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 beverages, kitchen supplies, pharmacy products, laundry products, diapers, and wet wipes. Axfood operates retail stores under Hemkop, Willys, Tempo, Mat.se, Snabbgross, Middagsfrid, Eurocash, Handlarn, Apohem, Urban Deli and Dagab brands. The company also offers logistics and distribution services through its subsidiary Dagab. 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, 11365
Website
www.axfood.se
Telephone
46 8 55399000
No of Employees
13,185
Industry
Retailing
Ticker Symbol & Exchange
AXFO (STO)
Revenue (2022)
$7.6B
10.4%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-0.1%
(2022 vs 2021)
Market Cap*
$5.8B
Net Profit Margin (2022)
XYZ
-9.4%
(2022 vs 2021)
* As of and is in US$
Axfood AB premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Groceries | Services |
| Food Products | Logistics and Distribution Services |
| Body Care Products | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In June, the company and Alight signed a power purchase agreement to build Sweden’s largest solar park by threefold. |
| 2023 | Contracts/Agreements | In June, the company selected Westpay as a payment solution provider. |
| 2023 | Contracts/Agreements | In January, the company extended its collaboration with Tele2 AB (publ) (Tele2) for building and maintaining a wireless network in the group's new logistics facility. |
Competitor Comparison
| Key Parameters | Axfood AB | Coop Group | Metro AG | ICA Gruppen AB | Lidl Sverige KB |
|---|---|---|---|---|---|
| Headquarters | Sweden | Switzerland | Germany | Sweden | Sweden |
| City | Stockholm | Basel | Duesseldorf | Solna | Solna |
| State/Province | - | Basel-Stadt | Nordrhein-Westfalen | Stockholm | - |
| No. of Employees | 13,185 | 94,790 | 91,201 | 27,100 | - |
| Entity Type | Public | Private | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Mia Brunell Livfors | Chairman | Executive Board | 2016 | 59 |
| Klas Balkow | President; Chief Executive Officer | Senior Management | 2017 | 59 |
| Anders Lexmon | Chief Financial Officer | Senior Management | 2017 | 56 |
| Eva Pettersson | Managing Director - Snabbgross | Senior Management | 2014 | 58 |
| Sara Kraft Westrell | Head - Corporate Communications | Senior Management | 2018 | 50 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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