Axfood - food industry company news 
SWEDEN: Axfood "steady" following Q3
20 October 2011
Swedish retailer Axfood has posted a slight rise in operating profit but a drop in like-for-like sales in its third quarter results
SWEDEN: Axfood H1 profits up, LFL sales fall
19 July 2011
Swedish retailer Axfood saw its half-year profits climb by more than 6% on the back of higher revenues, although its like-for-like sales fell during the first six months of the year.
SWEDEN: Axfood appoints Holmstedt as acting purchasing director
13 June 2011
Swedish grocery retailer and distributor Axfood has appointed Hans Holmstedt as its acting purchasing director.
SWEDEN: Axfood Hemköp banner to grow
9 June 2011
Swedish grocery operator Axfood today (9 June) announced that some 50 Vi Retailers' Association stores in Stockholm will join its Hemköp banner.
SWEDEN: Vi Retailers set to join Axfood banner
28 April 2011
Swedish retailer Axfood has welcomed Vi Retailers' Association's recommendation that its members sign individual chain agreements to join its Hemköp banner.
SWEDEN: Axfood profits dip on flat sales
20 April 2011
Swedish grocery retailer and wholesaler Axfood has revealed a decline in first-quarter profits on sluggish sales.
SWEDEN: Axfood shares down despite record results
8 February 2011
Swedish grocery retailer and wholesaler Axfood saw its share price fall today (8 February) despite recording record full-year results.
SWEDEN: Axfood profit growth accelerates
26 October 2010
Swedish food wholesaler and retailer Axfood saw its profit growth accelerate during the third quarter of 2010.
SWEDEN: Axfood sales, earnings grow in H1
16 July 2010
Swedish food wholesaler and retailer Axfood has posted higher sales and earnings for the first half of 2010.
SWEDEN: Axfood enters two new wholesale agreements
2 July 2010
Axfood Närlivs has acquired Reitan Convenience Sweden's distribution centre in Kings Curve, just outside Stockholm.
SWEDEN: Axfood looks to store openings, own label for growth
20 April 2010
New store openings have driven strong first-quarter sales and profits gains at Swedish retailer Axfood, the company said today (20 April).
SWEDEN: Axfood confirms Hemköp cuts
20 April 2010
Swedish retailer Axfood has confirmed that it is cutting 14 jobs at its Hemköp support offices in Solna, near Stockholm.
SWEDEN: Axfood appoints Dagab president
18 February 2010
Swedish retailer Axfood has appointed Anders Agerberg to serve as acting president of the company's logistics unit, Dagab.
SWEDEN: Axfood captures ICA exec to lead Hemköp
3 February 2010
Swedish retailer Axfood has announced the appointment of Ola Andersson as president of its Hemköp retail banner.
SWEDEN: Axfood sales, earnings rise
2 February 2010
Swedish retailer Axfood has seen a modest increase in sales and earnings during 2009, despite the negative impact that the downturn has had on consumer sentiment.
SWEDEN: Axfood launches “responsive” own label
27 October 2009
Swedish retailer Axfood has announced the launch of an own-label groceries brand, called Garant.
SWEDEN: Axfood limits palm oil purchase
22 October 2009
Swedish retailer Axfood plans to “change and limit” its purchase of palm oil for private label products, in a move designed to help protect rain forests in south-east Asia.
SWEDEN: Axfood posts rise in nine-month profit
21 October 2009
Swedish retailer Axfood posted a rise in profit after tax this morning (21 October), for the first nine months of 2009.
SWEDEN: Axfood appoints PrisXtra president
21 August 2009
Axfood has appointed Markus Lönnroth as the new president of PrisXtra.
SWEDEN: Axfood-owned stores propel growth
16 July 2009
Swedish retailer Axfood said today (16 July) that first-half sales were propelled by growth at its wholly-owned Willys, Hemköp and PrisXtra chains.
SWEDEN: Axfood looks to green energy
29 June 2009
Swedish retailer Axfood has indicated that ‘green’ considerations, such as energy efficiency, are becoming increasingly important in its strategic planning decisions.
SWEDEN: Axfood Q1 like-for-likes down
17 April 2009
Swedish retailer Axfood posted a 2.5% increase in net sales today (17 April) for the first quarter but saw like-for-like sales fall.
SWEDEN: Axfood launches fairtrade own label
25 February 2009
Swedish retailer Axfood has announced the launch of an own label line that will be made up entirely of products that have been certified fairtrade.
SWEDEN: Axfood profits dip on one-time items
3 February 2009
Swedish retailer Axfood today (3 February) revealed that its full-year profits were marginally down on last year, despite an increase in sales.
SWEDEN: Axfood looks to tackle climate change
2 February 2009
Swedish retailer Axfood has joined the BLICC (Business Leaders Initiative on Climate Change) initiative, a network of companies that work actively to tackle climate issues.
SWEDEN: Axfood strikes supply deal with Arla
16 January 2009
Axfood has reached an agreement with dairy giant Arla that will see the Swedish retailer offer more of Arla’s products at its stores.
SWEDEN: Axfood reports fall in nine-month profits, outlook flat
14 October 2008
Axfood AB has reported a fall in its nine-month profits, despite a rise in sales. The Swedish retailer added in a statement today that it expects full year operating profits to be flat against 2007.
SWEDEN: Axfood unveils own-brand organic label
18 September 2008
Swedish retailer Axfood has launched an own-brand range of affordable everyday organic foods, called Garant Ekologiska.
CHINA: Axfood opens buying office in China
11 August 2008
Sweden’s Axfood has opened its first Chinese procurement office in Shanghai today (11 August).
SWEDEN: Axfood reports first half sales growth
16 July 2008
Axfood has reported a healthy rise in sales in its first half of trading in 2008. The Swedish retailer also said, however, that operating profit for the period had fallen.
Related research
Axfood AB - SWOT Analysis
Datamonitor's Axfood AB - SWOT Analysis company profile is the essential source for top-level company data and information. Axfood AB - SWOT Analysis examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.Axfood (or “the company”) is a retailer and wholesaler of food products. The company conducts its retailing business through Willys, Hemkop and PrisXtra chains which operates about 312 stores across the country. Axfood conducts its wholesale business through Dagab and Axfood Narlivs. The company primarily operates in Sweden, where it is headquartered in Solna and employs around 6,816 people. The company recorded revenues of SEK32,378 million ($4,263.2 million) during the financial year ended December 2009 (FY2009), an increase of 2.3% over 2008. The increase is attributable primarily to price increases. The operating profit of the company was SEK1,128 million ($148.5 million) in FY2009, an increase of 4.7% over 2008. The net profit was SEK793 million ($104.4 million) in FY2009, an increase of 7.6% over 2008.
Axfood AB
Datamonitor's Axfood AB - SWOT Analysis company profile is the essential source for top-level company data and information. Axfood AB - SWOT Analysis examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.Axfood (or “the company”) is a retailer and wholesaler of food products. The company conducts its retailing business through Willys, Hemkop and PrisXtra chains which operates about 312 stores across the country. Axfood conducts its wholesale business through Dagab and Axfood Narlivs. The company primarily operates in Sweden, where it is headquartered in Solna and employs around 6,816 people. The company recorded revenues of SEK32,378 million ($4,263.2 million) during the financial year ended December 2009 (FY2009), an increase of 2.3% over 2008. The increase is attributable primarily to price increases. The operating profit of the company was SEK1,128 million ($148.5 million) in FY2009, an increase of 4.7% over 2008. The net profit was SEK793 million ($104.4 million) in FY2009, an increase of 7.6% over 2008.
Axfood AB (AXFO) - Financial and Strategic Analysis Review
Axfood AB (Axfood) is a food retail and wholesale company, engaged in operating grocery store chain, and cash and carry outlets. The retail operations of the company are conducted through its stores under the brand names including Hemkop, Willys and PrisXtra. Hemkop is a food store chain, Willys operates in the discount retail segment and PrisXtra is a low-price grocery store chain. Axfood operates 226 company owned and 92 franchised stores. The wholesale operations of the company are conducted through Axfood Narlivs and Dagab trade names. The Axfood Narlivs operates three distribution centers, and 19 cash and carry outlets, and Dagab operates two distribution centers and two warehouses.
