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Axfood AB (AXFO.ST)

AXFO.ST on Stockholm Stock Exchange

186.25SEK
9:32am BST
Change (% chg)

0.25kr (+0.13%)
Prev Close
186.00kr
Open
185.85kr
Day's High
186.40kr
Day's Low
185.30kr
Volume
33,233
Avg. Vol
338,226
52-wk High
191.65kr
52-wk Low
144.15kr

Latest Key Developments (Source: Significant Developments)

Axfood Q1 Operating Profit Rises To SEK 485 Million
Thursday, 25 Apr 2019 

April 25 (Reuters) - Axfood AB ::STRONG START TO 2019.Q1 CONSOLIDATED NET SALES SEK 11.93 BILLION VERSUS SEK 11.44 BILLION YEAR AGO.Q1 OPERATING PROFIT SEK 485 MILLION VERSUS SEK 435 MILLION YEAR AGO.AXFOOD'S Q1 WAS CHARACTERIZED BY STRONG GROWTH AND HIGHER EARNINGS."AS I SUM UP Q1 IT IS CLEAR THAT AXFOOD IS FOLLOWING UP ITS RECORD YEAR 2018 WITH A STRONG Q1 IN 2019" - CEO.  Full Article

Axfood Decides On Share Repurchases
Thursday, 25 Apr 2019 

April 25 (Reuters) - Axfood AB ::DECISION ON SHARE REPURCHASES BY AXFOOD'S BOARD.PURCHASES MAY TAKE PLACE ON ONE OR MORE OCCASIONS DURING PERIOD 23 MAY 2019 UNTIL NEXT ANNUAL GENERAL MEETING.PURCHASES OF A MAXIMUM OF 265,000 SHARES.  Full Article

Axfood Q4 operating profit just below forecasts, dividend higher
Tuesday, 6 Feb 2018 

Feb 6 (Reuters) - Axfood ::STABLE EARNINGS WITH INVESTMENTS IN THE FUTURE.Q4 ‍CONSOLIDATED NET SALES AMOUNTED TO SEK 11,826 M​.Q4 ‍OPERATING PROFIT WAS SEK 398 M​.DIVIDEND INCREASE OF APPROXIMATELY 17%.FOR 2018 WE EXPECT CAPITAL EXPENDITURES TO BE IN RANGE OF SEK 900-1,000 M.SAYS ‍BOARD OF DIRECTORS PROPOSES AN ORDINARY DIVIDEND OF SEK 7.00 PER SHARE (6.00)​.SAYS ‍IN ADDITION TO CURRENT, LONG-TERM FINANCIAL TARGETS, BOARD HAS ADDED A GROWTH TARGET, ENTAILING THAT AXFOOD SHALL GROW MORE THAN MARKET​.REUTERS POLL: AXFOOD Q4 NET SALES SEEN AT 11,816 MILLION SEK, EBIT AT 432 MILLION SEK, DIVIDEND AT 6.50 SEK/SHARE.Q4 LIKE-FOR-LIKE RETAIL SALES ‍​3.6 PERCENT.  Full Article

Axfood Q3 operating profit slightly above expectations
Thursday, 19 Oct 2017 

Oct 19 (Reuters) - Axfood Ab :Axfood ab q3 ‍consolidated net sales amounted to sek 11,578 m​.Axfood ab q3 ‍operating profit was sek 604 m​.Axfood ab says ‍forecast is an operating profit for 2017 that is level with outcome for 2016​.Axfood ab says headed by willys, all segments showed favourable like-for-like sales in q3‍​.Axfood ab q3 like-for-like retail sales‍​ +4.5 percent.Axfood ab says sees 2017 operating profit in level with 2016‍​.Reuters poll: axfood q3 net sales seen at 11,531 million sek, ebit at 591 million sek.  Full Article

StrongPoint gets additional order from Axfood
Wednesday, 27 Sep 2017 

Sept 27 (Reuters) - STRONGPOINT ASA ::REG-STRONGPOINT ASA: STRENGTHENS ITS POSITION WITHIN CLICK & COLLECT IN THE NORDICS.HAS RECEIVED AND ADDITIONAL ORDER OF 16 CLICK & COLLECT SOLUTIONS FROM AXFOOD, WHICH IS SECOND LARGEST GROCERY COMPANY IN SWEDEN..  Full Article

Axfood transfers minority stake in Eurocash to Norgesgruppen
Thursday, 17 Aug 2017 

Aug 17 (Reuters) - Axfood Ab says::European Commission has approved Norgesgruppen's acquisition of 49% of Eurocash Food AB.Transfers minority stake in Eurocash to Norgesgruppen as per agreement..  Full Article

Axfood Q2 operating profit just below expectations​
Friday, 14 Jul 2017 

July 14 (Reuters) - Axfood :Q2 ‍operating profit was SEK 487 mln (494), corresponding to an operating margin of 4.1 pct (4.5 pct)​.Says forecast is an operating profit for 2017 that is level with outcome for 2016.Reuters poll: Axfood Q2 net sales seen at 11,794 million SEK, EBIT at 508 million SEK.Q2 l-f-l sales for group-owned stores +5.9 percent.  Full Article

Axfood acquires Middagsfrid
Wednesday, 31 May 2017 

May 31 (Reuters) - Axfood AB :Says acquires middagsfrid.Says company today has some 20 employees and delivers groceries home to customers at some 300 locations throughout Sweden.Says sales in 2016 amounted to approximately SEK 75 million.  Full Article

Swedish grocery retailer ICA Gruppen steps up investment

STOCKHOLM, Dec 13 ICA Gruppen, the owner of Sweden's biggest supermarket chain, said on Thursday it would increase investments next year to 4 billion crowns ($441 million) from 3.5 billion in 2018 as it adapts to a rapidly changing market.