Company Scandi Standard AB (publ)

Equities

SCST

SE0005999760

Market Closed - Nasdaq Stockholm Other stock markets 11:29:47 2024-04-26 am EDT			5-day change	1st Jan Change
75.5 ^SEK	+0.80%		+1.62%	+31.30%

Feb. 09	Transcript : Scandi Standard AB, Q4 2023 Earnings Call, Feb 09, 2024
Feb. 09	Scandi Standard AB Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	CI

Business Summary

Scandi Standard publ AB is a Sweden-based company that offers chicken-based food products. The Company is operational through Kronfagel AB in Sweden (including SweHatch AB and AB Skanefagel), Scandinavian Standard AS, formerly Cardinal Foods AS, in Norway and Danpo A/S in Denmark. Scandi Standard publ AB produces and sells fresh and frozen chicken as well as other chicken products through its brands Kronfagel, Danpo and Den Stolte Hane and through private label. In addition to chicken production, the Norwegian operations also include egg sales and turkey as well as duck products. Kronfagel AB is a chicken producer, SweHatch AB is an egg hatchery company, and Skanefagel supplies locally produced chicken products to Swedish retail stores, food service/catering and restaurants. Furthermore, Scandinavian Standard AS is engaged in the white meat and egg market, and Danpo A/S is engaged in the production of chicken products.

Number of employees: 3,220

Sales per Business

SEK in Million	2022	Weight	2023	Weight	Delta
Ready-to-cook 73.6 %	8,674	71.6 %	9,577	73.6 %	+10.41%
Ready-to-eat 22.1 %	2,949	24.3 %	2,873	22.1 %	-2.58%
Other/Eliminations 4.3 %	496	4.1 %	564	4.3 %	+13.71%

Sales per region

SEK in Million	2022	Weight	2023	Weight	Delta
Sweden 28.1 %	3,458	28.5 %	3,658	28.1 %	+5.78%
Ireland 19.4 %	1,992	16.4 %	2,530	19.4 %	+27.01%
Norway 16.9 %	2,076	17.1 %	2,199	16.9 %	+5.92%
Denmark 15.1 %	1,964	16.2 %	1,967	15.1 %	+0.15%
Finland 7.8 %	869	7.2 %	1,009	7.8 %	+16.11%
Germany 5.9 %	827	6.8 %	767	5.9 %	-7.26%
Rest of Europe 4.2 %	675	5.6 %	547	4.2 %	-18.96%
United Kingdom 1.3 %	177	1.5 %	175	1.3 %	-1.13%
Rest of the World 1.2 %	82	0.7 %	162	1.2 %	+97.56%

Managers

Managers	Title	Age	Since
Lars Jonas Tunestål CEO	Chief Executive Officer	45	22-03-31
Göran Matz CTO	Chief Tech/Sci/R&D Officer	57	18-03-31
Henrik Heiberg IRC	Investor Relations Contact	-	16-10-31
Tommi Saksala PRN	Corporate Officer/Principal	55	13-12-31
Alf Magnus Lagergren PRN	Corporate Officer/Principal	64	13-12-31

Members of the board

Members of the board	Title	Age	Since
Johan Bygge CHM	Chairman	68	20-12-31
Pia Magnhild Helena Gideon BRD	Director/Board Member	70	22-05-03
Cecilia Lannebo BRD	Director/Board Member	51	21-04-30
Öystein Engebretsen BRD	Director/Board Member	44	17-04-24
Nils Johan Henrik Hjalmarsson BRD	Director/Board Member	48	20-05-14
Paulo Gaspar BRD	Director/Board Member	37	22-08-21
Karolina Valdemarsson BRD	Director/Board Member	47	23-05-04

Shareholders

Name	Equities	%	Valuation
Investment AB Öresund (Investment Company) 15.29 %	10,100,000	15.29 %	68 M kr
Lantmännen Animalieinvest AB 10.00 %	6,606,850	10.00 %	44 M kr
Eva Qviberg 4.696 %	3,102,000	4.696 %	21 M kr
PRI Pensionsgaranti 4.540 %	2,998,838	4.540 %	20 M kr
Mats Qviberg 3.678 %	2,429,430	3.678 %	16 M kr
Nordea Investment Management AB 3.288 %	2,172,292	3.288 %	15 M kr
Danske Capital AB 2.650 %	1,750,312	2.650 %	12 M kr
CRUX Asset Management Ltd. 2.052 %	1,355,240	2.052 %	9 M kr
Öystein Engebretsen 1.672 %	1,104,250	1.672 %	7 M kr
FIL Gestion SASU 1.397 %	922,801	1.397 %	6 M kr

Company contact information

Scandi Standard AB

Strandbergsgatan 55

112 51, Stockholm

+46 1 04 56 13 00

http://www.scandistandard.com

Group companies

Name	Category and Sector
Danpo A/S Danpo A/S Agricultural Commodities/MillingProcess Industries Danpo A/S operates a poultry slaughterhouse. It offers chicken to food companies, such as ready meals, sausages and charcuterie, conserves, and animal feed. The company is headquartered in Give, Denmark.	Agricultural Commodities/Milling
Kronfågel AB Kronfågel AB Food: Meat/Fish/DairyConsumer Non-Durables Kronfågel AB processes, markets, and sells chicken. It offers a wide range of fresh, chilled, and frozen chicken as well as organic chicken. The firm’s brands include Kronfågel, Danpo, Den Stolte Hane, Naapurin Maalaiskana, and Manor Farm. The company is headquartered in Stockholm, Sweden.	Food: Meat/Fish/Dairy
Den Stolte Hane AS Den Stolte Hane AS RestaurantsConsumer Services Den Stolte Hane AS offers a wide and excellent range of products of chicken, turkey and eggs. It offers grilled chicken salad, grilled chicken wings, thighs, mince, and drumsticks. The company was founded in 2004 and is headquartered in Gjøvik, Norway.	Restaurants
Carton Bros. ULC Carton Bros. ULC Agricultural Commodities/MillingProcess Industries Carton Bros. Ltd. produces chicken and chicken recipes. The firm's products include chicken mince, omega 3 chicken, everyday chicken, free range chicken and cook on the bag. The company was founded in 1775 and is headquartered in Clonee, Ireland.	Agricultural Commodities/Milling
Scandinavian Standard Nordic AB Scandinavian Standard Nordic AB Miscellaneous Commercial ServicesCommercial Services Scandinavian Standard Nordic AB engages in the provision of management consulting services. the company is headquartered in Stockholm, Sweden.	Miscellaneous Commercial Services