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The first quarter of the year represents a strong start to 2023. Group sales are up 20.7% and Adjusted EBITDA almost doubled.

During 2022, Greenfood AB (publ) continued to consolidate its position as a leader in healthy and sustainable food. Revenue increased in all business areas, but the most significant growth occurred at Picadeli, which increased revenue by 53.3 percent compared to 2021. "This year, we have truly confirmed the scalability of Picadeli's model. Profitability accelerates as the number of salad bars and sales volume per salad bar increases," says David von Laskowski, CEO of Greenfood Group and Picadeli.

Greenfood has delivered a solid and stable performance for the fourth quarter. Net sales for Q4 increased by 19.9% over prior year, and adjusted EBITDA was stable at SEK 38.3 million compared with the same quarter 2021 (38.1).

The third quarter of the year was characterised by a robust performance despite upstream cost inflation and more price-sensitive consumers.

For the second year in a row, Greenfood's CEO David von Laskowski is a finalist for CEO of the Year in the large company category. With David as president and CEO, Greenfood has grown from being a Nordic company to becoming one of Europe's largest food groups in healthy and sustainable convenience food.

Fresh, sustainable cucumbers all year round. These will be produced at Greenfood’s and the foodtech start-up Agtira's new urbanfarming facility, operating in partnership with ICA Maxi Haninge, Sweden's largest ICA store. The new vertical cultivation method for vegetables is the first step in a joint effort towards more resource-efficient and sustainable food production. In total, at least ten cult

Picadeli’s new plastic-free lid in molded fiber has been awarded by Pentawards, a leading international competition in packaging design. Picadeli won in the sustainable design category for their plastic and PFAS-free product, which is also renewable, recyclable, biodegradable, and reduces plastic waste by approximately 120 tons per year. The lid was developed in collaboration with Stora Enso.

Leather from grape residues, silk from orange peel, and sunglasses made from potato waste. These are just a few examples of how innovative companies and innovative entrepreneurs are turning food waste into business ideas. To take the next step, and further reduce food waste, the Greenfood group is now looking for partners who see new opportunities in other leftovers from processing fruit and veget

The second quarter of the year was characterised by a focus on execution, with increased business traction for Picadeli, Greenfood’s high-tech, sustainable salad concept.