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Axfood AB (AXFO.ST)

AXFO.ST on Stockholm Stock Exchange

189.10SEK
4 Dec 2020
Change (% chg)

-0.40kr (-0.21%)
Prev Close
189.50kr
Open
190.50kr
Day's High
191.40kr
Day's Low
189.10kr
Volume
593,952
Avg. Vol
451,320
52-wk High
222.40kr
52-wk Low
163.15kr

Latest Key Developments (Source: Significant Developments)

Axfood Q2 Operating Profit Rises To SEK 605 Mln
Wednesday, 15 Jul 2020 

July 15 (Reuters) - Axfood AB ::CONTINUED GROWTH FOR AXFOOD IN A TURBULENT TIME.Q2 CONSOLIDATED NET SALES TOTALLED SEK 13,570 M (13,038), AN INCREASE OF 4.1%..Q2 OPERATING PROFIT TOTALLED SEK 605 M (601), AN INCREASE OF 0.7%.Q2 NET PROFIT FOR PERIOD TOTALLED SEK 446 M (429), AND EARNINGS PER SHARE BEFORE DILUTION WERE SEK 2.22 (2.01)..  Full Article

Axfood Q4 Operating Profit Up To SEK 487 Mln
Thursday, 6 Feb 2020 

Feb 6 (Reuters) - Axfood AB ::A SUCCESSFUL 2019.Q4 CONSOLIDATED NET SALES AMOUNTED TO SEK 13,040 M (12,370), AN INCREASE OF 5.4%.Q4 OPERATING PROFIT TOTALLED SEK 487 M (425), AN INCREASE OF 14.6%.Q4 NET PROFIT FOR PERIOD TOTALLED SEK 359 M (328).BOARD OF DIRECTORS PROPOSES AN INCREASED DIVIDEND OF SEK 7.25 PER SHARE (7.00).  Full Article

Dalsspira Mejeri Enters Agreement With Axfood
Tuesday, 17 Dec 2019 

Dec 17 (Reuters) - Axfood AB ::DALSSPIRA MEJERI AB - ENTERS AGREEMENT WITH AXFOOD.  Full Article

Axfood: Agreement Signed For Automation Of New Highly Automated Logistics Centre
Thursday, 7 Nov 2019 

Nov 7 (Reuters) - Axfood AB ::AGREEMENT SIGNED FOR AUTOMATION OF AXFOOD'S NEW HIGHLY AUTOMATED LOGISTICS CENTRE.AGREEMENT SIGNED FOR AUTOMATION OF AXFOOD'S NEW HIGHLY AUTOMATED LOGISTICS CENTRE.TOTAL CONTRACTED INVESTMENT WITH WITRON AMOUNT TO EUR 240 M DURING PERIOD 2019-2023..IN ADDITION, AXFOOD HAS SIGNED AN AGREEMENT WITH SWEDBANK AND SEB ON A FIVE-YEAR REVOLVING CREDIT FACILITY FOR SEK 3.5 BN.AXFOOD WILL BE TAKING OUT CURRENCY HEDGES FOR PAYMENT FLOWS AS FOLLOWS: 100% OF PAYMENTS IN 2019, 75% OF PAYMENTS IN 2021, 50% OF PAYMENTS IN 2022, AND 25% OF PAYMENTS IN 2023.DURING EACH OF FOURTH QUARTERS STARTING IN 2020, AXFOOD WILL HEDGE AN ADDITIONAL 25 PERCENTAGE POINTS OF EACH YEAR'S INVESTMENT COMMITMENT UNTIL FULL HEDGING IS ACHIEVED..  Full Article

Axfood Q3 Operating Profit Rises To SEK 715 Mln
Thursday, 24 Oct 2019 

Oct 24 (Reuters) - Axfood AB ::STRONG GROWTH GENERATES RESULTS.Q3 CONSOLIDATED NET SALES SEK 12,731 MILLION VERSUS SEK 12.05 BILLION YEAR AGO.Q3 OPERATING PROFIT TOTALLED SEK 715 M (620).Q3NET PROFIT FOR PERIOD TOTALLED SEK 536 M (482).  Full Article

Axfood Divests Holding In Direkten; Parties Enter Cooperation
Wednesday, 5 Jun 2019 

June 5 (Reuters) - Axfood AB ::SIGNS COOPERATION AGREEMENT WITH DIREKTEN, DIVESTS ITS HOLDING IN THE COMPANY.SALE NOT TO HAVE ANY SIGNIFICANT FINANCIAL EFFECT.  Full Article

Axfood Q1 Operating Profit Rises To SEK 485 Million
Thursday, 25 Apr 2019 

April 25 (Reuters) - Axfood AB ::STRONG START TO 2019.Q1 CONSOLIDATED NET SALES SEK 11.93 BILLION VERSUS SEK 11.44 BILLION YEAR AGO.Q1 OPERATING PROFIT SEK 485 MILLION VERSUS SEK 435 MILLION YEAR AGO.AXFOOD'S Q1 WAS CHARACTERIZED BY STRONG GROWTH AND HIGHER EARNINGS."AS I SUM UP Q1 IT IS CLEAR THAT AXFOOD IS FOLLOWING UP ITS RECORD YEAR 2018 WITH A STRONG Q1 IN 2019" - CEO.  Full Article

Axfood Decides On Share Repurchases
Thursday, 25 Apr 2019 

April 25 (Reuters) - Axfood AB ::DECISION ON SHARE REPURCHASES BY AXFOOD'S BOARD.PURCHASES MAY TAKE PLACE ON ONE OR MORE OCCASIONS DURING PERIOD 23 MAY 2019 UNTIL NEXT ANNUAL GENERAL MEETING.PURCHASES OF A MAXIMUM OF 265,000 SHARES.  Full Article