Axfood AB

AXFO · ST · Consumer Defensive / Grocery Stores

284.00SEK+5.10 (+1.83%)

Price History

Full chart

Market Stats

Previous Close278.90

Open279.60

Day Range279.40 – 284.80

52-Week Range222.07 – 328.31

Volume259.87K

Market Cap54.88B

P/E (TTM)22.68

Forward P/E16.23

EPS11.21

Dividend Yield3.52%

Beta0.60

50-Day Avg244.57

200-Day Avg281.11

About

Axfood AB (publ) engages in the food retail and wholesale businesses primarily in Sweden. The company operates through five segments: Willys, Hemköp, City Gross, Snabbgross, and Dagab. The company sells groceries through Willys, HANDLAR'N, Hemköp, and Eurocash, City Gross, and Tempo store chains. It is also involved in the e-commerce business; and provision of private label products. In addition, it operates Urban Deli, a combination of restaurant, store, and market hall; Apohem, an online retail pharmacy; Matöppet, a personal grocery store and the retailer-owned mini-mart; Snabbgross, a restaurant; and Tempo, a mini-mart format of retailer-owned stores. The company serves restaurants, fast food operators, and cafés; and retailer-owned stores, mini-marts, and other convenience retailers. Axfood AB (publ) was incorporated in 1997 and is headquartered in Stockholm, Sweden. Axfood AB (publ) operates as a subsidiary of Axretail AB.

Company Details

SectorConsumer Defensive
IndustryGrocery Stores
CEOMs. Simone Margulies
Employees15.00K
HeadquartersSolnavAegen 4, Stockholm, Sweden, 113 65, Sweden
Websitehttps://www.axfood.com

Leadership

Ms. Simone MarguliesPresident & CEO · b. 1978
Mr. Anders LexmonChief Financial Officer · b. 1968
Mr. Alexander BergendorfHead of Investor Relations
Ms. Sandra BranstadGeneral Counsel & Company Secretary · b. 1975
Ms. Sara Kraft WestrellHead of Corporate Communications · b. 1974
Ms. Monica LangboHead of Human Resources · b. 1963
Mr. Nicholas PetterssonManaging Director of Willys · b. 1976
Ms. Eva PetterssonManaging Director of Axfood Snabbgross · b. 1966
Ms. Karin HedlundHead of IT · b. 1966
Magnus TornblomHead of Press

Financials

Income Statement

Currency: SEK	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31

Currency: SEK	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	4.96B	5.34B	30.23B	32.43B	33.12B	33.62B	33.83B	28.09B	28.81B	29.19B	31.66B	32.38B	34.26B	34.80B	36.31B	37.52B	38.48B	41.25B	43.35B	45.97B	48.09B	50.74B	53.70B	57.89B	73.47B	81.11B	84.06B	89.15B
Growth (%)	-	+7.66%	+466.34%	+7.27%	+2.12%	+1.51%	+0.62%	-16.97%	+2.57%	+1.32%	+8.48%	+2.26%	+5.81%	+1.56%	+4.34%	+3.35%	+2.56%	+7.18%	+5.11%	+6.03%	+4.61%	+5.52%	+5.83%	+7.81%	+26.92%	+10.39%	+3.63%	+6.06%
Cost of Revenue	3.86B	4.15B	27.66B	28.43B	28.61B	28.95B	29.75B	24.17B	24.76B	25.12B	27.41B	27.91B	29.59B	29.88B	31.42B	32.39B	33.16B	35.35B	37.15B	39.31B	40.90B	42.80B	45.15B	48.95B	63.39B	69.78B	71.83B	76.02B
Gross Profit	1.10B	1.19B	2.57B	4.00B	4.50B	4.67B	4.08B	3.91B	4.05B	4.07B	4.25B	4.47B	4.67B	4.92B	4.89B	5.13B	5.32B	5.89B	6.20B	6.66B	7.18B	7.94B	8.55B	8.95B	10.08B	11.33B	12.23B	13.13B
Gross Margin	22.17%	22.28%	8.50%	12.34%	13.60%	13.88%	12.06%	13.94%	14.05%	13.94%	13.42%	13.79%	13.64%	14.13%	13.47%	13.67%	13.82%	14.29%	14.31%	14.49%	14.93%	15.65%	15.92%	15.45%	13.72%	13.96%	14.55%	14.73%
Operating Expense	938.60M	1.03B	2.46B	4.66B	5.53B	5.70B	5.09B	4.95B	2.81B	2.94B	3.17B	3.34B	3.46B	3.67B	3.70B	3.83B	3.87B	4.13B	4.30B	4.78B	5.16B	5.66B	6.04B	6.24B	6.98B	7.97B	8.94B	10.31B
Operating Income	160.60M	162.20M	112.00M	-653.00M	-1.02B	-1.03B	-1.01B	-1.04B	1.24B	1.13B	1.08B	1.13B	1.21B	1.25B	1.19B	1.30B	1.45B	1.76B	1.90B	1.89B	2.02B	2.29B	2.51B	2.70B	3.10B	3.35B	3.29B	2.82B
Operating Margin	3.24%	3.04%	0.37%	-2.01%	-3.09%	-3.08%	-2.98%	-3.70%	4.30%	3.86%	3.43%	3.48%	3.53%	3.59%	3.28%	3.47%	3.76%	4.27%	4.39%	4.10%	4.21%	4.51%	4.67%	4.67%	4.22%	4.13%	3.91%	3.16%
EBITDA	219.60M	116.00M	471.00M	6.00M	-527.00M	987.00M	1.57B	1.50B	1.65B	1.55B	1.59B	1.65B	1.75B	1.82B	1.78B	1.93B	2.10B	2.43B	2.62B	2.63B	2.81B	4.46B	4.76B	5.10B	5.78B	6.41B	6.68B	7.74B
EBITDA Margin	4.43%	2.17%	1.56%	0.02%	-1.59%	2.94%	4.64%	5.35%	5.72%	5.32%	5.03%	5.08%	5.09%	5.22%	4.92%	5.14%	5.47%	5.88%	6.04%	5.73%	5.84%	8.78%	8.86%	8.82%	7.86%	7.91%	7.94%	8.68%
Net Income	116.60M	117.00M	-34.00M	328.00M	625.00M	684.00M	664.00M	682.00M	852.00M	781.00M	737.00M	793.00M	862.00M	891.00M	895.00M	987.00M	1.09B	1.36B	1.47B	1.46B	1.55B	1.65B	1.91B	2.15B	2.36B	2.36B	2.19B	2.34B
Net Income Margin	2.35%	2.19%	-0.11%	1.01%	1.89%	2.03%	1.96%	2.43%	2.96%	2.68%	2.33%	2.45%	2.52%	2.56%	2.47%	2.63%	2.85%	3.30%	3.40%	3.18%	3.23%	3.25%	3.55%	3.71%	3.21%	2.91%	2.61%	2.62%
Interest Expense	2.50M	1.50M	33.00M	15.00M	20.00M	16.00M	18.00M	11.00M	7.00M	9.00M	8.00M	51.00M	39.00M	42.00M	18.00M	8.00M	9.00M	17.00M	13.00M	5.00M	13.00M	118.00M	132.00M	134.00M	175.00M	359.00M	456.00M	579.00M
Interest Expense % of Total Revenue	0.05%	0.03%	0.11%	0.05%	0.06%	0.05%	0.05%	0.04%	0.02%	0.03%	0.03%	0.16%	0.11%	0.12%	0.05%	0.02%	0.02%	0.04%	0.03%	0.01%	0.03%	0.23%	0.25%	0.23%	0.24%	0.44%	0.54%	0.65%

Balance Sheet

Currency: SEK	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31

Currency: SEK	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	911.60M	1.04B	7.62B	7.77B	7.36B	6.98B	7.04B	7.57B	6.08B	6.61B	7.35B	7.17B	7.66B	8.28B	8.80B	8.93B	9.69B	10.54B	10.54B	11.47B	12.24B	17.29B	18.81B	23.73B	28.64B	30.02B	35.43B	36.91B
Total Liabilities	595.70M	676.20M	6.76B	6.56B	5.54B	4.73B	4.41B	4.63B	3.65B	4.46B	5.09B	4.54B	4.69B	5.04B	5.30B	5.13B	5.63B	6.01B	6.42B	6.99B	7.72B	13.04B	14.25B	18.55B	21.72B	22.83B	28.04B	29.08B
Total Equity	315.90M	367.90M	855.00M	1.21B	1.69B	2.13B	2.51B	2.83B	2.42B	2.15B	2.26B	2.63B	2.97B	3.24B	3.47B	3.77B	4.03B	4.53B	4.12B	4.27B	4.30B	4.02B	4.33B	4.95B	6.61B	6.88B	7.05B	7.51B
Cash	215.50M	181.00M	278.00M	406.00M	444.00M	346.00M	301.00M	639.00M	369.00M	471.00M	312.00M	316.00M	315.00M	317.00M	521.00M	457.00M	1.11B	1.93B	1.73B	1.38B	1.57B	798.00M	-5.71B	734.00M	559.00M	688.00M	735.00M	1.08B
Total Debt	-	-	211.00M	371.00M	361.00M	265.00M	220.00M	57.00M	24.00M	26.00M	70.00M	491.00M	478.00M	678.00M	429.00M	125.00M	137.00M	76.00M	80.00M	110.00M	113.00M	5.51B	5.71B	8.38B	9.25B	9.76B	15.30B	15.40B
Net Debt	-215.50M	-181.00M	-67.00M	-35.00M	-83.00M	-81.00M	-81.00M	-582.00M	-345.00M	-445.00M	-242.00M	175.00M	163.00M	361.00M	-92.00M	-332.00M	-972.00M	-1.86B	-1.65B	-1.27B	-1.46B	4.71B	11.42B	7.27B	8.69B	9.08B	14.56B	14.32B

Cash Flow

Currency: SEK	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31

Currency: SEK	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	170.20M	164.80M	445.00M	1.05B	1.10B	1.03B	1.46B	1.17B	1.16B	1.17B	1.15B	1.56B	1.36B	1.38B	1.92B	1.60B	2.03B	2.50B	2.24B	2.53B	2.70B	3.56B	4.85B	4.59B	5.93B	5.81B	5.46B	6.75B
Investing Cash Flow	123.50M	135.10M	-690.00M	-293.00M	-192.00M	-315.00M	-422.00M	-850.00M	-321.00M	-512.00M	-1.10B	-580.00M	-831.00M	-941.00M	-816.00M	-718.00M	-582.00M	-751.00M	-559.00M	-1.50B	-992.00M	-1.39B	-1.08B	-3.84B	-2.78B	-2.21B	-3.18B	-1.77B
Financing Cash Flow	74.60M	64.20M	331.00M	-625.00M	-873.00M	-606.00M	-610.00M	-579.00M	-1.19B	-552.00M	-213.00M	-974.00M	-535.00M	-441.00M	-895.00M	-942.00M	-795.00M	-920.00M	-1.89B	-1.38B	-1.51B	-2.94B	-3.04B	-1.55B	-3.32B	-3.47B	-2.23B	-4.64B
Capital Expenditure	0	0	724.00M	370.00M	429.00M	633.00M	501.00M	606.00M	559.00M	471.00M	129.00M	611.00M	785.00M	892.00M	719.00M	713.00M	560.00M	674.00M	528.00M	765.00M	840.00M	1.48B	1.03B	1.82B	2.59B	1.95B	1.54B	1.38B
Free Cash Flow	170.20M	164.80M	-279.00M	676.00M	675.00M	393.00M	961.00M	564.00M	601.00M	695.00M	1.02B	947.00M	580.00M	492.00M	1.20B	883.00M	1.47B	1.82B	1.71B	1.77B	1.86B	2.08B	3.82B	2.77B	3.33B	3.86B	3.92B	5.37B
Dividends Paid	65.00M	65.00M	75.00M	10.00M	133.00M	266.00M	295.00M	590.00M	811.00M	1.05B	630.00M	420.00M	525.00M	630.00M	630.00M	630.00M	794.00M	899.00M	1.89B	1.26B	1.49B	1.49B	1.52B	1.57B	1.65B	1.76B	1.83B	1.94B
FCF to OCF	100.00%	100.00%	-62.70%	64.63%	61.14%	38.30%	65.73%	48.21%	51.81%	59.61%	88.80%	60.78%	42.49%	35.55%	62.45%	55.33%	72.40%	72.99%	76.44%	69.81%	68.91%	58.40%	78.81%	60.24%	56.23%	66.49%	71.81%	79.57%
Dividend Paid to FCF	38.19%	39.44%	-26.88%	1.48%	19.70%	67.68%	30.70%	104.61%	134.94%	150.94%	61.58%	44.35%	90.52%	128.05%	52.68%	71.35%	54.05%	49.37%	110.27%	71.17%	79.75%	71.68%	39.68%	56.75%	49.38%	45.56%	46.79%	36.08%

Earnings

Report Date	Mar 31, 2002	Jun 30, 2002	Oct 23, 2002	Feb 6, 2003	Apr 22, 2004	Jul 22, 2004	Oct 20, 2004	Jan 27, 2005	Apr 21, 2005	Jul 21, 2005	Oct 21, 2005	Feb 2, 2006	Apr 19, 2006	Jul 19, 2006	Oct 24, 2006	Feb 2, 2007	Apr 18, 2007	Jul 18, 2007	Oct 17, 2007	Feb 19, 2008	Apr 16, 2008	Jul 16, 2008	Oct 14, 2008	Feb 3, 2009	Apr 17, 2009	Jul 16, 2009	Oct 21, 2009	Feb 2, 2010	Apr 20, 2010	Jul 15, 2010	Oct 26, 2010	Feb 8, 2011	Apr 20, 2011	Jul 18, 2011	Oct 20, 2011	Feb 7, 2012	Apr 27, 2012	Jul 16, 2012	Oct 23, 2012	Feb 7, 2013	Apr 19, 2013	Jul 15, 2013	Oct 18, 2013	Feb 4, 2014	Apr 24, 2014	Jul 15, 2014	Oct 22, 2014	Feb 10, 2015	Apr 22, 2015	Jul 15, 2015	Oct 21, 2015	Feb 5, 2016	Apr 20, 2016	Jul 15, 2016	Oct 20, 2016	Feb 7, 2017	Apr 20, 2017	Jul 14, 2017	Oct 19, 2017	Feb 6, 2018	Apr 24, 2018	Jul 16, 2018	Oct 24, 2018	Feb 5, 2019	Apr 25, 2019	Jul 15, 2019	Oct 23, 2019	Feb 6, 2020	Apr 22, 2020	Jul 15, 2020	Oct 22, 2020	Feb 4, 2021	Apr 22, 2021	Jul 14, 2021	Oct 21, 2021	Feb 3, 2022	Apr 21, 2022	Jul 15, 2022	Oct 20, 2022	Feb 1, 2023	Apr 25, 2023	Jul 14, 2023	Oct 25, 2023	Feb 1, 2024	Apr 25, 2024	Jul 12, 2024	Oct 24, 2024	Jan 29, 2025	Apr 24, 2025	Jul 11, 2025	Oct 23, 2025	Jan 29, 2026	Apr 23, 2026	Jul 15, 2026	Oct 22, 2026
EPS Estimate	-	-	-	-	-	0.67	0.88	1.00	0.64	0.91	0.98	-	0.46	0.93	1.32	-	0.85	0.97	1.10	-	0.86	0.93	1.05	-	0.75	0.88	0.98	0.99	0.85	1.01	1.16	-	0.87	1.04	1.25	1.12	0.86	1.06	1.29	1.11	-	1.15	1.34	1.20	0.94	1.30	1.48	1.36	1.03	1.57	1.81	1.67	1.40	1.83	2.16	1.65	1.49	1.85	2.15	1.57	1.51	1.97	2.33	1.53	1.59	2.06	2.43	1.75	1.79	2.02	2.74	1.93	2.01	2.40	2.86	2.41	2.89	2.81	3.73	2.26	2.38	2.71	3.49	2.57	2.58	3.14	3.57	1.93	2.08	2.89	3.54	2.67	2.61	3.18	3.54
EPS Actual	0.59	0.59	0.81	0.85	0.53	0.79	0.96	0.77	0.75	0.86	1.02	0.50	0.74	0.91	1.48	0.89	0.87	0.92	1.07	0.86	0.78	0.88	0.92	0.94	0.78	0.91	1.14	0.96	0.83	0.95	1.25	1.07	0.86	1.08	1.27	1.08	0.84	1.08	1.26	1.08	0.91	1.19	1.40	1.20	0.89	1.36	1.66	1.31	1.22	1.59	2.05	1.62	1.51	1.83	2.22	1.46	1.47	1.81	2.23	1.46	1.61	2.01	2.24	1.54	1.68	2.00	2.49	1.68	1.92	2.21	2.94	2.01	2.15	2.48	3.00	2.55	2.54	2.90	3.54	2.45	2.39	3.14	3.57	2.67	2.59	2.67	3.25	2.08	2.22	2.96	3.43	2.69	2.43	2.95	-
Surprise	-	-	-	-	-	17.91%	9.09%	-23.00%	17.19%	-5.49%	4.08%	-	60.87%	-2.15%	12.12%	-	2.35%	-5.15%	-2.73%	-	-9.30%	-5.38%	-12.38%	-	4.00%	3.41%	16.33%	-3.03%	-2.35%	-5.94%	7.76%	-	-1.15%	3.85%	1.60%	-3.57%	-2.33%	1.89%	-2.33%	-2.70%	-	3.48%	4.48%	0.00%	-5.32%	4.62%	12.16%	-3.68%	18.45%	1.27%	13.26%	-2.99%	7.86%	0.00%	2.78%	-11.52%	-1.34%	-2.16%	3.72%	-7.01%	6.62%	2.03%	-3.86%	0.65%	5.66%	-2.91%	2.47%	-4.00%	7.26%	9.41%	7.30%	4.15%	6.97%	3.33%	4.90%	5.81%	-12.11%	3.20%	-5.09%	8.41%	0.42%	15.87%	2.29%	3.89%	0.39%	-14.97%	-8.96%	7.77%	6.73%	2.42%	-3.11%	0.75%	-6.90%	-7.23%	-
Timing	-	-	-	-	-	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	-	Pre-market	Pre-market	Pre-market	-	Pre-market	Pre-market	Pre-market	-	Pre-market	Pre-market	Pre-market	-	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	After-hours	After-hours	-	After-hours	After-hours	Pre-market	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	-	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	Pre-market	Pre-market	Pre-market	After-hours	Pre-market	Pre-market	After-hours

Key Statistics & Ratios

Market Cap54.88B

Enterprise Value71.21B

Trailing P/E22.68

Forward P/E16.23

PEG Ratio4.89

Price / Sales0.61

Price / Book8.27

EPS11.21

Book Value31.20

Revenue (TTM)89.91B

Gross Profit (TTM)13.26B

EBITDA5.23B

Profit Margin2.70%

Operating Margin4.17%

Return on Equity36.26%

Return on Assets6.34%

Shares Outstanding215.88M

Shares Float105.21M

Beta0.60

Dividend Yield3.52%

Dividend Rate9.00

Payout Ratio78.26%

Dividends

20262×

4.50Sep 17, 20264.50Mar 19, 2026

20252×

4.25Sep 18, 20254.50Mar 20, 2025

20242×

4.25Sep 19, 20244.25Mar 21, 2024

20232×

4.00Sep 21, 20234.15Mar 23, 2023

20222×

3.75Sep 22, 20223.97Mar 24, 2022

20212×

3.72Sep 23, 20213.72Mar 25, 2021

20202×

3.47Sep 17, 20203.72Mar 19, 2020

20191×

6.94Mar 22, 2019

20181×

6.94Mar 15, 2018

20171×

5.95Mar 16, 2017

20161×

3.97Mar 17, 2016

20151×

4.21Mar 19, 2015

20141×

3.72Mar 13, 2014

20131×

2.97Mar 14, 2013

20121×

2.97Mar 15, 2012

20111×

2.97Mar 17, 2011

20101×

2.48Mar 11, 2010

Stock Splits

May 2, 2022830:823
Apr 17, 20154:1