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Axfood CEO Says 2017 Was 'Outstanding' Year, Plans Future Development

Published on Feb 26 2018 1:00 PM in Retail tagged: Trending Posts / Axfood / Klas Balkow / Swedish retail

Axfood CEO Says 2017 Was 'Outstanding' Year, Plans Future Development

The chief executive of Swedish retail group Axfood has described 2017 as an 'eventful year with outstanding sales growth.'

In the group's annual report, he points to acquisitions, new stores, and an accelerated e-commerce rollout as drivers of growth, with senior leadership changes also marking a significant twelve months for the company.

"In summing up my first year, I find the high level of energy and many activities throughout the group to be striking," said Klas Balkow, who was appointed CEO at the beginning of 2017.

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