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Axfood: data

See data on the retailer’s performance and forecasts for its operations by channel.

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A guide to Sweden's grocery market and how we expect the country, its leading retailers and channels to evolve over the next five years.

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As inflation’s impact on grocery retail continues, we’ve published the second report in a quarterly series of how retailers are responding to the cost-of-living crisis.

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Axfood had a 29.3% growth in its first half of 2022 with net sales of SEK 35.1bn. Adjusted operating profits were SEK 1.5bn which was a 20.8% increase with an operating margin of 4.2%. The retailer saw an increase of 32.8% in the second quarter with a turnover of SEK 18.4mn. Adjusted operating profits amounted to SEK 828mn with an increase of 25.3% and an operating margin of 4.5%. Acquisition ...
As the channel continues to benefit from growing shopper interest, we look at developments in Sweden, France and the Netherlands. Axfood partners with online grocery retailer In Sweden, Axfood has partnered with online grocery retailer Mathem as the two parties look to create further synergies and build economies of scale. The strategic partnership will help the two develop their online off...
5-year forecasts to 2028

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