Latest Axfood News & Updates

See the latest news and media coverage for Axfood. We track all announcements, press releases, and industry mentions in real time, all in one place.

Axfood

Swedish grocery retail group

axfood.com

Headquarters: Stockholm, Sweden
Company type: Public company
Number of employees: 10,000+
Industry: Food Retail & Distribution

Last updated October 22

Latest news about Axfood

In short: Axfood reported Q3 2026 earnings growth as City Gross turned profitable.

Company announcements

October 22 Axfood

Axfood reports volume growth and profitability for City Gross in Q3 2026

The group's retail sales increased by 2.9 percent. CEO Simone Margulies comments on the result where price value is central and City Gross turned from a loss to profitability.

August 6 Axfood

Axfood invests 2 200–2 300 million and opens 10–15 stores in 2026

Operating profit is charged with 50 million in restructuring costs for City Gross, classified as non-recurring. Investments include 470 million for automation in Kungsbacka.

July 15 Axfood

Axfood strengthens presence and reports positive earnings development

Net sales increased 0.9 percent to SEK 23,197 million and operating profit amounted to SEK 964 million. Hemköp and Willys showed growth.

April 23 Axfood

Axfood publishes its first interim report for 2026

The report shows positive customer inflow, volume growth and increased profitability. The Group invests according to long-term plan for continued growth.

Media coverage

October 21 Göteborgs-Posten

Axfood lifts City Gross to profit

The grocery giant Axfood - which among other things operates the Willys and Hemköp chains - reports an operating result of 1,118 million kronor for the third quarter of this year. City Gross...

August 24 MSN

The stock has plummeted by 28 percent - now comes the buy recommendation

After several years of strong development, 2026 has become a cold shower for the owners of one of the stock exchange's major defensive stocks. Since the peak in spring, ...

August 21 Yahoo Finance

Axfood AB (publ) (AXFO.ST)

AXFO.ST announced a cash dividend of SEK 4.50 with an ex-date of Sep. 17, 2026 ...

August 12 Nyheter24

Matkedjan får kalla handen – kunderna fortsätter försvinna

The development occurs at a time when Swedish consumers are still very focused on value for money. At the same time, Axfood has described the grocery market as intensely competitive, with a continued...

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