Axfood AB - Company Profile
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Axfood AB (Axfood), a subsidiary of Axel Johnson AB, is a wholesaler and retailer of food and non-food products. The company’s product portfolio includes groceries, food products, body care, laundry and household cleaning products. It also offers various services including retail services, restaurant services and pharmacy services. Axfood provides logistics and distribution services through its subsidiary Dagab. The company operates retail stores under Hemkop, Willys, Tempo, Matoppet, Snabbgross, City Gross, Eurocash, Handlarn, Apohem, Urban Deli, Dagab and Axfood brands. It sells products through discount grocery chains, retail stores, and through e-commerce platforms. It serves cafes, restaurants, retailer-owned stores, foodservice operators, mini-marts, service stations, and convenience retailers. Axfood has business presence in Sweden and is headquartered in Stockholm, Sweden.
Headquarters
Sweden
Address
Solnavagen 4, Stockholm, 10769
Website
www.axfood.se
Telephone
46 8 55399000
No of Employees
14,781
Industry
Retailing
Ticker Symbol & Exchange
AXFO (STO)
Revenue (2024)
$9.1B
6.1%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
6.7%
(2024 vs 2023)
Market Cap*
$5.8B
Net Profit Margin (2024)
XYZ
0.4%
(2024 vs 2023)
* As of and is in US$
Axfood AB premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Groceries | Logistics and Distribution Services |
| Food Products | Retail Services |
| Body Care Products | Restaurant Services |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Product Recall | In April, the company recalled an additional batch of Garant Chili Cheese Nuggets over potential plastic fragment contamination. |
| 2026 | Product Recall | In February, the company recalled 250 grams of Eldorado raisins after pesticide residues were found in the product. |
| 2026 | Plans/Strategy | In February, Willys announced plans to open a new store in Hoganas in Skane, Sweden. |
Competitor Comparison
| Key Parameters | Axfood AB | Carrefour SA | Coop Group | Metro AG | ICA Gruppen AB |
|---|---|---|---|---|---|
| Headquarters | Sweden | France | Switzerland | Germany | Sweden |
| City | Stockholm | Massy | Basel | Duesseldorf | Solna |
| State/Province | - | Ile-de-France | Basel-Stadt | Nordrhein-Westfalen | Stockholm |
| No. of Employees | 14,781 | 298,604 | 97,040 | 86,740 | 27,000 |
| Entity Type | Public | Public | Private | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Caroline Berg | Chairman | Executive Board | 2025 | 59 |
| Simone Margulies | Chief Executive Officer; President | Senior Management | 2024 | 49 |
| Anders Lexmon | Chief Financial Officer | Senior Management | 2017 | 59 |
| Monica Langbo | Head - Human Resources | Senior Management | 2019 | 64 |
| Hans Bax | Managing Director - Dagab Inkop & Logistik | Senior Management | 2024 | 49 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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