Axfood: latest news, analysis and trading updates | ESM Magazine

Axfood Sees Strong Growth Amid High Inflation

Swedish retailer Axfood has posted 29.3% growth in net sales to SEK 35.1 billion (€3.3 billion) in the first half of its financial year.

Sweden's Axfood Reports 'Strong Growth' In First Quarter

Swedish retailer Axfood has kicked off its financial year with strong growth, market share gain and increased earnings across every business segment in the...

Sweden's Mathem Completes Merger With Mat.se

Axfood has announced that Mathem has completed the merger of Mat.se, following approval from the Swedish Competition Authority.

Sweden's Axfood Sees Growth In 'Most Eventful Year' In Its History

Swedish retailer Axfood has reported a 7.8% increase in net sales in what chief executive Klas Balkow has described as "probably the most eventful yea...

Axfood Appoints Sandra Brånstad To Its Executive Committee

Axfood has announced that it has appointed Sandra Brånstad to its executive committee, effective 1 February 2022.

Axfood Announces Strategic Partnership With Mathem

Axfood has entered into a strategic partnership with online grocery retailer Mathem and has agreed to divest the operations of Mat.se to Mathem in exchange...

Axfood Reports ‘Good Profitability’ In Third Quarter

Swedish retailer Axfood has reported good profitability despite high comparison figures in the third quarter of its financial year. Net sales increased...

Axfood Gets Green Signal To Acquire Bergendahls Food

The Swedish Competition Authority has approved Axfood's acquisition of the wholesale business Bergendahls Food as well as a minority stake in City Gross as...