About Axfood

Axfood conducts food retail and wholesale trade in Sweden. Retail business is conducted through the wholly owned Willys and Hemköp chains. The Group owns 252* stores. 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 and Willys chains as well as stores run under the Handlar’n and Tempo trademarks. In all, Axfood collaborates with approximately 820 proprietor-run stores Wholesale business is conducted through Dagab and Axfood Närlivs.

Axfood is listed on Nasdaq OMX StockholmAB’s Large Cap list. Axel Johnson AB is the principal owner with 50.1% of the shares. Axfood has an approximate 20% share of the food retail market in Sweden.

* The number of stores is updated quarterly.

The year in figures

2013 2012 2011
Net sales 37 522 36 306 34,795
Operating profit 1 302 1 192 1,250
Operating margin, % 3,5 3,3 3,6
Profit after financial items 1 278 1 154 1,214
Profit after tax 993 895 891
Earnings per share, SEK 18,80 17,06 16.99
Average number of emplyess during the year 8 285 8 021 7,062

Mission

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

Vision

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: 3/5/2014 11:14 AM

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