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29.25 EUR
0.55
1.85%
Last update Apr 2, 8:01 AM CEST
Market closed
Day range
29.25
29.25
Previous close
29.80000
Open
29.25
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Axfood AB
29.25
0.55
1.85%

Overview

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Description

Axfood AB is a leading Swedish food retail company, operating as the second-largest player in the market with a significant market share. Formed in 2000 through the merger of grocery chains like Hemköp, D&D Dagligvaror, Spar Sverige, and Spar Inn Snabbgross, it manages prominent brands including Willys, the country's top discount chain; Hemköp, focusing on fresh products; City Gross, a hypermarket acquired in 2024; and others like Tempo, Handlar’n, and Matöppet. The company also conducts wholesale via Snabbgross for restaurants and Dagab for purchasing and logistics, alongside e-commerce through Mat.se and partly owned ventures like Apohem and Eurocash. With over 15,000 employees, nearly 400 group-owned stores, more than 700 collaborating retailer-owned outlets, and net sales exceeding SEK 80 billion, Axfood serves approximately five million weekly customers. Its vision emphasizes affordable, good, and sustainable food, highlighted by private labels such as Garant and Eldorado, and a 27.2% share of sustainability-labeled products. Headquartered in Stockholm and principally owned by Axel Johnson Group, Axfood prioritizes customer proximity, efficiency, and societal impact in the evolving food retail landscape shaped by digitalization and sustainability trends.

About

CEO
Ms. Simone Margulies
Employees
15000
Address
SolnavAegen 4
11 Bermudiana Road
Stockholm, 113 65, MI
Sweden
Phone
46 8 55 39 90 00
Website
Instrument type
Common stock
Sector
Consumer Defensive
Industry
Grocery Stores
Country
Germany
MIC code
XMUN
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