About Axfood

Axfood AB conducts food retail and wholesale business in Sweden. Retail business is conducted through the wholly owned store chains Willys and Hemköp, comprising 258 stores in all. In addition, Axfood collaborates with a large number of proprietor-run stores that are tied to Axfood through agreements. These include stores within the Hemköp chain as well as stores run under the Handlar’n and Tempo brands. In all, Axfood collaborates with approximately 820 proprietor-run stores.

B2B sales are conducted through Axfood Närlivs and the wholly owned Axfood Snabbgross chain. Wholesaling is conducted through Dagab. Axfood is listed on Nasdaq Stockholm AB’s Large Cap list. Axel Johnson AB is the principal owner, with 50.1% of the shares.

* The number of stores is updated quarterly.

The year in figures

2014 2013 2012
Net sales 38, 484 37, 522 36, 306
Operating profit 1, 447 1, 302 1, 192
Operating margin, % 3.8 3.5 3.3
Profit after financial items 1, 430 1, 278 1, 154
Profit after tax 1, 104 993 895
Earnings per share, SEK 20.88 18.80 17.06
Average number of emplyess during the year 8, 484 8, 285 8, 021


Axfood’s business mission is to develop and run successful food retail concepts based on clear and attractive customer offerings.


Through profitable growth and innovative thinking, Axfood will be the best food retail company in the Nordic region.

Business model

Axfood's business model is built upon a strong purchasing function, focus on private
label products, efficient logistics and attractive grocery stores.

Latest update: 8/28/2015 2:43 PM