Apetit Oyj · OMXHEX:APETIT
Apetit Oyj — H1 2025 Earnings Presentation
16 slides from Apetit Oyj's earnings presentation, 2025
Slide 1: Half-year Review 2025
Half-year Review 2025 Esa Mäki, CEO, Apetit Plc
Slide 2: April-June 2025: net sales and operating profit
April-June 2025: net sales and operating profit • Net sales were EUR 39.2 (37.0) million NET SALES, EUR MILLION OPERATING PROFIT, EUR MILLION • Operating profit was EUR -0.8 (-0.1) million • EBITDA was EUR 1.0 (1.5) million 4-6 2024 4-6 2025 4-6 2024 4-6 2025 • In Food Solutions, both net sales and
Slide 3: January-June 2025: net sales and operating profit
January-June 2025: net sales and operating profit • Net sales were EUR 83.0 (79.2) million NET SALES, EUR MILLION OPERATING PROFIT, EUR MILLION • Operating profit was EUR 1.5 (3.3) million • EBITDA was EUR 5.1 (6.5) million 1-6 2024 1-6 2025 1-6 2024 1-6 2025 • Operating result for the first half of
Slide 4: Profit guidance unchanged
Profit guidance unchanged • Group’s operating result is estimated to slightly decrease from the comparison year (EUR 9.3 million in 2024).
Slide 5: Strong financial position
Strong financial position EUR million 30.6.2025 30.6.2024 Working capital 26.3 21.6 Group’s net cash flow from operating activities 13.1 6.8 Group’s total equity 101.8 100.5 Group’s net debt -1.2 -6.3 Group’s Equity ratio, % 83.4 82.5 Group’s Gearing, % -1.1 -6.2 Earnings per share, EUR -0.17 0.32 G
Slide 6: Food Solutions April-June 2025: Net sales and sales volumes increased
Food Solutions April-June 2025 Net sales and sales volumes increased NET SALES, EUR MILLION 4-6 2024 4-6 2025 • Net sales were EUR 17.3 (16.5) million 16,5 17,3 • Operating profit was EUR -0.4 (-0.1) million • Both net sales and sales volumes increased slightly from the comparison period, particular
Slide 7: Harvest season
Harvest season • The outlook for the harvest season is currently moderate • The hottest period in the history of measurements and regional heavy rains weakened the harvest for frozen peas • Frozen peas are grown on a record-large area of 2,000 hectares • The success of the harvest season is ultimate
Slide 8: Oilseed Products April-June 2025: Operating profit decreased from comparison period
Oilseed Products April-June 2025 Operating profit decreased from comparison period NET SALES, EUR MILLION • Net sales were EUR 22.1 (20.7) 4-6 2024 4-6 2025 million • Operating profit was EUR 0.2 (0.7) million 20,7 22,1 • The decline in result was attributable to the price of the raw material used a
Slide 9: Harvest season
Harvest season • The cultivation areas for Finnish oilseed plants grew strongly from the previous year • The growth season of spring-sown oilseed plants has largely progressed according to expectations and the harvest outlook is at an average level • The weather conditions early in the growing seaso
Slide 10: Topical issues
Topical issues
Slide 11: Investment to the Kantvik oil milling plant
Investment to the Kantvik oil milling plant • The strategic investment of approx. EUR 2 million improves the production process of the raw material for the BlackGrain from Yellow Fields® rapeseed powder • Strongly supports the commercialisation of BlackGrain • The investment will multiply BlackGrain
Slide 12: ERP project in schedule
ERP project in schedule • The strategically important ERP project has progressed according to schedule • The new ERP system is scheduled to be implemented in Oilseed Products by the end of the year, after which all Group operations will be covered by the new system
Slide 13: Investments in cultivation development
Investments in cultivation development • Several variety trials are underway in the RypsiRapsi forum • Trials are underway in autumn oilseed plants with regard to sowing technology, among other things • Fertiliser and sowing method trials are underway in spring oilseed plants, both on a square and f
Slide 14: Monitoring of sustainability goals
Monitoring of sustainability goals • Apetit is on track to achieving its goal of reducing its Scope 1&2 emissions by 75 per cent from the baseline of 2019 • By the end of 2024, CO2 emissions related to energy used by Apetit have decreased by 73 per cent since 2019 • All packaging materials are to be
Slide 15: Increasing vegetable intake is reflected in food trends
Increasing vegetable intake is reflected in food trends • The new Finnish national nutrition recommendations, well-being, sustainability of food • The sales of Finnish frozen peas have increased sales by more than one-third over five years • The increased popularity of legumes and the ease of using
Slide 16: Thank you
thank you Apetit