Scandi Standard AB (SCST) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning everyone and welcome to this presentation of Scandi Standard's results for Q4 2025. My name is Jonas Thunestål and I'm the CEO and Managing Director of Scandi Standard. By my side I have Fredrik Sulván, our CFO, and I'm really pleased to have him by my side today. So I'm also glad to report a strong quarter and result. So next slide please. In Q4 2025, we see a strong growth in net sales and margins. We have a 9% growth and that is mainly driven by substitutions from other proteins. Long term, we see this underlying growth in poultry and chicken. We have managed to do a 46% increase in EBIT and the margins is up to 4.5. And that is based on a solid improvement in our ready to cook business. We also have a net sales growth in ready-to-eat, but we have gradual margin improvement and recovery underway. Our integrations of our acquired entities are also on track, and we have a dividend proposal of 3.3 SEK per share, and that is up 32% compared to last year. And our outlook for 2026 is strong. Next slide, please. And here's the reason why we see a strong demand. It is related to these three value drivers for chicken. Responsible, safe and nutritious. Convenient, versatile and tasteful. And affordable because it's sustainable. Next slide, please. And here you can see the strong historical and ongoing consumer trend for chicken. The latest 10 years after 50% growth and we see a 3% volume CAGR in the Nordics and Ireland going forward. And as you can see on the graph on the right, it is a substitution from other proteins. And you can see on the right hand side, the growth of 3% in poultry. Next slide, please. And chicken is an affordable product. Price has always been important for consumers. And chicken is affordable across all segments. And this is an interesti...