Lohilo Foods AB
NNGM:LOHILO3.12
SEK
0.00
(0.00%)
ISIN
SE0014262549
Return %
Stock
S&P 500
1Y
103.92
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Richard Sebastian Hertvig
- Full Time Employees
- 21
- Sector
- Consumer non-durables
- Industry
- Food: meat/fish/dairy
- Address
- Hejaregatan 30 Växjo Sweden 352 46
- IPO Date
- Oct 26, 2020
- Website
- lohilofoods.com
- Similar Companies
- Business
- Lohilo Foods AB (publ) is a Swedish food-tech company specializing in the development, production, and distribution of functional foods and premium ice creams, primarily for the Nordic market. The company's core product portfolio includes high-protein ice creams under brands such as Lohilo, Alvestaglass, Järnaglass, and Halo Top; functional beverages; protein bars; chewing gums; and snacks like chips. Lohilo targets health-conscious consumers seeking low-calorie, high-protein, and low-sugar alternatives. It operates mainly in Sweden with significant distribution across Finland, Norway, Denmark, the Netherlands, Switzerland, and China through wholesalers, retailers, convenience stores, and e-commerce platforms. Founded in 1979 with headquarters in Växjö, Sweden, Lohilo Food AB has evolved from its origins in ice cream manufacturing to a diversified food-tech enterprise. The company underwent a rebranding from Alvestaglass AB to Lohilo Foods AB in 2019 to reflect its broader product focus and strategy. Recent major corporate developments include a successful turnaround strategy marked by regained sales momentum and restored profitability, driven by prioritizing own brands, expanding exports, and implementing cost-saving measures. In 2024, Lohilo Foods initiated launches in new retail chains including Deli de Luca in Norway and Normal, capturing significant initial orders, and secured conditional approval for listing on the NGM SME market with a positive financial outlook. The company also strategically acquired a majority stake in Superfruit Scandinavia AB to bolster its functional foods category. Lohilo maintains an agile innovation pipeline with new product and flavor introductions contributing to forecasted double-digit growth in net sales for 2025. Lohilo Foods operates in the packaged foods industry within the consumer staples sector with a multi-brand strategy. Its extensive geographic footprint and omni-channel distribution model support a diverse customer base from wholesale distributors to direct retailers alongside private label partnerships. The company emphasizes functional nutrition and wellness trends through product innovation in its ice cream, protein snack, and beverage lines, positioning itself as a leading player in the Nordic premium food segment. Management under CEO Richard Hertvig continues to focus on growth acceleration and profitability enhancement, leveraging the company’s heritage and expanding brand portfolio to capture evolving market demand.