Scandi Standard lifts third-quarter sales as chicken demand stays strong
Swedish chicken producer Scandi Standard posted 8% revenue growth and beat analyst expectations. Adjusted EBIT rose 18%, according to Reuters.
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what happened
Swedish chicken producer Scandi Standard reported third-quarter revenue up 8% year on year, reaching SEK 4.04 billion against a single-analyst consensus of SEK 3.91 billion. Adjusted EBIT climbed 18%, and adjusted earnings per share came in at SEK 2.19 versus SEK 1.83 a year earlier. Net income was SEK 131 million. Reuters reported these figures, citing LSEG and company data.
The company attributed the gains to steady chicken demand, better operational efficiency and fuller use of resources, plus price adjustments and stronger demand in its ready-to-eat segment. It completed a SEK 408 million rights issue to fund the Glenhaven Foods acquisition and said it is well placed to meet its 2027 financial targets, expecting continued growth in European markets.
why it matters
For investors this is a single-company report, but it shows European food producers passing cost pressures through to prices while gaining from efficiency. The rights issue and the Glenhaven integration raise questions about dilution and execution, while raw material costs remain the main variable the company says it is prepared to manage.
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- Sweden's Scandi Standard Q3 revenue rises on strong chicken demand — Reuters, 20 October 2026 at 05:38 UTC
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