APETITNasdaq HelsinkiPackaged FoodsIFRS · EUR

Apetit Oyj

Apetit is a Finnish company specializing in plant-based food solutions and value-added products. It focuses on sustainable and domestic agricultural production, offering a range of vegetable and oilseed products. The company aims to be a market leader in plant-based products, emphasizing innovation and sustainability in its operations. Apetit's strategy includes expanding its presence in Sweden and enhancing its product offerings to meet consumer demand for healthy and budget-friendly options.

Revenue168m EUR
+3.1 %y/y
Operating profit (EBIT)13.7m EUR
+47.3 %y/y
EBIT margin8.2%
+2.5 ppy/y
Net income9.0m EUR
+5.9 %y/y
Free cash flow5.8m EUR
+192.1 %y/y

Fiscal year 2025 · change from previous year

Development 2021–2025

0100200300m EUR2021: 284 m EUR2021: EBIT 2.8 m EUR20212022: 182 m EUR2022: EBIT 3.5 m EUR20222023: 176 m EUR2023: EBIT 7.5 m EUR20232024: 163 m EUR2024: EBIT 9.3 m EUR20242025: 168 m EUR2025: EBIT 14 m EUR2025TTM 2026: 129 m EURTTM129
RevenueOperating profit (EBIT)TTM = last 12 months, not a full fiscal year

Business

Share of revenue
Food Solutions45 %

Includes frozen vegetables and value-added food products

Oilseed Products55 %

Comprises plant-based oils and related products

Customers

Apetit's customer base includes consumers seeking affordable, healthy, and sustainable food options. The company targets health-conscious individuals who value plant-based diets and domestic production. Retailers and food service providers are also key customers, attracted by Apetit's strong brand and commitment to quality. The company's products appeal to those looking for convenience and nutritional benefits in their daily meals.

Retail Consumers

Buy frozen and plant-based products for health and convenience

Food Service Providers

Purchase bulk products for meal preparation

Retailers

Stock Apetit's products to meet consumer demand for sustainability

Strategy

Apetit's strategic priorities include expanding its plant-based product offerings and enhancing its domestic production capabilities. The company aims to strengthen its brand and increase synergies across its business units. Apetit is investing in organic growth and exploring acquisitions to accelerate its market position. The strategy also emphasizes sustainability and reducing environmental impact.

Expand plant-based offeringsMedium term

To meet growing consumer demand

Enhance domestic productionLong term

To ensure sustainability and quality

Invest in growthMedium term

To strengthen market position

Geography

Apetit operates primarily in Finland, with a strategic focus on expanding its market presence in Sweden. The company sources its raw materials domestically, emphasizing local agricultural production. Apetit's operations are concentrated in the Nordic region, where it leverages its strong brand recognition. The company's geographic strategy supports its commitment to sustainability and local sourcing.

Risks

Apetit faces risks related to raw material price fluctuations and availability, particularly in oilseed and vegetable production. The company is also exposed to market changes and consumer preferences, which can impact demand for its products. Financial risks include currency fluctuations and interest rate changes. Apetit's focus on sustainability also presents challenges in maintaining environmental standards and reducing its carbon footprint.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Raw material price fluctuations1Market changes2
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Raw material price fluctuationsImpact: HighLikelihood: High

    Affects cost structure and profitability

  2. Market changesImpact: MediumLikelihood: High

    Can impact product demand

Accounting

Judgemental items
Seasonality

Causes revenue and cost fluctuations

Impact: high

Derivative contracts

Affect financial results through hedging

Impact: medium

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026