Greenfood AB (publ) publishes trading update
Greenfood AB (publ) announces a trading update on its financial performance for July, as well as August net sales for Picadeli.LTM adjusted EBITDA for the Greenfood Group reached an all-time high at SEK 363 million by the end of July. The Greenfood Group reports a slight decline in overall net sales of 2%, from SEK 3,411 million to SEK 3,331 million for the seven months ending 31 July 2024. However, the group achieved a significant increase in profitability, with adjusted EBITDA increasing by 30%, to SEK 225 million compared to SEK 173 million for the same period in 2023. The Picadeli