FODELIANasdaq HelsinkiPackaged FoodsIFRS · EUR

Fodelia Oyj

Fodelia is a Finnish food company group built around branded consumer and foodservice businesses. Its portfolio includes Oikia for retail and consumer e-commerce, Feelia for foodservice customers, and Fodbar, a joint venture focused on outsourced food service solutions.

Revenue54.5m EUR
+1.7 %y/y
Operating profit (EBIT)1.4m EUR
+128.5 %y/y
EBIT margin2.5%
+1.4 ppy/y
Net income0.7m EUR
+310.3 %y/y

Fiscal year 2025 · change from previous year

Development 2023–2025

0204060m EUR2023: 49 m EUR2023: EBIT 1.5 m EUR20232024: 54 m EUR2024: EBIT 0.60 m EUR20242025: 54 m EUR2025: EBIT 1.4 m EUR2025541.4
RevenueOperating profit (EBIT)

Business

Share of revenue
Retail and consumer e-commerce35 %

Packaged food sold through retail channels and direct-to-consumer online channels under Oikia.

Foodservice products45 %

Meals and food products sold to foodservice customers under the Feelia brand.

Food service outsourcing15 %

Outsourced food service solutions delivered through the Fodbar joint venture.

Juice products5 %

Juice and related beverage products produced by Marjavasu.

Customers

Fodelia sells to retail channels, online consumers, and foodservice customers that need ready-made food products with clear origin and Finnish production. Its customer base also includes organizations that outsource food service operations through Fodbar, where the value proposition is convenience, consistency, and operational support.

Retail chains

Buy Oikia-branded food products for grocery shelves and private-label style retail distribution.

Consumer e-commerce shoppers

Order food products directly online, typically valuing convenience and traceable origin.

Foodservice customers

Purchase Feelia products for cafeterias, catering, and other prepared-food use cases.

Outsourced food service clients

Use Fodbar for outsourced food service operations and related service delivery.

Strategy

Fodelia's strategy is to build branded food businesses around local production, clear origin, and product innovation. It focuses on strengthening its retail, consumer e-commerce, and foodservice platforms while using manufacturing and concept development to support differentiated customer offerings.

Strengthen branded food platformsMedium term

Branded offerings help the company differentiate on origin, quality, and customer concept rather than commodity pricing.

Develop innovative customer conceptsMedium term

Value-added concepts can deepen customer relationships and support repeat business in both retail and foodservice.

Scale outsourced food service solutionsLong term

Fodbar extends the group into service-led contracts and can broaden the addressable market beyond product sales.

Geography

Fodelia is a Finnish company with production and commercial roots in Finland, and its business model is centered on locally produced food. The available reports emphasize Finnish origin and local sourcing rather than a broad international footprint, so the company appears primarily exposed to the Finnish market and Nordic-style consumer preferences.

Risks

Fodelia is exposed to food input costs, supply availability, and consumer purchasing power, all of which can affect demand and margins in packaged food and foodservice. Its reliance on Finnish production and specific ingredients also creates sourcing concentration risk, while the food industry generally faces food safety, quality, and contract-retention risks.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Raw material price inflation1Supply chain and ingredient availability2Consumer demand weakness3Customer concentration and contract renewal4
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 inflationImpact: HighLikelihood: High

    Food production depends on agricultural and packaged input costs that can rise faster than selling prices.

    Exposure: Affects retail and foodservice product margins

  2. Supply chain and ingredient availabilityImpact: HighLikelihood: High

    The business depends on reliable sourcing and production continuity for fresh and processed food products.

    Exposure: Ingredients and packaging

  3. Consumer demand weaknessImpact: MediumLikelihood: High

    Retail and foodservice volumes can soften when household purchasing power weakens or eating patterns change.

    Exposure: Oikia and Feelia demand

  4. Customer concentration and contract renewalImpact: MediumLikelihood: Medium

    Foodservice and outsourcing businesses often depend on a limited number of larger accounts.

    Exposure: Feelia and Fodbar

Accounting

Judgemental items
Inventory valuation and obsolescence

Food inventories can lose value if shelf life shortens or demand changes, affecting cost of sales and write-downs.

Goodwill and intangible asset impairment

The group structure includes acquired businesses, so impairment testing is important for carrying values.

Working capital seasonality

Receivables, payables, and inventories can move materially between quarters in food manufacturing and distribution.

Impact: Can affect reported cash flow and short-term comparability

Joint venture accounting

Fodbar is a joint venture, so the equity method or similar treatment can affect reported earnings presentation.

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026

Fodelia Oyj (FODELIA) Revenue, Earnings & Financials 2025 – Clarifo