Strongest quarter ever – continued growth and improved profitability

Scandi Standard reports a successful third quarter, marked by increased net sales, improved operating profit, and progress in sustainability and production. Demand for chicken remains strong, and we are taking clear steps toward our financial targets for 2027.

During the quarter, operating profit increased by 21 per cent to SEK 185 million, while net sales rose by 11 per cent to SEK 3,723 million. Growth was driven by strong demand in our home markets and a focused improvement program, particularly within the Ready-to-cook (RTC) segment, where operating profit increased by 43%.

“The solid performance in our Home Markets, combined with the impressive joint efforts behind the ramp-up in Oosterwolde and our farms in Lithuania, is clearly visible in our third-quarter results. It’s a strong proof point of our capability to deliver as one company”, says Jonas Tunestål, CEO of Scandi Standard.

The Ready-to-eat (RTE) segment continues to grow in net sales. However, short-term profitability was impacted by rising raw material costs and start-up expenses in the Netherlands. We expect that the price adjustments made toward customers will have a positive effect in the coming quarters.nergy and raw material efficiency – building a business that’s both financially and less harmful to the environment.CDP and BRCGS.

Progress within Sustainability
Scandi Standard has also taken important steps in our sustainability efforts. During the quarter, a pilot project was launched in Ireland to replace fossil gas with BioLPG, which already shows potential to reduce Scope 1 emissions.

“To me, this is proof of our ability to move from words to action in our sustainability work and actively reduce emissions from our own operations,” says Jonas Tunestål.

Financial position
The financial position has been further strengthened through reduced net debt and increased investments, which amounted to SEK 113 million during the quarter. For the full year 2025, investments—excluding acquisitions—are expected to total approximately SEK 450 million.

Looking ahead, the development of our operations in Lithuania and the Netherlands will continue, while we intensify improvement efforts in our Home Markets.

“Scandi Standard has no plans to slow down. We are strengthening our position both locally and in the European market, laying the foundation for continued growth. I want to thank everyone for their contributions during the quarter. Your work enables Scandi Standard to continue developing and reaching our shared goals”, says Jonas Tunestål.

Please find the full report here and a presentation by Jonas Tunestål and Fredrik Sylwan here.