LMK Group reports Solid profitability and sequential growth in active customers in Q1
LMK Group, a leading supplier of meal kits in the Nordic region and a leader in Scandinavian foodtech, today announced its financial results for the first quarter 2023. The year has started well with solid profitability in the first quarter and continued improvement in Contribution margin which reached 31.6%. The company progressed its strategic must-win-battles to drive profitability, improving production efficiency, updating its tech-platforms, launching a successful partnership in Sweden and acquiring the customer relationships of a competitor in Denmark. Active customers grew