Cheffelo AB (CHEF) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning from a sunny Stockholm. Thank you for your interest in Sheffalo and welcome to this presentation of our first quarter result. My name is Walker Kinman. I'm the CEO of Sheffalo here today together with Erik Bergman, our CFO. I will take a few minutes to give you a short intro on the company and then take you through our prepared remarks on the Q1 development before Erik gives you a run through on the financials. We'll then take your questions, which you can fill in on the form located to the right of the broadcast. All right, so let's start with a little about Shuffalo. Every evening, families across the Nordics face the same question, and that's what's for dinner. Sheffalo solves that daily moment for tens of thousands of households every week, and our ambition is to do it better than anyone else. We've been pioneers in the meal kit category for more than two decades. We run a proven, profitable, dividend-paying business, and we operate trusted local brands in each market. Those are Gotthebert in Norway, Lines Motkasse in Sweden, and Ratnent in Denmark. At the heart of our service is a simple promise, meals that unite families. By removing the stress of planning, shopping, and deciding what to cook, we make it easier to put nutritious, well-balanced, and great-tasting food on the table. With the widest variety of recipes in the meal kit category tailored to different preferences and dietary needs, we keep customers engaged over time. And because this whole experience is powered by our own tech platform and data, we can keep improving it also over time. turning everyday dinners into recurring revenue, strong loyalty, and attractive unit economics for our investors. Our business is built on a demand-driven subscription model for meal kits. Customers choose...