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The approval is a significant milestone in our journey towards an even more sustainable Greenfood. Together with our customers and suppliers, we aim for significantly lower CO2 emissions, thereby offering our customers and consumers even better opportunities to consume sustainable food.
Lisa Isakson, Head of Sustainability at Greenfood Group.
This year, we have truly confirmed the scalability of Picadeli's model. Profitability accelerates as the number of salad bars and sales volume per salad bar increases
David von Laskowski, CEO of Greenfood Group and Picadeli.
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Greenfood’s Interim report first quarter 2026

Greenfood entered 2026 with a strong first quarter, delivering improved profitability and continued momentum in its core businesses. Adjusted EBITDA increased by 15.8 percent, supported by growth and margin improvement in Picadeli and Food Solutions. Picadeli continued its international expansion, surpassing 200 points of sale in the US while further strengthening performance in France.Interim overview 1 January – 31 March 2026 · Net sales for the group totaled SEK 1,391.1 million (1,443.8), a decrease of 3.7 percent, driven by 6.5 percent growth in Picadeli and 3.0 percent growth in

Picadeli honored following US success – receives Swedish-American Chamber of Commerce Business Award

Picadeli has been awarded the SACC-USA Business Award, the Swedish-American Chamber of Commerce’s prestigious accolade for fast-growing Swedish companies driving innovation, business development and growth in the US market. In its citation, the jury describes Picadeli as “a true leader in healthy fast food”.The award follows several years of strong international expansion, during which Picadeli has captured significant market share in the United States through a scalable business model, a clear growth strategy and a consistent focus on innovation. Today, Picadeli’s salad bars are present

Greenfood publishes Annual and Sustainability Report for 2025

Greenfood today publishes its Annual and Sustainability Report for 2025, now available on the Group’s website. During the year, Greenfood delivered significantly improved profitability, stable growth and a strengthened financial position, driven primarily by continued strong performance in Picadeli and Food Solutions, the Group’s two core value-creating business areas.Net sales for the financial year 2025 amounted to SEK 5,796.6 million (5,643.0), corresponding to growth of 2.7 percent compared with the previous year. Adjusted EBITDA increased to SEK 461.1 million (383.3), up 20.3 percent.

Greenfood’s Interim report fourth quarter 2025

Greenfood closed 2025 with stronger earnings, healthy cash flow, and continued momentum. Group adjusted EBITDA increased by 20 percent to SEK 461 million for the year, driven primarily by Picadeli and Food Solutions. Picadeli grew net sales by 11.4 percent and improved profitability by 20.2 percent, once again demonstrating the strength of the concept.Full year overview 1 January – 31 December 2025 · Net sales for the group totaled SEK 5,796.6 million (5,643.0), an increase of 2.7 percent, driven by 11.4 percent growth in Picadeli and 6.5 percent growth in Food Solutions while Fresh

Greenfood signs agreement to sell its Fresh Produce business to Dole Nordic AB

Greenfood AB (publ) announces that it has entered into a Share Purchase Agreement with Dole Nordic AB regarding the sale of Greenfood’s Fresh Produce business.Greenfood is a leading provider of healthy, convenient and scalable meal solutions with strong positions across Europe and the United States. The Group currently operates through the business areas Picadeli, Food Solutions and Fresh Produce, offering innovative concepts, fresh-cut products and fruit and vegetables. The divestment of Fresh Produce will result in the disposal of the Group’s fruit and vegetable wholesale operations,

Greenfood receives consent to the proposed amendments to its outstanding Notes

Greenfood AB (publ) (“Greenfood”, or the “Issuer”) announces that, pursuant to a written procedure initiated on 24 October 2025 in respect of its SEK 1,300,000,000 Senior Secured Sustainability-Linked Floating Rate Notes due November 2028 with ISIN SE0023112222 (the “Notes”), the proposed amendments to the terms and conditions of the Notes (the “Terms and Conditions”) have been approved.The quorum and majority requirements required to approve the Proposal (as defined in the Notice) as set out in the notice of written procedure dated 24 October 2025 (the “Notice”) have been met. The

Greenfood initiates a written procedure to amend the terms of its outstanding Notes

Greenfood AB (publ) (“Greenfood”, or the “Issuer”) has instructed Nordic Trustee & Agency AB (publ) (the “Agent”) to initiate a procedure in writing (the “Written Procedure”) to seek noteholders’ approval to amend the terms and conditions of its SEK 1,300,000,000 Senior Secured Sustainability-Linked Floating Rate Notes due November 2028 with ISIN SE0023112222 (the “Notes”).The proposed amendments to the Notes include, inter alia, an increase in the headroom for incurrence of debt under super senior facilities and extending the timeline for the admission to trading of its Initial Notes to 1

Greenfood’s Interim report third quarter 2025

Greenfood maintained its strong momentum in the third quarter. Picadeli once again led growth, with net sales up 11.0 percent, while Food Solutions continued to gain traction, particularly in Denmark. During the period, Picadeli surpassed 300 salad bars in Finland, making it one of the country’s largest fast-food chains by number of outlets, and signed a new three-year contract with TotalEnergies, one of Europe’s leading service and fuel station operators.· Net sales for the group totaled SEK 1,454.2 million (1,413.4), an increase of 2.9 percent, driven by 11.0 percent growth in Picadeli

Picadeli expands with more salad bars along French motorways

Demand for healthy food on the go continues to rise. Picadeli is now taking the next step in France by winning a new three-year contract with TotalEnergies, one of and Europe’s largest operators of service and fuel stations along motorways.Picadeli established its first salad bar on French motorways in 2018 and today operates seven units in the TotalEnergies network, three of which are among the chain’s top 20 performing stores. With the new agreement, running from June 2025 to June 2028, Picadeli and TotalEnergies will significantly expand the number of salad bars across the network in the

Picadeli reaches 300 Salad Bars in Finland

With demand for healthy fast food at an all-time high, Picadeli is celebrating a major milestone: more than 300 salad bars are now open across Finland! This achievement makes Picadeli one of the country’s largest fast-food chains by number of outlets.Since its launch in Finland in 2013, the concept has grown from just a handful of salad bars in Helsinki to a truly nationwide presence. Today, Picadeli’s green bowls can be found everywhere from supermarkets in major cities to ski resorts in Lapland. Half of the outlets are located outside the Helsinki region, clearly showing that demand is

Greenfood’s Interim report second quarter 2025

Greenfood delivered another strong quarter. Adjusted EBITDA rose by 16.1 percent, driven by enhanced profitability in all business units. This performance underscores the strength of Greenfood’s main growth engine, a healthy and convenient food-to-go concept.· Group adjusted EBITDA of SEK 139.3 million (120.0) increased by 16.1 percent driven by improvements in all three business areas. · Net sales for the group totaled SEK 1,561.1 million (1,525.6), an increase of 2.3 percent, driven by 10.2 percent growth in Picadeli and 5.0 percent growth in Food. · Net sales for Picadeli in the

Fidelio increases its ownership in Greenfood

Greenfood today announces that Fidelio is increasing its ownership in the group. Fidelio, which has been a long-standing minority shareholder for almost 15 years, now becomes the majority owner. The transaction marks the culmination of a productive partnership with Nordic Capital and paves the way for Greenfood’s accelerated international expansion together with Fidelio.Fidelio is increasing its ownership in Greenfood by acquiring Nordic Capital’s stake in the group. This marks the beginning of an exciting new phase for Greenfood, a company that has delivered record financial results in

Kaisa Väistö-Nurminen appointed Managing Director of Picadeli Finland

Kaisa Väistö-Nurminen has been appointed as the new Managing Director of Picadeli Finland. She will take up the position on June 1, 2025. Kaisa succeeds Nina Westerberg, who has successfully led both Picadeli Finland and Salico Oy, two companies within the Greenfood Group. Nina will now fully focus on her role as Managing Director of Salico Oy.Picadeli Finland and Salico Oy have seen substantial growth in recent years. Picadeli Finland recently surpassed a major milestone with over 250 salad bars established across the country, an achievement that highlights strong market demand and the

Greenfood’s Interim report first quarter 2025

Greenfood started 2025 on a strong note, with profitable growth across the board. Group net sales rose 7.3 percent, led by Picadeli and Food Solutions. Picadeli continued to serve as the Group’s primary growth engine, demonstrating both the strength of its concept and its scalability across markets.· Net sales for the group totaled SEK 1,443.8 million (1,345.9), an increase of 7.3 percent, driven by 16.8 percent growth in Picadeli, 14.3 percent growth in Food Solutions and 3.0 percent growth in Fresh Produce. · Group adjusted EBITDA of SEK 72.0 million (61.6) increased by 16.9 percent

Greenfood expands partnership with Lidl Sweden – launches 8 new seasonal products under the Greendeli brand

Greenfood continues to strengthen its collaboration with Lidl Sweden by expanding its ready meal assortment. Eight new summer-inspired products are now being launched under Greenfood’s own brand, Greendeli. These products will be available in all Lidl stores across Sweden throughout the summer.The new items offer convenient, fresh meal solutions and will be sold during weeks 18–34. This initiative is part of Greenfood’s strategy to make healthy and tasty meals more accessible to a wider range of consumers. – We are very pleased to be able to offer consumers a broader range of fresh,

Groundbreaking AI Solutions are revolutionizing the food industry – this is how the sector can learn from real-life examples

The fact that Swedish salad pioneer Picadeli is at the forefront of the food industry is a well-kept secret. With its AI tool, the company has successfully reduced its food waste and optimized product assortment. Now, Picadeli is summarizing four years of working with AI, launching an entirely new salad bar, and looking ahead.Greenfood-owned Picadeli is achieving major global success with its foodtech concept. A key part of Picadeli’s pioneering efforts is its investment in AI. As early as 2021, the salad industry player integrated artificial intelligence into its operations – well before

Greenfood publishes Annual Report for 2024

Throughout 2024, Greenfood demonstrated the trust and confidence it has earned from customers, consumers, and the capital markets. This trust enabled the Group to secure numerous new contracts, establish key partnerships, expand in both new and existing markets, and raise capital to drive future growth. Despite a challenging market environment, Greenfood achieved a major improvement in profitability while maintaining stable sales, further strengthening its position for continued expansion.In 2024, Greenfood’s business areas Picadeli and Food Solutions performed strongly in terms of sales,

New Report: Many Swedes Can’t Afford to Eat Healthily

Picadeli’s Vegocracy Report 2025 is here! This annual survey takes a deep dive into our eating habits. This year’s report reveals that 9 out of 10 Swedes—equivalent to millions of people—do not eat fruits and vegetables according to recommended guidelines, despite them being the cornerstone of a healthy lifestyle. One in three say they simply can’t afford to prioritize greens on their plate—families with children and the unemployed are the most affected.Inflation is higher than expected, and the economic situation remains difficult for many Swedish households. Food prices continue to rise,

Greenfood’s Interim report fourth quarter 2024

Greenfood closes 2024 with strong momentum, delivering another quarter of solid earnings growth.· Net sales for the quarter totaled SEK 1,358.0 million (1,331.1), an increase of 2.0 percent, driven by Picadeli and Food Solutions, Greenfood’s high value-add segments. · Picadeli delivered another strong quarter, with net sales rising 14.3 percent to SEK 449.8 million and Adjusted EBITDA increasing 13.4 percent to SEK 42.2 million, primarily driven by more active stores than Q4 2023. · Net sales for Food Solutions in the fourth quarter of 2024 grew 7.4 percent and adjusted EBITDA grew by

Greenfood and Odlarlaget sign cucumber agreement – strengthening sustainable Swedish vegetable production

Greenfood continues its expansion journey and is now further elevating its competitiveness. Through a new agreement with Odlarlaget, Agtira’s high-quality cucumbers will soon be distributed across Greenfood’s extensive network of partners, including retail chains, individual stores, and restaurants.The new agreement concerns the majority of the volumes from Agtira's new production facility in Haninge and ensures that the highly sought-after cucumbers are distributed between ICA Maxi Haninge and Greenfood's own distribution network. This arrangement ensures that the entire production at the

Greenfood launches new plant-based proteins for large-scale kitchens

The future of vegetarian proteins is nutritious, free from additives – and Swedish. New plant-based products are now being launched, featuring ingredients such as wheat, oats, peas, and field beans. Behind these innovations are Swedish food industry players Ahlströms, part of Greenfood, and SimSuFoodS.For Swedish large-scale kitchens, Ahlströms and SimSuFoodS are two well-known players who, with their passion for developing sustainable, innovative, and uncomplicated products, have contributed to a significant shift in the Swedish foodservice market. This shift can be seen in everything from

Ewerman strengthens its premium range in partnership with SanLucar

Fruits and vegetables of the highest quality with an unbeatable taste. Greenfood’s subsidiary, Ewerman, is now entering a new partnership with premium supplier SanLucar, further strengthening both its product range and customer offering. With over 130 seasonal products – from sushi-grade pineapple and avocado to mangoes, citrus fruits, grapes, blueberries, and tomatoes – this collaboration ensures a constant flow of new and exciting flavors.Greenfood is one of the largest players in the healthy food industry and has experienced significant growth in recent years as more people choose fruits

Picadeli continues its rapid expansion in Germany

Just months after celebrating 250 salad bars in Germany, Picadeli has reached a milestone of 300 locations. This lightning-fast expansion highlights the company’s successful strategy and the growing demand for healthy and sustainable food concepts in Europe’s largest economy.The Swedish salad bar brand continues to thrive across Europe. A few months after marking its 250th location in Germany, the number has now risen to 300. This growth further solidifies Picadeli's position as a leading player in one of Europe’s most significant markets. “Growing from 250 to 300 salad bars in such a

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