Cheffelo AB
95.20
SEK
-2.50
(-2.56%)
Cheffelo AB
STO:CHEF
(Nasdaq Stockholm)
Recent
price
95.20
P/E
ratio
14.51
div
yld
10.90%
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Cheffelo AB (publ) is a Scandinavian foodtech company specializing in subscription-based home delivery of meal kits under the brands Linas Matkasse in Sweden, Godtlevert and Adams Matkasse in Norway, and RetNemt in Denmark. The company offers well-planned meal solutions featuring locally created recipes by chefs and dieticians, delivering precisely the right quantity of high-quality, hand-picked ingredients to customers. Cheffelo’s meal kits save time, reduce food waste, and provide culinary inspiration through a wide selection of recipes with customization options. Its operations span recipe creation, procurement, marketing, production, logistics, and customer service, supported by proprietary technology and a scalable supply chain. Cheffelo was founded in 2008 and is headquartered in Sweden. It has a strong local presence in the Scandinavian markets of Sweden, Norway, and Denmark, delivering approximately 15 million meals annually. The company focuses on operational excellence and enhancing customer experience through flexibility, personalized offerings, and efficient last-mile delivery, notably expanding partnerships with last-mile logistics provider Gordon in Sweden and Norway to improve distribution and environmental impact. Recent strategic initiatives include launching new product assortments such as precomposed kits and seasonal offers, and enhancing platform solutions to improve real-time delivery tracking and customer convenience. Significant recent developments include the rebranding from LMK Group to Cheffelo in October 2023, ongoing growth with a 23% net sales increase reported in Q3 2025 driven by a 64% rise in customer acquisition, and financial initiatives such as share-based incentive programs for management and employees. The company also published updated financial targets aimed at boosting growth and profitability, reflecting a commitment to expanding geographic coverage and improving supply chain and service flexibility. Cheffelo remains focused on leveraging technology and strategic partnerships to strengthen its market leadership in the Scandinavian meal kit delivery sector.