Axfood AB operates within the Grocery stores sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Axfood AB with three other
supermarkets and grocery stores in Europe:
Migros Ticaret AS
sales of 23.19 billion Turkish Liras [US$3.46 billion]
of which 98%
of UNITED KINGDOM
(£5.05 billion [US$6.25 billion]
Bim Birlesik Magazalar AS
based in TURKEY
(40.21 billion Turkish Liras [US$6.00 billion]
of which 100%
was Retail Stores).
During the year ended December of 2019, sales at
Axfood AB were SEK 50.74 billion (US$5.06 billion).
increase of 5.5%
versus 2018, when the company's sales were SEK 48.09 billion.
This was the fifth consecutive year of sales increases at Axfood AB
(and since 2014, sales have increased a total of 32%).
Sales of Joint Group saw an increase
that was more than double the company's growth rate: sales were up
22.2% in 2019, from
SEK 54.00 million to SEK 66.00 million.
Axfood AB also saw significant increases in sales in
Willys (up 7.3% to SEK 29.03 billion)
Not all segments of Axfood AB experienced an increase in sales in 2019:
sales of Hemkop fell 0.4% to SEK 6.38 billion.