MSON-BNasdaq StockholmConsumer StaplesIFRS · SEK

Midsona A

Midsona is a company focused on the production and distribution of organic and health food products across various European markets. It operates through a portfolio of strong brands such as Friggs, Earth Control, and Gainomax, targeting both consumer and business segments. The company is recognized for its commitment to sustainability, having received accolades for its climate strategy and leadership. Midsona aims to strengthen its market position by focusing on organic growth and operational efficiency.

Revenue3,630m SEK
−2.6 %y/y
Operating profit (EBIT)58.0m SEK
−54.7 %y/y
EBIT margin1.6%
−1.8 ppy/y
Net income10.0m SEK
−78.7 %y/y
Free cash flow195m SEK
+63.9 %y/y

Fiscal year 2025 · change from previous year

Development 2021–2025

-1,00001,0002,0003,0004,000m SEK2021: 3,773 m SEK2021: EBIT 161 m SEK20212022: 3,899 m SEK2022: EBIT -465 m SEK20222023: 3,793 m SEK2023: EBIT 29 m SEK20232024: 3,727 m SEK2024: EBIT 128 m SEK20242025: 3,630 m SEK2025: EBIT 58 m SEK20253,63058
RevenueOperating profit (EBIT)

Business

Share of revenue
Organic Food Products40 %

Includes a range of organic food items under various brand names.

Health Food Products30 %

Comprises health-oriented food products aimed at wellness.

Consumer Health Products15 %

Products focused on consumer health and wellness.

Contract Manufacturing10 %

Manufacturing services for third-party brands.

Licensed Brands5 %

Distribution of brands licensed from other companies.

Customers

Midsona serves a diverse customer base across Europe, including individual consumers, retailers, and other businesses. The company's products are primarily targeted at health-conscious consumers who prioritize organic and sustainable products. Retailers and grocery chains are key distribution channels, providing Midsona's products to end consumers. Additionally, the company engages in contract manufacturing, serving other businesses seeking production capabilities. The focus on strong brand presence and sustainability appeals to customers looking for reliable and eco-friendly options.

Health-Conscious Consumers

Purchase organic and health food products for personal wellness.

Retailers and Grocery Chains

Distribute Midsona's products to end consumers.

Contract Manufacturing Clients

Businesses outsourcing production to Midsona.

Strategy

Midsona's strategic priorities include strengthening its position in the organic category, driving growth through brand development, and enhancing operational efficiency. The company aims to achieve organic growth of 3-5% annually and improve its EBIT margin to over 8% by 2027. Key strategies involve leveraging brand synergies, expanding in selected markets, and streamlining the value chain. These efforts are designed to enhance profitability and ensure long-term sustainability.

Strengthen Organic Category PositionMedium term

To drive growth and brand development

Expand in Selected MarketsMedium term

To increase market share and profitability

Enhance Operational EfficiencyLong term

To improve margins and reduce costs

Geography

Midsona operates primarily in Europe, with significant market presence in the Nordics, North Europe, and South Europe. Key markets include Sweden, Denmark, Finland, Norway, France, Spain, and Germany. The company has strategically positioned its operations to leverage regional strengths and consumer preferences. Manufacturing and distribution are aligned with market demands, ensuring efficient delivery and service across its geographic footprint.

Risks

Midsona faces several business and financial risks, including fluctuations in raw material prices and changes in consumer preferences towards organic products. The company is also exposed to geopolitical risks, particularly in its European markets, which could impact supply chains and distribution. Additionally, currency exchange rate fluctuations pose a risk to financial performance. Industry-specific risks include regulatory changes affecting food safety and sustainability standards. The company mitigates these risks through strategic sourcing, financial hedging, and compliance with regulatory requirements.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Raw Material Price Fluctuations1Geopolitical Risks2Currency Exchange Rate Fluctuations3
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: Medium

    Affects cost structure and profitability

  2. Geopolitical RisksImpact: MediumLikelihood: Medium

    Impact supply chains and market stability

  3. Currency Exchange Rate FluctuationsImpact: MediumLikelihood: Medium

    Affects financial performance

Accounting

Judgemental items
Revenue Recognition Timing

Impacts reported sales and comparability

Seasonal Variations

Affects quarterly sales and profitability

Goodwill Impairment

Significant due to brand acquisitions

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026