Swedish retailer Axfood booked an increase in sales and earnings during the first quarter of the year.

The company said consolidated sales to the end of March increased 2.7% to SEK8.95bn (US41.38bn). Like-for-like sales were up 2.3% during the period.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Operating profit totalled SEK254m, up from SEK250m in the comparable period of last year. Profit after tax increased to SEK194m, up from SEK179m.

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now