Despite global uncertainty and market turbulence, the Swedish fresh produce group achieved profitable growth with its food-to-go concept serving as the main growth engine, while consumer sentiment remained stable across Europe
Swedish fresh produce marketer Greenfood has announced its results for the second quarter of 2025 (Q2), revealing enhanced profitability across all business units.
The group described the quarter as “strong”, and said its performance ”underscores the strength of its main growth engine, a healthy and convenient food-to-go concept”.
Group adjusted EBITDA came in at SEK139.3mn, an increase of 16.1 per cent, driven by improvements in all three business areas.
Net sales for the group totalled SEK1.56bn up 2.3 per cent year-on-year, driven by 10.2 per cent growth in Picadeli and 5 per cent growth in Food.
Greenfood’s net result for the second quarter was SEK37.1mn, a drop of 11.7 per cent on the same period of 2024.
“Greenfood delivered another strong quarter,” said group president and CEO David von Laskowski. “Despite a volatile macroeconomic environment, we achieved profitable growth across the group.
He pointed out that the quarter had been shaped by global uncertainty and marker turbulence, but confirmed consumer sentiment had remained stable in Europe.
The group had enjoyed strong Nordic growth and operational improvements, von Laskowski said, also noting that Greenfood’s climate progress remained on track.
“We enter the second half of 2025 with strong momentum and a clear mission,” he continued. “Our scalable model, value-driven offering, and proven track record make us a preferred partner for retailers, and a trusted choice for millions of consumers.
”At the same time, broader trends are aligning with our direction,” von Laskowski noted. ”Consumers are demanding healthier, fresher and more sustainable food options.
“At the same time, policymakers across Europe are beginning to introduce new frameworks to encourage and reward healthier food.”
