Cheffelo, a leading Scandinavian supplier of meal kits and a leader in Scandinavian foodtech, today issues earlier than announced, a preliminary EBIT for the fourth quarter. The preliminary and unaudited operating profit (EBIT) for Q4 2024 amounts to approx. MSEK 29, representing an increase of approx. MSEK 13 compared to Q4 2023. That equals an operating profit (EBIT) of MSEK 41 for the full year.
Cheffelo chooses to publish this preliminary result due to a higher than anticipated increase in operating profit during the fourth quarter of 2024. Approx. MSEK 2-3 of the increased Operating profit and MSEK 8 of Net Sales versus last year is explained by one additional delivery week in 2024.
As reported in Cheffelo’s Trading update (2025-01-09) Net sales for Q4 2024 amounted to MSEK 296.6 (270.3 Q4 2023), an increase of 9.7% versus last year. Adjusted for exchange rate differences, that equals a growth of 11.1%. Net sales for the full year 2024 were MSEK 1058.2 (999.7 FY 2023), an increase of 5.8% versus last year. Adjusted for exchange rate differences, that equals a growth of 7.1%. Active customers for the fourth quarter were 69.1 thousand (68.7 Q4 2023), an increase of 0.7% versus last year.
The company’s Q4 and full year report will be published on February 19, 2025, as previously communicated.