Lavendla reaches profitability and surpasses 100 million in the Nordic region
The Bonnier Capital portfolio company Lavendla, a leading digital funeral adviser, today announced that their operations has reached profitability, as they have surpassed SEK 100 million in group-wide sales.
The record of SEK 96 million at group level in 2022 amounts to growth equivalent to 30%, despite high comparison figures from the pandemic. At the same time, Lavendla is turning to a positive operating profit (EBITDA) of +4%, for the first time since its inception in 2014.
Two of the main drivers to reach this milestone has been the recent success on the Danish market – as well as a generally growing market for digital memorial pages. The next step for the company is, according to the press release, to expand into the UK market.
Read the full press release in Swedish here.