Logotype for Cheffelo

Cheffelo (CHEF) investor relations material

Cheffelo Q2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Cheffelo
Q2 2025 earnings summary20 Aug, 2025

Executive summary

  • Net sales grew 9.6% in H1 (12% in local currency), with Q2 up 1.9% (5.1% ex-currency); growth driven by customer acquisition, higher AOV, and retention, especially in Norway and Sweden.

  • EBIT increased by 42% to SEK 41.9 million in H1, with margin rising to 7% and Q2 margin at 8.2%.

  • Net profit for Q2 was SEK 17.0 million (up from 13.9), and for H1 was SEK 33.2 million (up from 20.1).

  • Add-on and grocery revenue grew by 50% in H1, with basket penetration rising and Q2 A&G sales up nearly 44%.

  • Norway led with almost 19% local currency growth in H1, Sweden grew 9%, and Denmark contracted by just over 2%.

Financial highlights

  • H1 net sales up 9.6% (12% ex-currency); Q2 net sales up 1.9% (5.1% ex-currency).

  • H1 EBIT up 42% to SEK 41.9 million; Q2 EBIT up 9.9% to SEK 21.4 million.

  • Contribution margin in Q2 was 30.3%, H1 at 31.6%.

  • Cash flow from operating activities before working capital changes was SEK 56.8 million in H1; free cash flow for H1 was SEK 26.8 million.

  • Equity/assets ratio at 60.3%; net debt position is negative (net cash).

Outlook and guidance

  • Full-year net sales growth expected to exceed 8% target, with double-digit growth anticipated in Q3 despite currency headwinds.

  • EBIT expected to be negative in Q3 due to seasonality and higher marketing spend, but underlying growth remains strong.

  • Norway projected to maintain high growth; Sweden to continue solid growth; Denmark focus on returning to profitable growth.

  • Contribution margin expected to exceed 31% annually, though Q3 will be seasonally lower.

  • Q4 expected to return to higher profitability following seasonal patterns.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Cheffelo earnings date

Logotype for Cheffelo
CMD 202522 Oct, 2025
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Cheffelo earnings date

Logotype for Cheffelo
CMD 202522 Oct, 2025

The essential earnings season companion

The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Cheffelo develops and markets meal kits for the home delivery to consumers in Sweden, Norway, and Denmark. The company offers dinner kits that contain ingredients required to cook dinner at home. Cheffelo is the leading meal kit group in the Nordic region. The concept is to make it easy for consumers to cook delicious meals at home for a given price point per serving. The consumer does not need to go shopping, just go online and order the desired number of meals, which are delivered on a weekly basis.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage