Humble Group Eyes Job Cuts, Possible Disposals

Pändy confectionery, portion of nan Humble Group portfolio. Credit: @pandycandy.us / Instagram

FMCG institution Humble Group is readying to trim its workforce and research imaginable plus disposals arsenic portion of a caller “efficiency programme”. 

In a statement, nan Swedish business said it had “identified opportunities for further costs optimisation and much businesslike superior allocation”.

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The publically listed patient said it had spent 2025 looking to” accelerate by executing connected strategical maturation initiatives, expanding its profitability focus, continuing costs optimisations and building a stronger Humble Group”.

It added: “The ratio programme and nan information of a much streamlined business attraction correspond nan adjacent earthy measurement successful this development.”

Humble wants to make yearly costs savings of astir SKr80m ($8.5m), pinch astir 70 jobs crossed nan group apt to beryllium affected, nan institution said.

CEO Simon Petrén said: “As we now participate nan adjacent shape of nan group’s development, we are taking an important measurement towards a much businesslike costs structure, which is expected to fortify some profitability and rate flow.” 

Humble markets products from confectionery and sports nutrition to location and individual care.

Its portfolio includes brands specified arsenic Pro! Brands for macromolecule snacks and drinks, Jalofoods for integrated soy-based foods, and Pändy successful reduced-sugar snacks.

The institution is considering disposals, arsenic good arsenic “industrial partnerships and caller ownership structures” to streamline its operations. 

Petrén adds: “Humble Group and respective of our companies’ accrued levels of stableness and maturity alteration america to measure structural alternatives for these group companies.  

“At nan aforesaid time, this allows america to ore operations connected areas of top strategical value and profitability potential, while optimising nan group’s superior allocation into a much favourable building for early worth growth.”  

Last week, nan company group retired plans to grow its confectionery business pinch nan leasing a caller mill to double nan accumulation of soft confectionery products from its Grahns Konfektyr subsidiary. 

Humble reported a 6% emergence successful nett income to SKr3.88bn successful nan first half of 2025.

However, EBIT decreased 19.8% to SKr141m and profit aft taxation fell by 69% to SKr17m. 

In 2024, nan institution achieved nett income of SKr7.7bn, a 9% summation from nan erstwhile year.

EBIT for nan twelvemonth was SKr376m, up by 18.2%.  

Profit aft taxation turned positive, reaching SKr124m, a betterment from a nonaccomplishment of SKr106m nan erstwhile year.