)
Axfood (AXFO) investor relations material
Axfood Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved strong growth and increased market share across all segments, with high customer traffic and volume growth, outperforming the Swedish food retail market in both sales and earnings growth.
Willys, Hemköp, and Snabbgross led growth, while City Gross showed a positive turnaround trend.
Improved efficiency in logistics and cost control, with continued investments in sustainability and store modernization, including a new automated logistics center in Kungsbacka.
Maintained a high rate of development and expansion, focusing on efficiency, cost control, and strengthening competitive advantages.
Financial highlights
Q3 2025 net sales increased 6.6% to SEK 22,286m; retail sales up 19.5% to SEK 19,625m (6.2% excluding City Gross).
Operating profit reached SEK 1,059m (4.8% margin); adjusted operating profit SEK 1,099m (4.9% margin).
Net profit for Q3 was SEK 727m; EPS before dilution SEK 3.30.
Cash flow from operating activities was SEK 1,352m in Q3 and SEK 4,513m for 9M 2025, up 25.8% year-over-year.
For the first nine months, net sales increased 6.6% to SEK 66,321m; operating profit (excluding comparability items) increased 5.8% to over SEK 2.8 billion.
Outlook and guidance
Investments for 2025 expected at SEK 1,600–1,700m, excluding acquisitions and leaseholds.
Store expansion plan revised to nine new group-owned stores for 2025 due to slight delays, plus three retail-owned stores joining from competitors.
City Gross targeted to reach profitability in the second half of 2026, with ongoing structural measures and current progress in line with the turnaround plan.
New logistics centre in Kungsbacka to be operational by 2030, increasing capacity by at least 20%.
Items affecting comparability for the year mainly relate to City Gross structural costs, estimated at SEK 115–150m.
Next Axfood earnings date
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage
)
)