LMK Group reports Q1 results amid weak e-commerce environment
LMK Group, the largest supplier of meal kits in the Scandinavian region and a leader in Scandinavian foodtech, today announced its financial results for the first quarter 2022. The Group operates in Sweden, Norway and Denmark under the brands Linas Matkasse, Godtlevert, Adams Matkasse and RetNemt.CEO Walker Kinman commented: “The emergence from the pandemic, a pent-up desire for traveling and visiting restaurants, and household spending affected by soaring inflation have affected e-commerce overall, and online groceries in particular, during the quarter. This development has led to a