Scandi Standard AB (SCST) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone, and welcome to this presentation of Scandi Standard's result for Q2 2026. My name is Jonas Thunestahl, and I'm the CEO and Managing Director of Scandi Standard. I'm pleased to have Fredrik Sylvan, our CFO, by my side today. I'm also glad to report a strong growth and result in the quarter. So next slide, please. And when we look at Q2 2026, margins continue to improve. We have a 4% growth in net sales and increase in volume supported by strong demand. We have a 30% increase in EBIT and a margin of 4.9%. And it's mainly two things. It's a focus in ready to cook to climbing the value ladder and in ready to eat. It's about our growth journey and passing through our cost increase. We also see that our improvement program continued with full force, supported by significant investment in 2026. I'm also glad to present a new five-year financing in place at approved terms. So altogether, we have a strong outlook for the business in the coming period. Next slide, please. And the reason why we see a strong demand, it's related to these three value drivers for chicken. Responsible, safe and nutritious. Convenient, versatile and tasteful. And affordable because it's sustainable. So next slide, please. And here you can see the strong historical and ongoing consumer trend for chicken. On graphs on the right-hand side, you can see the long-term growth in chicken benefiting from substitution from other proteins like pork and beef. And as you can see, we're estimating a 3% volume CAGR in the Nordics and Ireland. The next slide, please. And one of those three value drivers is affordability. And it is benefiting from other proteins just because it's sustainable and affordable. Price has always been important for consumers and the focus has increased even more in...