Greenfood’s Interim report first quarter 2023
The first quarter of the year represents a strong start to 2023. Group sales are up 20.7% and Adjusted EBITDA almost doubled.INTERIM OVERVIEW 1 JANUARY - 31 MARCH · Net sales for the period totalled SEK 1,450.1 million (1,201.0) an increase of 20.7%. Out of the increase of SEK 249.1 million, SEK 112.4 million increase is generated at Picadeli, mainly due to a larger established base of buying stores. · Adjusted EBITDA was with SEK 42.4 million (22.3) significantly better than the first quarter 2022. The main driver is Picadeli with a SEK 18.2 million increase, caused by increased