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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.

Latest News

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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%.

More News

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...
With private label share of sales rising across much of Western Europe, we’ve published a series of three brand new reports for IGD Retail Analysis subscribers: Private label in Europe Private label trends in Western Europe 10 retailers winning in private label in Western Europe Here are some of the key highlights: 1. France, Portugal and Spain are am...
European retailer alliance EMD has appointed a new president. Johan Neuman becomes new president EMD has appointed John Neuman as its new president, taking over from Maniele Tasca, who has held the position since 2017. Neuman, who has been a member of EMD’s board of directors since 2007, is the general manager for private label at Dagab, the purchasing and logistics arm of Sweden's Axfood. ...
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