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Investing.com -- Swedish meal kit company Cheffelo AB (ST:CHEF) reported a 23.3% increase in net sales for the third quarter of 2025, according to a trading update released Friday.
Net sales for the July-September period reached 266.4 million Swedish kronor (MSEK), up from 216.0 MSEK in the same period last year.
The company also reported growth in its customer base, with active customers in Q3 reaching 85.2 thousand, representing a 16.0% increase from 73.4 thousand in the third quarter of 2024.
Cheffelo stated that the increase in net sales is expected to contribute to an EBIT improvement of approximately 12 MSEK compared to the same period last year. This would result in an estimated EBIT of around -5 MSEK for the quarter.
The full Q3 2025 results are yet to be released by the company.
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