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Greenfood’s Interim report third quarter 2025

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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 and 3.6 percent growth in Food Solutions while Fresh Produce decreased -2.7 percent.
  • Group adjusted EBITDA of SEK 150.6 million (130.2) increased 15.6 percent driven by improvements in all three business areas.
  • Net result for the period SEK 36.7 million (-2.9).
  • Cash flow from operations was SEK 115.7 million (26.9).
  • At quarter’s end, the Group’s available liquidity amounted to SEK 249.7 million (148.2).

For more information, contact:
Martin Asp, CFO, Greenfood AB (publ)
martin.asp@greenfood.se

About Greenfood
Greenfood is a leading European player creating healthy and sustainable food that is tasty, affordable, and easily accessible. From Picadeli’s self-service salads and ready-made meals to fruits and vegetables directly from farms spread across a large part of the world. Through our three business areas, Greenfood provides fresh, healthy, plant-based food at various stages of processing to customers in convenience and retail, as well as hotels, restaurants, and catering.

For 2024, Greenfood’s turnover amounted to SEK 5.6 billion and the Group operates in 11 countries across Europe as well as in the US with headquarters in the historic heart of the business: Helsingborg, Sweden. Greenfood’s portfolio includes several strong brands, for example: Picadeli, Daily Greens, SallaCarte, Green Deli, and Ahlgood. Read more at www.greenfood.se.

Greenfood’s climate targets are approved by the Science Based Targets initiative, with a commitment to substantially reduce CO2 emissions.

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