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Apetit Oyj

Sector unknown·APETIT · Nasdaq Helsinki·Fiscal year to 31/12/2025

Wind powerSolar powerGrain and agricultural commoditiesElectricityClimate change and extreme weather

Exposure profile

Raw materials and inputsMacroTechnologyRegulationEnd marketsGeography
Raw materials and inputs Grain and agricultural commodities, Electricity, Labour and wages, Water
Macro Climate change and extreme weather, Inflation, Cyber attacks and IT security risk, M&A and consolidation
Technology Wind power, Solar power, Energy efficiency
Regulation Circular economy and recycling, EU climate and energy policy, Packaging regulation and deposit schemes, ESG and sustainability reporting
End markets Consumer preference shifts, Agriculture and food production
Geography Nordics, Denmark

Derived from what the company itself writes. Empty directions mean the report doesn't mention themes of that type.

In their own words

Grouped by theme, from the management review in the annual report. A · The company itself is a verbatim quote, B · From the report is without a verified quote.

Agriculture and food production

End markets

InputNegative impact: weakens

“The main operational risks concern the availability of raw materials, the time lags between purchasing and use, and fluctuations in raw material prices.”

Annual report 2025A · The company itself

StrategyPositive impact: strengthens

“Achieving growth from diverse plant-based food solutions and added-value products is at the heart of Apetit’s strategy.”

Annual report 2025A · The company itself

StrategyPositive impact: strengthens

“As the cornerstone of Apetit’s business, company continues to invest in cooperation with growers and in Finnish prima ry production.”

Annual report 2025A · The company itself

StrategyPositive impact: strengthens

“Apetit’s operations are based in domestic raw materials and in plantbased and sustainable food solutions.”

Annual report 2025A · The company itself

StrategyPositive impact: strengthens

“Growing the cultivation area of domestic peas and oilseed plants and investing in added-value products and added value growth play a significant role in Apetit’s strategy.”

Annual report 2025A · The company itself

StrategyPositive impact: strengthens

“Apetit also aims to increase the use of domestic plant -based proteins.”

Annual report 2025A · The company itself

StrategyPositive impact: strengthens

“Strategic focus areas and key measures in 2025 Stronger together As the cornerstone of our business, we invest in cooperation with growers and in Finnish primary production.”

Annual report 2025A · The company itself

StrategyPositive impact: strengthens

“We increase the volume and cultivation area of strategically significant plants.”

Annual report 2025A · The company itself

StrategyPositive impact: strengthens

“Key measures in 2025: ● Acquisition of Foodhills: strong platform to Sweden and significant increase on volume of frozen peas ● Project activity and cultivation tests by RypsiRapsi-foorumi to increase domestic oilseed production More domestic plant proteins We continue the commercialisation of the BlackGrain rapeseed ingredient towards an industrial scale.”

Annual report 2025A · The company itself

StrategyPositive impact: strengthens

“We promote the cultivation of domestic pulses.”

Annual report 2025A · The company itself

StrategyPositive impact: strengthens

“We explore opportunities to produce Finnish pea protein.”

Annual report 2025A · The company itself

StrategyPositive impact: strengthens

“We use domestic plant proteins in our own production in diverse ways.”

Annual report 2025A · The company itself

StrategyPositive impact: strengthens

“Growth will be pursued particularly from frozen peas, the Swedish market, and BlackGrain from Yellow Fields® rapeseed powder.”

Annual report 2025A · The company itself

StrategyPositive impact: strengthens

“In December 2020, the European Commission granted a novel food authorisation for Apetit’s rapeseed powder, the BlackGrain from Yellow Fields. In 2025, Apetit launched a strategic investment in Kantvik’s vegetable oil milling plant to improve the raw material production process for BlackGrain from Yellow Fields® rapeseed powder and to multiply its production capacity.”

Annual report 2025A · The company itself

StrategyPositive impact: strengthens

“In 2023, Apetit launched a project to produce Finnish pea protein. Opportunities for domestic production are examined for the entire value chain.”

Annual report 2025A · The company itself

Market

“Its product groups include frozen vegetables, frozen ready meals and vegetable oils and rapeseed expeller.”

Annual report 2025A · The company itself

Market

“Overview Of Operating Segments FOOD SOLUTIONS Net sales in the Food Solutions segment amounted to EUR 77.7 (75.8) million in January–December. Operating profit was EUR 14.3 (8.1) million.”

Annual report 2025A · The company itself

Market

“OILSEED PRODUCTS Net sales in the Oilseed Products segment were EUR 90.4 (87.4) million in January–December. Operating profit was EUR 2.2 (4.2) million.”

Annual report 2025A · The company itself

Market

“Products and packaging solutions The novelty products of Apetit for 2025 included, among other things, new frozen vegetable mixes, plant-based patties that make everyday life easier and frozen pizzas. One of the novelty products was the Vegan Burger Patty, which contains Apetit BlackGrain from Yellow Fields® rapeseed powder.”

Annual report 2025A · The company itself

Market

“Apetit produces a diverse range of options to promote plant-based and sustainable eating, as well as high-quality raw materials for further processing.”

Annual report 2025A · The company itself

Market

“QUALITY AND PRODUCT SAFETY Product quality and product safety are key factors in Apetit’s operations. Apetit Group’s production facilities in Säkylä, Kantvik and Pudasjärvi have food safety systems certified in accordance with the GFSI standard: BRCGS in Säkylä and Pudasjärvi and food safety systems according to FSSC 22000 standard in Kantvik and Bjuv.”

Annual report 2025A · The company itself

Chains in: Grain and agricultural commodities mixed effect, Climate change and extreme weather weakens, Grocery retail and private label weakens

Consumer preference shifts

End markets

DriverPositive impact: strengthens

“The national nutritional recommendations recommend eating a wide variety of vegetables, increasing the consumption of vegetables, root vegetables and legumes, and using vegetable oils daily.”

Annual report 2025A · The company itself

DriverPositive impact: strengthens

“Apetit’s most significant climate-related opportunities are related to changes in consumer behaviour, with eating habits shifting towards more plant-based diets and climate-friendly consumption. Apetit’s sustainable food solutions and plant -based food products support planetary health diets very well.”

Annual report 2025A · The company itself

DriverPositive impact: strengthens

“Climate action and sustainable alternatives are increasingly important factors in consumption decisions.”

Annual report 2025A · The company itself

Market

“Apetit improves its products and creating brand new products to provide easy, delicious plant-based products for different meal situations for people who value food that tastes good, is healthy and is produced responsibly.”

Annual report 2025A · The company itself

Chains out: this mixed effect Beer and beverages

Solar power

Technology

InputNegative impact: weakens

“The use of energy produced with renewable natural resources and the development of energy efficiency have reduced the carbon footprint of Apetit Group’s Scope 1&2 emissions by 80 per cent from 2019. In 2025, of all the energy used at Apetit’s production plants, 81 per cent were from renewable sources.”

Annual report 2025A · The company itself

StrategyPositive impact: strengthens

“The climate impacts of operations Apetit has reduced the Group’s Scope 1&2 emissions by 80 per cent from 2019. The emissions reductions has been achieved by investing in renewable energy.”

Annual report 2025A · The company itself

Wind power

Technology

InputNegative impact: weakens

“The use of energy produced with renewable natural resources and the development of energy efficiency have reduced the carbon footprint of Apetit Group’s Scope 1&2 emissions by 80 per cent from 2019. In 2025, of all the energy used at Apetit’s production plants, 81 per cent were from renewable sources.”

Annual report 2025A · The company itself

StrategyPositive impact: strengthens

“The climate impacts of operations Apetit has reduced the Group’s Scope 1&2 emissions by 80 per cent from 2019. The emissions reductions has been achieved by investing in renewable energy.”

Annual report 2025A · The company itself

Chains in: Interest rates weakens, Energy security strengthens
Chains out: this strengthens Steel, strengthens Rare earths and critical raw materials, strengthens Renewables auctions and subsidies, strengthens Power grid expansion

EU climate and energy policy

Regulation

StrategyPositive impact: strengthens

“Key measures in 2025: ● Meeting emission reduction targets: reducing energyrelated CO2 emissions by 80 per cent from 2019 ● Changing all the packaging materials of Apetit products sold through retail channels to recyclable Financial objectives EBIT will be > EUR 9 million (in 2025: EUR 5.9 million, excluding the non-recurring impact of the Foodhills acquisition) Return on capital employed (ROCE %) > 8% (2025: 11.7) RENEWED STRATEGY FOR 2026-2028 Apetit Plc published its strategy for 2026 -2028 in December 2025.”

Annual report 2025A · The company itself

StrategyPositive impact: strengthens

“Its sustainability work is guided by its strategy, operating policy and Code of Conduct, as well as its procurement principles, which are based on the UN Global Compact initiative.”

Annual report 2025A · The company itself

StrategyPositive impact: strengthens

“The climate impacts of operations Apetit has reduced the Group’s Scope 1&2 emissions by 80 per cent from 2019. The emissions reductions has been achieved by investing in renewable energy.”

Annual report 2025A · The company itself

Chains out: this strengthens Circular economy and recycling, strengthens Energy efficiency

M&A and consolidation

Macro

StrategyPositive impact: strengthens

“We make strategic investments to speed up organic growth. We are open for business acquisitions to allow inorganic growth.”

Annual report 2025A · The company itself

StrategyPositive impact: strengthens

“Key measures in 2025: ● Acquisition of Foodhills: strong platform to Sweden and significant increase on volume of frozen peas ● Project activity and cultivation tests by RypsiRapsi-foorumi to increase domestic oilseed production More domestic plant proteins We continue the commercialisation of the BlackGrain rapeseed ingredient towards an industrial scale.”

Annual report 2025A · The company itself

Nordics

Geography

StrategyPositive impact: strengthens

“We increase food exports and strengthen our position in Sweden.”

Annual report 2025A · The company itself

Geography

“The company’s main market areas are in Finland and Sweden.”

Annual report 2025A · The company itself

Packaging regulation and deposit schemes

Regulation

StrategyPositive impact: strengthens

“Key measures in 2025: ● Meeting emission reduction targets: reducing energyrelated CO2 emissions by 80 per cent from 2019 ● Changing all the packaging materials of Apetit products sold through retail channels to recyclable Financial objectives EBIT will be > EUR 9 million (in 2025: EUR 5.9 million, excluding the non-recurring impact of the Foodhills acquisition) Return on capital employed (ROCE %) > 8% (2025: 11.7) RENEWED STRATEGY FOR 2026-2028 Apetit Plc published its strategy for 2026 -2028 in December 2025.”

Annual report 2025A · The company itself

StrategyPositive impact: strengthens

“During 2025, Apetit changed the packaging of all of its products sold in retail under the Apetit brand to recyclable material, in accordance with the goal set in the corporate responsibility program.”

Annual report 2025A · The company itself

Circular economy and recycling

Regulation

StrategyPositive impact: strengthens

“We ensure that social responsibility is realised throughout the value chain.”

Annual report 2025A · The company itself

Chains in: EU climate and energy policy strengthens

Energy efficiency

Technology

StrategyPositive impact: strengthens

“Apetit participates in the Energy Efficiency Agreement system of Finnish industries and has committed to implementing the Food and Drink Industry Action Plan. The target for improving energy use in the food industry is 7.5 per cent for the 2017–2025 agreement period.”

Annual report 2025A · The company itself

Chains in: Carbon tax and ETS prices strengthens, EU climate and energy policy strengthens

ESG and sustainability reporting

Regulation

StrategyPositive impact: strengthens

“Its sustainability work is guided by its strategy, operating policy and Code of Conduct, as well as its procurement principles, which are based on the UN Global Compact initiative.”

Annual report 2025A · The company itself

Electricity

Raw materials and inputs

InputNegative impact: weakens

“In 2025, 81 per cent of all the energy used by Apetit in its production plants was from renewable sources.”

Annual report 2025A · The company itself

InputNegative impact: weakens

“The direct environmental impacts of Apetit’s Food Solutions business are related to energy and water consumption and the treatment of process side streams and waste.”

Annual report 2025A · The company itself

InputNegative impact: weakens

“In the Oilseed Products business, environmental impacts are mainly related to energy consumption and the bleaching clay used in processing.”

Annual report 2025A · The company itself

InputNegative impact: weakens

“In 2025, Apetit’s energy consumption was 0.5 (0.5) MWh per tonne produced.”

Annual report 2025A · The company itself

Chains in: Data centres strengthens, Electrification strengthens
Chains out: this strengthens Power grid expansion

Grain and agricultural commodities

Raw materials and inputs

InputNegative impact: weakens

“The operating result of Oilseed Products was weakened by a decline in the sales of refined oils and the unfavourable sales mix between different product categories as well as the price of the raw material used. 'The performance of Oilseed Products was also weakened by the overtime and shift change bans related to the collective agreement negotiations in the first half of the year and challenges in security of supply, which were partly reflected in lost seasonal sales.”

Annual report 2025A · The company itself

InputNegative impact: weakens

“The prices of oilseeds are determined in the world market. In Oilseed Products, limits are defined for open price risks.”

Annual report 2025A · The company itself

Chains out: this strengthens Beer and beverages, mixed effect Agriculture and food production

Climate change and extreme weather

Macro

DriverNegative impact: weakens

“The decline in the result of Food Solutions was particularly attributable to a delay in the autumn season of harvest season production and the weather-related challenges during the frozen pea harvest season, which meant that part of the cultivated area could not be harvested.”

Annual report 2025A · The company itself

DriverNegative impact: weakens

“Apetit manages this risk particularly by developing cultivation methods and conducting tests on different plant varieties. The financial impacts of changes in the harvest levels may be significant in the short term.”

Annual report 2025A · The company itself

DriverNegative impact: weakens

“In the long term, climate change may also lead to growing disease pressures due to changes in the cultivation conditions, for example.”

Annual report 2025A · The company itself

Chains out: this weakens Agriculture and food production

Labour and wages

Raw materials and inputs

DriverNegative impact: weakens

“The prolonged collective agreement negotiations that burdened the first half of the year and the related overtime and shift change bans and strike days also had a negative impact on business operations.”

Annual report 2025A · The company itself

DriverMixed impact: mixed

“Aspects related to personnel are discussed in more detail in the People section of Apetit’s annual report.”

Annual report 2025A · The company itself

Cyber attacks and IT security risk

Macro

DriverNegative impact: weakens

“Fire, serious process disruptions or other reasons leading to disruption of production, or defects in raw materials or final products affecting food safety can lead to major property damage, losses from production interruptions, liabilities and other indirect adverse effects on the company’s operations.”

Annual report 2025A · The company itself

Chains out: this strengthens Cybersecurity (products and services)

Inflation

Macro

DriverNegative impact: weakens

“The main operational risks concern the availability of raw materials, the time lags between purchasing and use, and fluctuations in raw material prices.”

Annual report 2025A · The company itself

Chains out: this weakens Consumer spending, strengthens Interest rates

Water

Raw materials and inputs

InputNegative impact: weakens

“The direct environmental impacts of Apetit’s Food Solutions business are related to energy and water consumption and the treatment of process side streams and waste.”

Annual report 2025A · The company itself

Currency exposure

Macro

DriverMixed impact: mixed

“The Group operates in international markets and is thus exposed to currency risks arising from changes in exchange rates.”

Annual report 2025A · The company itself

Denmark

Geography

Geography

“The company’s main market areas are in Finland and Sweden.”

Annual report 2025A · The company itself

Competitors mentioned in the report

No named competitors in the report.

Financial figures

Revenue
latest fiscal year
0.17 bn EUR
Revenue growth
vs. the year before, same method
3.1 %
EBITDA
reported by the company
0.02 bn EUR
Net debt
debt incl. leasing minus cash
N/A
Diluted EPS
per share
1.44 EUR

Source: annual report (ESEF) A. See the report

Criteria

Profit✓
Growing✓
Healthy balance sheetN/A

Only the criteria that can be computed from financial statements on this page. The remaining criteria (such as price and dividend) need a share price and are in the analysis.

Figures are in the report's currency (EUR), not converted to DKK. Quotes are shown as the company's own words in the report's original language.

This page describes what the company itself writes. It isn't an assessment and isn't a recommendation. Run an analysis to see how the company connects to your view.