Scandi Standard Q2 profit jumps on strong chicken demand
Nordic producer acquires Swedish facility to secure long-term capacity
17 July 2026
1 minute read
By: Scandi Standard reported a 30% rise in second-quarter operating profit to SEK 179 million, with net sales up 4% to SEK 3,691 million, as strong chicken demand and efficiency improvements drove earnings growth across the Nordic producer's markets, the company announced.
The operating margin improved to 4.9% from 3.9% a year earlier. Chicken processed in the quarter rose 3% to 76,000 tonnes. Income for the period reached SEK 118 million, up from SEK 84 million, with earnings per share of SEK 1.80.
The ready-to-cook segment reported operating income of SEK 156 million, up 36% year on year, with Scandi Standard's Swedish brand Kronfågel recognised by YouGov as the fastest-growing fast-moving consumer goods brand in its category. The ready-to-eat segment increased net sales 12% to SEK 792 million, with operating income up 43% to SEK 32 million.
In May, Scandi Standard acquired the Valla production facility in Sweden, which it had previously leased, for SEK 270 million. The company said the acquisition is strategically important for securing long-term production capacity and improving profitability. During the quarter it also acquired Danish poultry producer DanBroiler and invested in hatchery infrastructure in Finland.
For the first half of 2026, net sales rose 8% to SEK 7,375 million at constant exchange rates, with operating profit up 32% to SEK 346 million and a margin of 4.7%.
CEO Jonas Tunestål said demand for chicken remains strong and that geopolitical uncertainty, particularly its impact on energy and feed costs, remains elevated. The company said its local presence and increasingly integrated business model position it well to manage cost variations while continuing to grow.
