Axfood reports positive growth and increased results
Focus on strengthening presence, competitiveness and efficiency, with strong growth for Hemköp and continued work with City Gross.
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Swedish grocery retail group
axfood.comLast updated
In short: Axfood reported steady growth and profitability while facing market share challenges, lower sales growth, and a significant share drop.
Focus on strengthening presence, competitiveness and efficiency, with strong growth for Hemköp and continued work with City Gross.
The targets mean significant emission reductions in both own operations and the supply chain.
The report is published on July 15 and presented by CEO Simone Margulies and CFO Anders Lexmon.
The carton-based packaging weighs less and reduces the climate footprint by up to 85 percent compared to cans.
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The Stockholm Stock Exchange closed on Wednesday at minus 0.1 percent - despite falling oil prices and positive news from the USA. For reporting food giant Axfood and Handelsbanken, the day was dark.
Axfood AB (AXFOF) reports steady growth and profitability amidst market challenges, focusing on sustainability and operational efficiency.
The Stockholm stock exchange is trading slightly down after a report-intensive morning. Handelsbanken and Axfood fall heavily, while Hexatronic goes like a train. Here is...
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