Axfood AB

Axfood AB

22.35
EUR
+0.18
(+0.81%)
0.99EPS
23.87P/E
5.03BMarket Cap
Jan 28Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
177.28
727.29
194.88
204.84
217.31
227.52
240.29
254.44
276.78
344.76
375.86
389.54
413
419.69
Basic EPS, GAAP
4.66
20.69
6.43
6.96
6.92
7.35
7.8
9.04
10.28
11.07
10.92
10.16
10.84
10.8
Free Cash Flow per Basic Share
4.17
27.76
8.6
8.09
8.36
8.81
9.83
18.12
13.22
15.64
17.89
18.17
23.26
21.39
Dividend per Share
2.98
15.01
4.25
8.92
5.95
7.03
7.05
7.19
7.5
7.72
8.15
8.5
8.98
4.73
Book Value per Share
17.8
19.04
21.4
19.45
20.17
20.37
19.05
20.53
23.48
30.62
31.87
32.69
34.77
31.2
Tangible Book Value per Share
5.31
7.05
9.46
7.74
4.15
4.05
2.6
3.85
-1.63
7.5
8.4
-0.72
1.03
-2.41
Basic Weighted Avg Shares
212
53
212
212
212
211
211
211
209
213
216
216
216
216
Sales/Revenue/Turnover
37,522
38,484
41,247
43,355
45,968
48,085
50,740
53,696
57,891
73,474
81,111
84,057
89,152
90,618
Operating Margin (%)
3.47
3.77
4.28
4.4
4.11
4.25
4.56
4.75
4.75
4.31
4.21
3.98
4.06
3.97
Depreciation Expense
643
668
671
694
712
724
2,146
2,252
2,399
2,615
2,993
3,375
4,077
4,102
Net Income, GAAP
987
1,095
1,361
1,473
1,463
1,553
1,648
1,908
2,150
2,360
2,357
2,192
2,339
2,332
Effective Tax Rate (%)
22.3
22.8
22.18
22.23
22.01
21.78
22.73
22.18
18.9
19.25
21.86
23.08
21.64
21.62
Profit Margin (%)
2.63
2.85
3.3
3.4
3.18
3.23
3.25
3.55
3.71
3.21
2.91
2.61
2.62
2.57
Working Capital
19
492
981
802
135
63
-2,079
-1,796
-4,553
-4,284
-4,867
-4,361
-4,031
-5,270
LT Debt
61
40
36
41
61
61
4,131
4,524
4,856
7,388
7,497
13,061
13,178
13,142
Total Equity
3,802
4,065
4,531
4,118
4,478
4,528
4,249
4,563
5,176
6,901
7,185
7,388
7,831
7,072
Return on Invested Capital (%)
26.16
27.57
31.02
33.57
33.49
34.31
24.58
19.51
18.63
17.03
15.85
12.78
12.2
12.49
Return on Capital (%)
25.37
26.76
30.9
33.46
33.41
33.36
23.74
20.4
19.66
16.99
15.84
12.55
11.84
12.32
Return on Common Equity (%)
27.55
28.09
31.8
34.07
34.9
36.24
39.6
45.7
46.32
40.83
34.95
31.47
32.13
37.74

Capital Structure

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2,224
3,647
2,731
LT Borrowings
2,700
1,700
2,400
LT Finance Leases
10,478
10,741
10,742
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
216
216
216
Market Capitalization
62,413
70,415
55,667

Working Capital

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
9,892
9,746
9,621
Cash, Cash Equivalents & STI
1,077
384
337
Accounts Receivable, Net
2,538
2,560
2,587
Inventories
5,285
5,571
5,463
Total Current Liabilities
13,923
16,361
14,891
Payables & Accruals
- -
- -
- -
ST Debt
2,224
3,647
2,731
Deferred Revenue
- -
- -
- -

Growth Rates

SEK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.17%
11.94%
6%
Free Cash Flow
13.66%
7.67%
28.11%
Net Income, GAAP
5.76%
4.41%
6.71%
Sales/Revenue/Turnover
8.19%
10.96%
6.06%
Total Cash Common Dividend
12.2%
5.03%
5.67%

Quarterly Revenue

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
20,252
21,044
20,902
21,860
84,057
2025
21,040
22,995
- -
22,831
89,152
2026
21,595
23,197
- -
- -
- -

Quarterly Earnings Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.6
2.68
3.26
1.62
10.16
2025
2.09
2.84
- -
2.6
10.84
2026
2.42
2.94
- -
- -
- -

Quarterly Dividends Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4.25
- -
4.25
- -
8.5
2025
4.5
- -
- -
0.23
8.98
2026
4.5
- -
- -
- -
- -

Company Description

CEO
Simone Margulies
Full Time Employees
15,620
Sector
Retail trade
Industry
Food retail
Address
Solnavagen 4 Stockholm AB Sweden 113 65
IPO Date
Feb 21, 2000
Website
axfood.se
Business
Axfood AB (publ) (AXFO.ST), a subsidiary of Axretail AB, is one of Sweden's leading food retail and wholesale companies, founded in 2000 and headquartered in Stockholm, Sweden. The company operates through five main segments—Willys, Hemköp, City Gross, Snabbgross, and Dagab—offering a comprehensive range of grocery retail and wholesale services; Willys provides discount groceries via group-owned stores, franchise outlets, and online platforms, including the partly-owned cross-border chain Eurocash; Hemköp delivers broad assortments with emphasis on fresh products through owned stores, retailer-owned stores, e-commerce, and the Tempo mini-mart format; City Gross features hypermarkets and market halls with wide food selections via stores and online; Snabbgross supplies restaurants, fast-food operators, cafés, and consumers through physical stores, online sales, and the Snabbgross Club concept; Dagab manages assortment, purchasing, logistics for the group and external B2B clients, alongside retailer concepts Handlar’n and Matöppet, the partly-owned online pharmacy Apohem, and the Urban Deli restaurant chain. Axfood maintains a strong portfolio of private labels such as Hemköp, Garant, and Aware, targeting diverse customers including households, service trade operators, retailer-owned stores, and mini-marts, with primary operations across Sweden and cross-border elements via Eurocash toward Norway. Recent developments include the full acquisition of City Gross on November 1, 2024, following a 2021 minority stake and strategic partnership that encompassed Bergendahls Food wholesale, enhancing hypermarket presence and logistics synergies; in 2022, Axfood became the second-largest owner of pure-play online retailer Mathem through the divestment of Mat.se in exchange for shares and a seven-year Dagab delivery agreement; ongoing investments feature a new automated logistics center in Kungsbacka for southern Sweden efficiency and plans for 10-15 new stores in 2025, alongside SEK 1,600-1,700 million in capital expenditures excluding acquisitions.

Company News

  • Axfood AB (publ) (AXFOY) Q2 2026 Earnings Call Transcript

  • Analyzing Axfood AB (publ) (OTCMKTS:AXFOF) and Woolworths Group (OTCMKTS:WOLWF)

  • Head-To-Head Survey: Woolworths Group (OTCMKTS:WOLWF) vs. Axfood AB (publ) (OTCMKTS:AXFOY)

  • Analyzing Axfood AB (publ) (OTCMKTS:AXFOY) & Metro (OTCMKTS:MTRAF)

  • Axfood AB (publ) (AXFOY) Q4 2025 Earnings Call Transcript

  • Reviewing Axfood AB (publ) (OTCMKTS:AXFOF) and Metro (OTCMKTS:MTRAF)

  • Axfood AB (publ) (AXFOY) Q3 2025 Earnings Call Transcript

  • Axfood AB (publ) (AXFOF) Q2 2025 Earnings Conference Call Transcript

  • Axfood AB (publ) (AXFOF) Q1 2025 Earnings Call Transcript

  • Sweden Gift Card and Incentive Card Market Intelligence Report 2025 Featuring ICA Gruppen, Axfood, Coop Sverige, IKEA, Lidl, Elgigante,n Systembolaget, Ahlens, Clas Ohlson, and MediaMarkt

  • Axfood AB (publ) (AXFOF) Q4 2024 Earnings Call Transcript

  • Axfood: Why I Just Added A Significant Amount (Rating Upgrade)

  • Axfood AB (publ) (AXFOF) Q3 2024 Earnings Call Transcript

  • Axfood AB (publ) (AXFOF) Q2 2024 Earnings Call Transcript

  • Axfood AB (publ) (AXFOF) Q1 2024 Earnings Call Transcript

  • Axfood AB (AXFOF) Q4 2023 Earnings Call Transcript