Core Insights - Humble Group is increasing its investment in the confectionery sector due to strong demand growth, leasing a new factory in Skövde, Sweden for SKr135 million ($14.4 million) to double production capacity of soft confectionery products [1][2] Group 1: Investment and Production Capacity - The new factory will enable Grahns Konfektyr to double its production capacity and streamline production across multiple product categories, including hard- and soft-boiled candies, jellies, and sugar-free options [2][3] - The factory is expected to be completed by next summer, allowing Grahns to meet growing volumes for its sugar-free brand Pändy and better serve external customer demand [3] Group 2: Financial Performance - Humble Group's confectionery brands, including Pandy, Wellibites, Pitstop, and Bravokola, contribute to approximately 30% of total production at its confectionery units [4] - The sugar-free brands within the confectionery division are experiencing significant growth, with an annual increase of over 50% [5] - In 2024, Humble Group reported net sales of SKr7.71 billion, a 9% increase year-on-year, with the "future snacking" division, which includes confectionery, generating net sales of SKr975 million and an adjusted EBITDA of SKr92 million [5] Group 3: Market Expansion - The new factory is projected to contribute an additional SKr300 million in sales and SKr60 million in improved EBITDA at full capacity [6] - Humble Group's primary markets for its confectionery products are Sweden, Norway, and Denmark, with plans to expand into other European markets, including Germany, and the US, where it launched the Pändy brand last year [6]