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Axfood AB ( (SE:AXFO) ) has issued an announcement.
Axfood AB reported a strong second quarter in 2025, with growth significantly surpassing the market average. The company’s strategic investments in automation and logistics have enhanced efficiency and competitiveness, contributing to a 23% increase in retail sales, driven primarily by Willys. The acquisition of City Gross has expanded Axfood’s presence in the hypermarket segment, with plans to achieve profitability by the second half of 2026. The company also emphasized its commitment to sustainability by opening Sweden’s largest solar park and increasing the use of renewable fuels in transportation. These developments are expected to lead to annual cost savings and further investments in enhancing competitiveness.
The most recent analyst rating on (SE:AXFO) stock is a Buy with a SEK330.00 price target. To see the full list of analyst forecasts on Axfood AB stock, see the SE:AXFO Stock Forecast page.
More about Axfood AB
Axfood AB is a leading Swedish company in the food retail industry, known for offering affordable, good, and sustainable food. The company operates several store chains including Willys, Hemköp, and City Gross, as well as B2B sales through Snabbgross. Axfood’s support company, Dagab, handles product development, purchasing, and logistics. With approximately 15,000 employees and sales exceeding SEK 85 billion, Axfood has been listed on Nasdaq Stockholm since 1997, with Axel Johnson AB as the principal owner.
Average Trading Volume: 273,294
Current Market Cap: SEK62.14B
For an in-depth examination of AXFO stock, go to TipRanks’ Overview page.