Axfood Overview
- Year Founded
-
1958
- Status
-
Public
- Employees
-
12,902
- Stock Symbol
-
AXFO
- Investments
-
20
- Share Price
-
$27.02
- (As of Monday Closing)
Axfood General Information
Description
Axfood AB operates food retail and wholesale businesses in Sweden. Its operating segments include Willys, Hemkop, Dagab, and Snabbgross. The Willys segment operates two discount grocery chains: Willys and Eurocash. Willys is Sweden's primary discount market chain, while Eurocash serves mainly the Norwegian-Swedish border. Hemkop offers a wide range of fresh products for meal solutions. Dagab is engaged in the wholesale purchasing and logistics business. Narlivs operates within this segment as a wholesaler serving independent grocers and convenience retailers. This segment contributes to the majority of the company's revenue. Snabbgross is a restaurant wholesaler, catering primarily to cafes, fast-food establishments, and high-end restaurants.
Contact Information
Website
www.axfood.comCorporate Office
- Solnavägen 4
- 113 65 Stockholm
- Sweden
Corporate Office
- Solnavägen 4
- 113 65 Stockholm
- Sweden
Axfood Stock Performance
(As of Monday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $27.02 | $27.01 | $20.65 - $29.49 | $5.83B | 216M | 231K | $1.04 |
Axfood Financials Summary
|
In Thousands, USD |
TTM 30-Jun-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
|---|---|---|---|---|
| EV | 6,563,491 | 6,835,435 | 6,502,611 | 6,664,788 |
| Revenue | 7,736,952 | 7,631,032 | 7,242,485 | 6,741,027 |
| EBITDA | 620,117 | 599,298 | 563,635 | 593,862 |
| Net Income | 224,524 | 221,750 | 232,630 | 250,353 |
| Total Assets | 2,863,585 | 3,003,620 | 2,743,342 | 2,622,265 |
| Total Debt | 960,546 | 976,992 | 886,712 | 884,438 |
Axfood Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Axfood Comparisons
Industry
Financing
Details
000000
000000
Axfood Competitors (4)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Kroger | Corporation | Cincinnati, OH | 000000 | 000.00 | 000000000 - | 000.00 |
| Costco Wholesale | Formerly VC-backed | Issaquah, WA | 000000 | 00.00 | 000000000 | 00.00 |
| ICA Gruppen | Formerly PE-Backed | Solna, Sweden | 00000 | 00000 | 000000000 | 00000 |
| Metcash | Corporation | Macquarie Park, Australia | 0000 | 00000 | 000000000 | 00000 |
Axfood Executive Team (11)
| Name | Title | Board Seat |
|---|---|---|
| Klas Balkow | Chief Executive Officer & President | |
| Simone Margulies | Chief Executive Officer | |
| Anders Lexmon | Chief Financial Officer, Finance | |
| Hans Warén | Chief Auditor | |
| Alexander Bergendorf | Head of Investor Relations |
Axfood Board Members (3)
| Name | Representing | Role | Since |
|---|---|---|---|
| 00000000 0000 | Self | Board Member | 000 0000 |
| 000000000 00000 | Self | Board Member | 000 0000 |
Axfood Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
Axfood Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Axfood Investments & Acquisitions (20)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| City Gross | 11-Jun-2024 | 0000000000 | 00000 | Food Products | 0000 0000 |
| Mathem | 17-May-2023 | 00 0000000 | 000.00 | Specialty Retail | 0000 0000 |
| Mathem | 17-May-2022 | 00 0000000 | 000.00 | Specialty Retail | |
| Bergendahl Food | 01-Oct-2021 | 0000000000 | 00000 | Distributors/Wholesale | 0000 0000 |
| City Gross | 01-Oct-2021 | Corporate | 000.00 | Food Products | 0000 0000 |
Axfood Subsidiaries (8)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| Urban Deli | Restaurants and Bars | Stockholm, Sweden | 2008 |
| Middagsfrid | Specialty Retail | Stockholm, Sweden | 0000 |
| EuroCash Food | Specialty Retail | Stromstad, Sweden | 0000 |
| Willy:s | Specialty Retail | Gothenburg, Sweden | 0000 |
| Axfood It | Systems and Information Management | Stockholm, Sweden | 0000 |
Axfood ESG
Risk Overview
Risk Rating
Updated May, 31, 2024
22.03 | Med Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
00.00
Management
Management is related to actions taken to manage ESG issues
00.00
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
00 of 16,009
Rank
Percentile
Food Retailers
Industry
00 of 198
Rank
Percentile
Food Retail
Subindustry
00 of 120
Rank
Percentile
Axfood Exits (3)
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Mathem | 17-May-2023 | 00 000000000 | 000.00 | Completed |
|
| Mathem | 17-May-2022 | 00 000000000 | 000.00 | Completed |
|
| Mat.se | 30-Jan-2017 | Merger/Acquisition | 000.00 | Completed |
Axfood FAQs
-
When was Axfood founded?
Axfood was founded in 1958.
-
Who is the CEO of Axfood?
Klas Balkow and Simone Margulies are the CEOs of Axfood.
-
Where is Axfood headquartered?
Axfood is headquartered in Stockholm, Sweden.
-
What is the size of Axfood?
Axfood has 12,902 total employees.
-
What industry is Axfood in?
Axfood’s primary industry is General Merchandise Stores.
-
Is Axfood a private or public company?
Axfood is a Public company.
-
What is Axfood’s stock symbol?
The ticker symbol for Axfood is AXFO.
-
What is the current stock price of Axfood?
As of 09-Sep-2024 the stock price of Axfood is $27.02.
-
What is the current market cap of Axfood?
The current market capitalization of Axfood is $5.83B.
-
What is Axfood’s current revenue?
The trailing twelve month revenue for Axfood is $7.74B.
-
Who are Axfood’s competitors?
Kroger, Costco Wholesale, ICA Gruppen, and Metcash are competitors of Axfood.
-
What is Axfood’s annual earnings per share (EPS)?
Axfood’s EPS for 12 months was $1.04.
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