EBIT profitability in Q2 despite tough macro environment
LMK Group, a leading supplier of meal kits in the Scandinavian region and a leader in Scandinavian foodtech, today announced its financial results for the second quarter 2022. The Group operates in Sweden, Norway and Denmark under the brands Linas Matkasse, Godtlevert, Adams Matkasse and RetNemt.CEO Walker Kinman commented: “Accelerating inflation and declines in consumer sentiment on recessionary fears, combined with changes in customer behavior as the economy continues to emerge from the Covid pandemic, continued to affect demand for the category negatively during the second quarter.