Axfood (AXFO) Company presentation summary

Vision and strategy

• Aims to be a leader in affordable, good, and sustainable food, improving quality of life for all.

• Operates a family of collaborative concepts with strong market positions in Sweden.

• Four objectives for 2030: inclusivity, sustainability, health, and leading food experiences.

• Focuses on operational efficiency, digitalization, and sustainability as strategic pillars.

• Emphasizes a strong, inclusive corporate culture and being an attractive employer.

Market position and brands

• Holds a 25% market share in Swedish food retail, second only to ICA.

• Engages over 6 million customers weekly through nearly 400 group-owned stores and 700+ retailer-owned stores.

• Operates leading brands: Willys (discount), Hemköp (traditional grocery), City Gross (hypermarket), Snabbgross (wholesale), and Dagab (logistics and supply).

• Private label products account for 33% of sales, with 270 new launches in 2025.

Financial performance

• Net sales reached SEK 89.2 billion in 2025, with a 6.1% year-on-year increase.

• Operating profit was SEK 3.6 billion, with a 4.0% margin.

• Earnings per share grew at a CAGR of 8% from 2015 to 2025.

• Dividend per share increased to SEK 9.00 in 2025, with a policy of at least 50% payout.

• Return on equity was 32.1% and net debt/EBITDA stood at 1.9x in 2025.