients delivered directly to the customer's front door. Today, the group is a leading supplier of meal kits in the Nordic region and a leader in Scandinavian foodtech. The group operates under several brands in Sweden (Linas Matkasse), Norway (Godtlevert and Adams Matkasse) and Denmark (RetNemt). In 2023, the group generated SEK 1 billion in revenue and delivered approximately 15 million meals to its customers. Cheffelo is listed on Nasdaq First North Premier Growth Market (ticker: CHEF). Certified Adviser: FNCA Sweden AB.

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Cheffelo Annual Report 2023 English

Datum 2024-04-04, kl 07:45
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Cheffelo Annual Report 2023 English
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