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India

Axfood AB (AXFO.ST)

AXFO.ST on Stockholm Stock Exchange

194.40SEK
27 Nov 2020
Change (% chg)

0.00kr (+0.00%)
Prev Close
194.40kr
Open
194.20kr
Day's High
195.70kr
Day's Low
193.10kr
Volume
376,567
Avg. Vol
415,756
52-wk High
222.40kr
52-wk Low
163.15kr

Latest Key Developments (Source: Significant Developments)

Axfood Q3 Operating Profit Up At SEK 796 Mln
Thursday, 22 Oct 2020 

Oct 22 (Reuters) - Axfood AB ::INCREASED MARKET SHARES AND STRONG EARNINGS.Q3 CONSOLIDATED NET SALES TOTALLED SEK 13,426 M (12,731), AN INCREASE OF 5.5%.INCREASE IN CONSUMPTION OF FOOD AT HOME HAD A FAVOURABLE IMPACT ON SALES..Q3 OPERATING PROFIT TOTALLED SEK 796 M (715), AN INCREASE OF 11.3%. OPERATING MARGIN WAS 5.9% (5.6%).Q3 NET PROFIT FOR PERIOD TOTALLED SEK 605 M (536).CERTAIN BUSINESSES WITH EXPOSURE TO CAFÉS AND RESTAURANTS AND CROSS-BORDER SHOPPING AND IN LOCATIONS WHERE CUSTOMER TRAFFIC HAS DECREASED.QUARTER WAS CHARACTERIZED BY CHANGED SHOPPING BEHAVIOUR AMONG CONSUMERS DUE TO CORONAVIRUS/COVID-19..  Full Article

Axfood Partners With Scania
Friday, 18 Sep 2020 

Sept 18 (Reuters) - Axfood AB ::AXFOOD PARTNERS WITH SCANIA IN TRANSITIONING TO SUSTAINABLE TRANSPORT.  Full Article

Axfood Q2 Operating Profit Rises To SEK 601 Million
Monday, 15 Jul 2019 

July 15 (Reuters) - Axfood AB ::HIGH GROWTH AND GOOD PROFITABILITY.Q2 OF YEAR WAS FAVOURABLY AFFECTED MAINLY BY WILLYS' CONTINUED STRONG PERFORMANCE AS WELL AS BY AXFOOD SNABBGROSS'S PROFITABLE GROWTH.Q2 CONSOLIDATED NET SALES AMOUNTED TO SEK 13,038 M (12,221), AN INCREASE OF 6.7%.Q2 OPERATING PROFIT TOTALLED SEK 601 M (545), AN INCREASE OF 10.2%.OUR SALES GROWTH OF 6.7% IS PROOF THAT OUR VARIOUS FOOD CONCEPTS ARE CONSOLIDATING ALREADY STRONG POSITIONS IN THEIR RESPECTIVE SEGMENTS - CEO.  Full Article

Axfood: Hemköp And Östenssons Begin Cooperation
Wednesday, 3 Apr 2019 

April 3 (Reuters) - Axfood AB ::HEMKÖP AND ÖSTENSSONS BEGIN COOPERATION.COOPERATION WILL START ON 1 SEPTEMBER.COOPERATION COVERS PURCHASING AND LOGISTICS VIA AXFOOD'S LOGISTICS COMPANY DAGAB, IT, HEMKÖP'S LOYALTY PROGRAMME AND MARKETING.  Full Article

Axfood Q4 Operating Profit Rises To SEK 425 Mln
Tuesday, 5 Feb 2019 

Feb 5 (Reuters) - Axfood AB ::STRONG FOURTH QUARTER SUMS UP A SUCCESSFUL 2018.Q4 CONSOLIDATED NET SALES AMOUNTED TO SEK 12,370 M (11,826), AN INCREASE OF 4.6%..PROPOSES FY DIVIDEND OF SEK 7.00 PER SHARE.Q4 OPERATING PROFIT TOTALLED SEK 425 M (398), AN INCREASE OF 7.0%..BOARD OF DIRECTORS PROPOSES AN UNCHANGED ORDINARY DIVIDEND OF SEK 7.00 PER SHARE (7.00).CAPITAL EXPENDITURES BY AXFOOD ARE EXPECTED TO AMOUNT TO SEK 1,500-1,600 M EXCLUDING ACQUISITIONS AND LEASE ASSETS."INVESTMENTS WE ARE PURSUING TO DEVELOP OUR BUSINESS GIVE RISE TO CAPEX NEED OF APPROXIMATELY SEK 1.5-1.6 BILLION FOR 2019".  Full Article

Axfood Increases Ownership In Urban Deli
Friday, 14 Dec 2018 

Dec 14 (Reuters) - Axfood AB ::AXFOOD INCREASES OWNERSHIP IN URBAN DELI.AXFOOD INCREASES OWNERSHIP IN URBAN DELI.IS INCREASING ITS OWNERSHIP IN URBAN DELI FROM 50% TO SLIGHTLY MORE THAN 90%.IS AT SAME TIME DEEPENING ITS COLLABORATION.  Full Article