Cheffelo publishes trading update for Q1 2024 Apr 8. 2024 07:45:00 Regulatory Cheffelo, a leading Scandinavian supplier of food bags and a leading player in Scandinavian foodtech, today publishes a trading update for the first quarter of 2024. Full results for the period will be published on May 7, 2024. Net sales for Q1 2024 amounted to SEK 288.7 million (287.8 Q1 2023), which is an increase of 0.3% compared to the previous year. Adjusted for exchange rate differences, this corresponds to an increase of 2.1%. Growth in the first quarter compared to last year was negatively affected by Easter, which occurred in the second quarter last year. Excluding Easter week, growth was 4.3% in local currency. Active customers for the period were 81.5 thousand (83.6 Q1 2023). Cheffelo will invite investors, analysts and media to a webcast with Q&A, which will take place on the same day as the results for the first quarter are published. For further information, contact: Peter Bodor, Head of Corporate Communications, Cheffelo Mob: +46 706 48 70 65 Email: peter.bodor@cheffelo.com Erik Bergman, CFO, Cheffelo Mob: +46 707 74 49 73 Email: erik.bergman@cheffelo.com About Cheffelo Cheffelo (formerly LMK Group) was founded in 2008 with the vision of simplifying everyday life by offering a wide variety of inspiring recipes with ingredients delivered directly to the customer’s front door. Today, the group is a leading supplier of meal kits in the Nordics and a leader in Scandinavian foodtech. The group has operations under various brands in Sweden (Linas Matkasse), Norway (Godtlevert and Adams Matkasse) and Denmark (Retnemt). In 2023, the group had a turnover of SEK 1 billion and delivered around 15 million meals to its customers. Cheffelo is listed on the Nasdaq First North Premier Growth Market (ticker: CHEF). Certified Adviser is FNCA Sweden AB. This information is such information that Cheffelo is obliged to make public according to the EU Market Abuse Regulation. The information was provided, through the above contact persons, for publication on 2024-04-08 07:45 CEST.