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2025-10-23 07:00 Kvartalsrapport 2025-Q3
2025-07-11 07:00 Kvartalsrapport 2025-Q2
2025-04-24 07:00 Kvartalsrapport 2025-Q1
2025-03-19 N/A Årsstämma
2025-01-30 07:00 Bokslutskommuniké 2024
2024-10-24 - Kvartalsrapport 2024-Q3
2024-09-19 - X-dag halvårsutdelning AXFO 4.25
2024-07-12 - Kvartalsrapport 2024-Q2
2024-04-25 - Kvartalsrapport 2024-Q1
2024-03-21 - X-dag halvårsutdelning AXFO 4.25
2024-03-20 - Årsstämma
2024-02-01 - Bokslutskommuniké 2023
2023-10-24 - Kvartalsrapport 2023-Q3
2023-09-21 - X-dag halvårsutdelning AXFO 4
2023-07-14 - Kvartalsrapport 2023-Q2
2023-07-12 - Kvartalsrapport 2023-Q2
2023-04-26 - Kvartalsrapport 2023-Q1
2023-04-25 - Kvartalsrapport 2023-Q1
2023-03-23 - X-dag halvårsutdelning AXFO 4.15
2023-03-22 - Årsstämma
2023-02-01 - Bokslutskommuniké 2022
2022-10-20 - Kvartalsrapport 2022-Q3
2022-09-22 - X-dag halvårsutdelning AXFO 3.75
2022-07-15 - Kvartalsrapport 2022-Q2
2022-04-21 - Kvartalsrapport 2022-Q1
2022-03-24 - X-dag halvårsutdelning AXFO 4
2022-03-23 - Årsstämma
2022-02-03 - Bokslutskommuniké 2021
2021-10-21 - Kvartalsrapport 2021-Q3
2021-09-23 - X-dag halvårsutdelning AXFO 3.75
2021-07-15 - Kvartalsrapport 2021-Q2
2021-04-22 - Kvartalsrapport 2021-Q1
2021-03-25 - X-dag halvårsutdelning AXFO 3.75
2021-03-24 - Årsstämma
2021-02-04 - Bokslutskommuniké 2020
2020-10-22 - Kvartalsrapport 2020-Q3
2020-09-17 - X-dag halvårsutdelning AXFO 3.5
2020-07-15 - Kvartalsrapport 2020-Q2
2020-04-22 - Kvartalsrapport 2020-Q1
2020-03-19 - X-dag halvårsutdelning AXFO 3.75
2020-03-18 - Årsstämma
2020-02-06 - Bokslutskommuniké 2019
2019-10-24 - Kvartalsrapport 2019-Q3
2019-07-15 - Kvartalsrapport 2019-Q2
2019-04-25 - Kvartalsrapport 2019-Q1
2019-03-22 - X-dag ordinarie utdelning AXFO 7.00 SEK
2019-03-21 - Årsstämma
2019-02-05 - Bokslutskommuniké 2018
2018-10-24 - Kvartalsrapport 2018-Q3
2018-07-16 - Kvartalsrapport 2018-Q2
2018-04-24 - Kvartalsrapport 2018-Q1
2018-03-15 - X-dag ordinarie utdelning AXFO 7.00 SEK
2018-03-14 - Årsstämma
2018-02-06 - Bokslutskommuniké 2017
2017-10-19 - Kvartalsrapport 2017-Q3
2017-07-14 - Kvartalsrapport 2017-Q2
2017-04-20 - Kvartalsrapport 2017-Q1
2017-03-16 - X-dag ordinarie utdelning AXFO 6.00 SEK
2017-03-15 - Årsstämma
2017-02-07 - Bokslutskommuniké 2016
2016-10-20 - Kvartalsrapport 2016-Q3
2016-07-15 - Kvartalsrapport 2016-Q2
2016-04-20 - Kvartalsrapport 2016-Q1
2016-03-17 - X-dag ordinarie utdelning AXFO 5.00 SEK
2016-03-17 - X-dag bonusutdelning AXFO 4
2016-03-16 - Årsstämma
2016-02-05 - Bokslutskommuniké 2015
2015-10-21 - Kvartalsrapport 2015-Q3
2015-07-15 - Kvartalsrapport 2015-Q2
2015-04-22 - Kvartalsrapport 2015-Q1
2015-04-17 - Split AXFO 1:4
2015-03-19 - X-dag ordinarie utdelning AXFO 17.00 SEK
2015-03-18 - Årsstämma
2015-02-10 - Bokslutskommuniké 2014
2014-10-22 - Kvartalsrapport 2014-Q3
2014-10-22 - Analytiker möte 2014
2014-07-15 - Kvartalsrapport 2014-Q2
2014-04-24 - Kvartalsrapport 2014-Q1
2014-03-13 - X-dag ordinarie utdelning AXFO 15.00 SEK
2014-03-12 - Årsstämma
2014-02-04 - Bokslutskommuniké 2013
2013-10-18 - Kvartalsrapport 2013-Q3
2013-10-18 - Analytiker möte 2013
2013-07-15 - Kvartalsrapport 2013-Q2
2013-04-19 - Kvartalsrapport 2013-Q1
2013-03-14 - X-dag ordinarie utdelning AXFO 12.00 SEK
2013-03-13 - Årsstämma
2013-02-07 - Bokslutskommuniké 2012
2012-10-23 - Kvartalsrapport 2012-Q3
2012-10-23 - Analytiker möte 2012
2012-07-16 - Kvartalsrapport 2012-Q2
2012-04-27 - Kvartalsrapport 2012-Q1
2012-03-15 - X-dag ordinarie utdelning AXFO 12.00 SEK
2012-03-14 - Årsstämma
2011-10-20 - Kvartalsrapport 2011-Q3
2011-07-18 - Kvartalsrapport 2011-Q2
2011-04-20 - Kvartalsrapport 2011-Q1
2011-03-17 - X-dag ordinarie utdelning AXFO 12.00 SEK
2011-03-16 - Årsstämma
2011-02-08 - Bokslutskommuniké 2010
2010-10-26 - Kvartalsrapport 2010-Q3
2010-07-15 - Kvartalsrapport 2010-Q2
2010-03-11 - X-dag ordinarie utdelning AXFO 10.00 SEK
2010-03-10 - Årsstämma
2010-02-02 - Bokslutskommuniké 2009
2009-10-21 - Kvartalsrapport 2009-Q3
2009-07-16 - Kvartalsrapport 2009-Q2
2009-04-17 - Kvartalsrapport 2009-Q1
2009-03-11 - Årsstämma
2009-03-11 - X-dag ordinarie utdelning AXFO 8.00 SEK
2008-03-06 - X-dag ordinarie utdelning AXFO 12.00 SEK
2007-03-09 - X-dag ordinarie utdelning AXFO 12.00 SEK
2007-03-09 - X-dag bonusutdelning AXFO 8
2006-03-10 - X-dag ordinarie utdelning AXFO 9.00 SEK
2006-03-10 - X-dag bonusutdelning AXFO 6
2005-03-11 - X-dag ordinarie utdelning AXFO 6.50 SEK
2005-03-11 - X-dag bonusutdelning AXFO 4.5
2004-03-05 - X-dag ordinarie utdelning AXFO 5.50 SEK
2003-04-24 - X-dag ordinarie utdelning AXFO 5.00 SEK
2002-04-26 - X-dag ordinarie utdelning AXFO 2.50 SEK
2001-05-04 - X-dag ordinarie utdelning AXFO 0.00 SEK
2000-05-12 - X-dag ordinarie utdelning AXFO 2.60 SEK

Beskrivning

LandSverige
ListaLarge Cap Stockholm
SektorHandel & varor
IndustriDagligvaror
Axfood är verksamma inom dagligvaruhandeln. Bolaget är specialiserade inom detalj- och partihandel och inom koncernen återfinns ett flertal dagligvarukedjor, där de mer kända inkluderar Hemköp, Willys och Mat.se. Idag står den svenska marknaden för majoriteten av försäljningen och försäljning sker huvudsakligen via fysiska butiker, men bolagets varumärken erbjuder även hemkörning av varor, samt diverse matkasseleveranser. Huvudkontoret ligger i Stockholm.
2024-10-24 07:00:00

Axfood summarises a third quarter with a continued positive trend in customer traffic, increased volumes and reinforced market positions, despite high comparison figures. Profitability was impacted by additional initiatives to strengthen price positions. The quarter was also characterised by a continued strong focus on investments for the future, and the ramp-up for all stores was finalised at the new logistics centre in Bålsta. In addition, the Swedish Competition Authority recently approved the Group's City Gross acquisition, an acquisition that will strengthen competition on the market and create new opportunities for Axfood.

President and CEO Simone Margulies comments on the interim report for the third quarter 2024:

"Although comparison figures remained high, Axfood's growth for the third quarter was in line with the market, with higher volumes and a positive trend in customer traffic contributing to a 3.5% increase in retail sales. As a result, we are once again reinforcing our market positions, and conditions to continue challenging and growing.

The fact that Willys continued to defend its strong position this quarter, with growth of 3.8%, is a sign of strength. Initiatives to strengthen its price position had a negative impact on profitability during the quarter in a market with intense competition. These initiatives are implemented to secure the profile with Sweden's cheapest bag of groceries, and contributes to a continued high level of customer traffic and loyalty as well as a strengthened market position going forward. Through favourable growth of 4.5% in like-for-like sales and effective cost control, Hemköp continues to successfully and profitably navigate the traditional grocery retail segment of the market. Our restaurant wholesaler Snabbgross is taking further steps and strengthens its market position. Growth was 5.6% in the quarter, with higher volumes and an increased number of customers.
The establishment of the Group's new logistics structure continued during the quarter. Towards the end of the quarter, the final volumes of frozen food were transferred to the new logistics facility in Bålsta, which means that the ramp-up for all stores is now complete. We are now in a phase where we will gradually increase focus on operational adjustments to improve productivity and efficiency. Tests are now also under way for the roll-out of e-commerce. In addition, the expansion of the existing high-bay warehouse in Backa, Gothenburg, continued to increase the Group's capacity and efficiency. Establishing a new logistics structure is an extensive endeavour - one that continued to give rise to additional costs in the third quarter. This is however an important long term shift that will result in cost savings and greater competitiveness over time, as well as an even more efficient and sustainable product supply.

We are delighted to have recently received approval from the Swedish Competition Authority for our acquisition of City Gross, which was eagerly anticipated. We now look forward to taking over as the company's new owner on 1 November, welcoming our new colleagues to the Axfood family, and starting the work to invest in strengthening the chain's competitiveness and challenge the leading players in the hypermarket segment.
This is my first interim report as President and CEO of Axfood. In summary, we have reinforced our market positions despite high comparison figures and intense competition, and taken new steps in our investments in the future, aimed at strengthening our long-term competitiveness."

Third quarter summary
  • Net sales totalled SEK 20,902 m (20,293), an increase of 3.0%.
  • Retail sales totalled SEK 16,427 m (15,873), an increase of 3.5%.
  • Operating profit amounted to SEK 1,007 m (1,036). Operating profit in the prior year period included items affecting comparability of SEK -60 m. The operating margin was 4.8% (5.1).
  • Adjusted operating profit amounted to SEK 1,007 m (1,095). The adjusted operating margin was 4.8% (5.4).
  • Net profit for the period amounted to SEK 715 m (738) and earnings per share before dilution to SEK 3.26 (3.38).
  • On 15 August, Simone Margulies assumed the role as President and CEO of Axfood. On the same day, Shoan Etemadi assumed the role as Managing Director of Hemköpskedjan.
  • In September, a dividend of SEK 4.25 per share was paid out, the second part of the dividend to shareholders totalling SEK 8.50 per share (8.15).
Summary January - September
  • Net sales totalled SEK 62,197 m (60,342), an increase of 3.1%.
  • Retail sales totalled SEK 49,217 m (47,196), an increase of 4.3%.
  • Operating profit amounted to SEK 2,661 m (2,609). Operating profit in the prior year period included items affecting comparability of SEK -179 m. The operating margin was 4.3% (4.3).
  • Adjusted operating profit amounted to SEK 2,661 m (2,787). The adjusted operating margin was 4.3% (4.6).
  • Net profit for the period amounted to SEK 1,858 m (1,841) and earnings per share before dilution to SEK 8.54 (8.50).
Significant events after the balance sheet date
  • On 15 October, the Swedish Competition Authority approved Axfood's acquisition of City Gross. The acquisition will be completed on 1 November.

 
Axfood will present the interim report for the third quarter 2024 in a webcast at 9:30 a.m. (CET) today, 24 October 2024. The report will be presented by Simone Margulies, President and CEO, and Anders Lexmon, CFO. You can find a link to the webcast at axfood.com (https://www.axfood.com/investors/). A link to register to participate via conference call is also available at axfood.com (https://www.axfood.com/investors/). Upon registration, a telephone number and conference ID for the conference call will be provided.
 
For further information, please contact:
Alexander Bergendorf, Head of Investor Relations, Axfood AB, tel +46 73 049 18 44
 

The information herein is such that Axfood AB (publ) is required to make public in accordance with
the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person listed above, at 7:00 a.m. CET on 24 October 2024.
This document is an English translation of the Swedish original. In the event of any discrepancies, the Swedish version shall govern.