- Business
- Scandi Standard AB (publ) (SCST.ST) produces and sells chilled, frozen, and ready-to-eat chicken products across Europe. Founded in 2013 and headquartered in Stockholm, Sweden, the company operates production facilities in Sweden, Denmark, Norway, Finland, Ireland, Lithuania, and the Netherlands; it exports to over 40 countries worldwide. It functions as a fully integrated producer across the poultry value chain, from breeding and feed production to processing, packaging, and distribution to retail and foodservice customers.
The company's core offerings span three main segments: Ready-to-Cook products, including fresh and frozen whole birds, cuts, deboned portions, seasoned, and marinated chicken; Ready-to-Eat items, such as pre-cooked meals and heated-ready products; and Other operations, encompassing eggs, bird breeding, hatching, feed milling, and by-products like feathers, offcuts, and offal repurposed for animal feed and biofuels. Scandi Standard markets its branded products under well-established local names, including Kronfågel and Ivars in Sweden, Danpo and BornholmerHanen in Denmark, Den Stolte Hane in Norway, Naapurin Maalaiskana in Finland, Manor Farm in Ireland, Vitafågeln and Bosarp domestically, and unbranded products internationally.
In its home markets of the Nordics and Ireland, the company holds leading positions with brands emphasizing local production, animal welfare, and quality; it targets premium and value-conscious consumers through differentiated protein offerings. Operations in Lithuania provide cost-efficient production for price-sensitive segments, while the Netherlands facility supports expanded breaded product capacity for export markets like Germany and the UK.
Recent developments underscore Scandi Standard's growth strategy through acquisitions and expansions. In 2024, it acquired a modern poultry processing plant in Lithuania, followed by the purchase of six additional poultry farms in early 2025 for approximately SEK 200 million, achieving supply chain self-sufficiency with up to 25,000 tonnes annual capacity and expected EBIT per kilo exceeding group targets by 2026. The company also secured breaded production lines in the Netherlands, with the first line operational and main lines slated for H1 2026; it launched a BioLPG pilot in Ireland to cut Scope 1 emissions, reported record Q3 2025 EBIT driven by Ready-to-Cook growth and 10% higher EBIT per kilogram at SEK 2.36, and anticipates 5-7% net sales growth with over 6% EBIT margin by 2027 alongside SEK 450 million in 2025 capex excluding deals.