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Apetit (APETIT) investor relations material
Apetit Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Operating result for Q1 2026 declined to a loss, impacted by the loss-making Swedish acquisition and seasonal factors.
Net sales increased 5% year-over-year to EUR 46.1 million, driven by growth in Food Solutions and the Swedish business.
Closure of the Pudasjärvi frozen pizza factory announced, with production to continue as contract manufacturing.
Automated warehouse investment at Säkylä frozen food factory to improve logistics and capacity.
Financial highlights
Net sales: EUR 46.1 million (up 5% year-over-year).
Operating result: EUR -1.4 million (down from EUR 2.3 million in Q1 2025).
EBITDA: EUR 0.9 million (down from EUR 4.1 million in Q1 2025).
Profit for the period: EUR -2.9 million (down from EUR 0.4 million in Q1 2025).
Earnings per share: EUR -0.47 (down from EUR 0.06 in Q1 2025).
Outlook and guidance
Operating result for 2026 expected to clearly decrease from 2025 (EUR 5.9 million, excluding non-recurring items).
Profit warning and lowered profit guidance issued on 16 April 2026.
- 2025 profit rose on a one-time gain; 2026 outlook cautious due to integration costs.APETIT
Q4 202523 Apr 2026 - Operating result fell on acquisition costs, but net sales grew and strategic expansion continues.APETIT
Q3 202524 Oct 2025 - Net sales rose 5% but profit fell 55% amid Oilseed Products weakness and labor disruptions.APETIT
Q2 202522 Aug 2025 - Operating result up 37% in Q3, with Food Solutions driving growth and guidance unchanged.APETIT
Q3 202413 Jun 2025 - Operating profit rose despite lower sales, with stable outlook and ongoing investments.APETIT
Q2 202413 Jun 2025 - Operating result fell 33% year-over-year, but net sales rose 4% and financial position stayed strong.APETIT
Q1 20255 Jun 2025 - Operating profit rose 24% to EUR 9.3M, driven by Food Solutions' growth.APETIT
Q4 20245 Jun 2025
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