Bifogade filer
Q2 2025 Cheffelo ENG
Prenumeration
Beskrivning
| Land | Sverige |
|---|---|
| Lista | First North Stockholm |
| Sektor | Handel & varor |
| Industri | Dagligvaror |
Cheffelo’s second quarter growth of 1.9% was affected by Easter timing and a stronger SEK. Excluding currency effects, Net sales grew by 5.1% in the quarter and 12.0% for the first half of 2025, almost doubling the growth rate of 6.1% in the first half of last year. Growth was driven by a combination of more customers and increased Average Order Value. Norway and Sweden led the growth on a local currency basis of 18.7% and 8.8% respectively.
EBIT profitability continued to improve, landing at MSEK 41.9 (29.5), which amounts to a 42% increase for the first half.
Add-ons and grocery sales grew by almost 44% in Q2, as a result of efforts to make the offering more relevant and attractive to the customers, and this category now represents about 2.0% (1.4%) of Net sales.
CEO Walker Kinman comments: “I am proud of our solid results and the improvements in our product and service offering delivered by the Cheffelo team. Acceleration after the summer is strong and, despite currency headwinds, we expect double-digit growth in Q3. We are also confident that we are well on track to exceed the high end of our Net sales growth target of 8% for the full year, despite there being one less delivery week in Q4.”
| Second quarter 2025 (Q2 2024) | First half 2025 (H1 2024) |
| - Net sales increased by 1.9% to MSEK 261.7 (256.9). Growth excluding currency effects of 5.1% (11.9%) | - Net sales increased by 9.6% to MSEK 598.0 (545.7). Growth excluding currency effects of 12.0% (6.1%) |
| - Operating profit (EBIT) at MSEK 21.4 (19.5), a margin of 8.2% (7.6%) | - Operating profit (EBIT) at MSEK 41.9 (29.5), a margin of 7.0% (5.4%) |
| - Net profit for the period after taxes at MSEK 17.0 (13.9) | - Net profit for the period after taxes at MSEK 33.2 (20.1) |
| - Earnings per share before dilution at SEK 1.34 (1.10) and after dilution at SEK 1.34 (1.08) | - Earnings per share before dilution at SEK 2.61 (1.58) and after dilution at SEK 2.61 (1.56) |
Please see Cheffelo’s first half 2025 report attached and on https://cheffelo.com/financial-reports/
Cheffelo hosts a webcast for investors, analysts and media on Aug 20 at 09:00 CET. Details can be found here: https://www.finwire.tv/webcast/cheffelo/q2-2025/