Axfood (AXFO) CMD 2025 summary
Event summary combining transcript, slides, and related documents.
CMD 2025 summary
23 Feb, 2026Strategic direction and market positioning
Focus on strengthening all retail concepts, leveraging a house of brands and integrated operating model to address diverse consumer needs and drive growth across all market segments in Swedish food retail.
Ambitions toward 2030 include expanding and optimizing the store network, achieving world-leading operational efficiency, and maximizing business value through digitalization, automation, and AI.
Willys aims to open at least 10 new stores per year and upgrade over 20 stores to the Willys 5.0 concept in 2025, targeting market leadership by 2030.
Hemköp focuses on price value, fresh produce, meal solutions, and sustainability, aiming to lead in every local market by 2030.
City Gross is undergoing a turnaround with new management, operational restructuring, and a focus on profitability by the second half of 2026, aiming to be Sweden's affordable food market by 2030.
Business segment updates and operational investments
Snabbgross seeks to become Sweden's most affordable restaurant wholesaler by 2030.
Dagab continues to invest in logistics, with a fully operational automated center in Bålsta and plans for a new center in Kungsbacka.
Over 100 AI models have been implemented to enhance processes, workflows, and customer interactions.
Private label share of sales has grown to 33%, with continued potential for expansion, contributing to differentiation and profitability.
Partnerships with technology providers and cloud-based solutions have improved business agility and cost efficiency.
Technology and digital transformation
Ongoing digital transformation includes investments in unified commerce, automation, AI, and scalable IT infrastructure to enhance efficiency and customer experience.
AI and data analytics are embedded across the value chain, from assortment planning and logistics to personalized customer engagement and campaign planning.
Tech-driven transformation includes new store platforms, AI-powered merchandising, and advanced logistics, supporting efficiency and customer personalization.
Continued investment in digitalization, automation, and AI to optimize assortment, pricing, logistics, and customer engagement.
Expansion plans include accelerating store openings, especially for Willys and Hemköp, and modernizing existing stores to enhance customer experience.
Latest events from Axfood
- Retail sales and profits outpaced the market, driven by growth, efficiency, and investments.AXFO
Q4 20253 Feb 2026 - Retail and e-commerce growth outpaced the market, but profit fell on logistics and acquisition costs.AXFO
Q2 20243 Feb 2026 - Full acquisition of City Gross for SEK 2.0 billion targets hypermarket growth and profitability by 2026.AXFO
M&A Announcement1 Feb 2026 - Q3 sales grew 3.0% as all segments expanded and City Gross acquisition strengthened market position.AXFO
Q3 202418 Jan 2026 - Retail sales and market share surged, but margins fell amid cost and integration pressures.AXFO
Q4 20249 Jan 2026 - Net sales up 3.9% as Willys, Hemköp, and Snabbgross outperformed; City Gross loss, logistics gains ahead.AXFO
Q1 202521 Dec 2025 - Q3 2025 saw 19.5% retail sales growth, margin improvement, and strong market share gains.AXFO
Q3 202523 Oct 2025 - Q2 2025 delivered strong sales and profit growth, outpacing the Swedish food retail market.AXFO
Q2 202511 Jul 2025 - SEK 84.1bn in 2024 sales, City Gross acquisition, and 33% private label share drive growth.AXFO
Company Presentation3 Jul 2025