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Axfood in brief

Employees in store smiling

Axfood in brief

Axfood is one of the leading players in food retail in Sweden and a family of different concepts working in collaboration.

Each week 4.5 million customers are reached and customer meetings take place through more than 300 Group-owned stores, e-commerce and over 700 collaborating retailer-owned stores. Axfood has a total of more than 13,000 employees (FTEs) and net sales of just over SEK 80 bn.

Axfood aspires to be a strong force in society that works together with stakeholders and decision-makers in society to drive development toward more sustainable and healthier food production and consumption.

Axfood shares are listed on Nasdaq Stockholm and the principal owner is Axel Johnson.

More than 13,000 employees

We would not be where we are today without all our employees. Maintaining a high tempo in a change process that involves more than 13,000 employees throughout Sweden requires a dynamic and collaborative organization. We know that a diversity of personalities, experiences and backgrounds is conducive to involvement and leads to more and better new ideas. When a diversity of thinking is combined with collaboration within a group, when we can use each others’ strengths, our entrepreneurship and wealth of ideas to fine-tune our food concepts and improve the customer meeting, then we can achieve amazing results.

Affordable, good and sustainable food

In a time when more and more customers are striving to incorporate sustainability into their lifestyles and where awareness is growing about the impact of food on our health and the environment, we see it as our mission to inspire and make it easy for customers to make more engaged and conscious choices. By taking responsibility for the food offering today we can make a difference for future generations. It is a responsibility we want to take to be the leader in affordable, good and sustainable food for everyone.

Key data 2023

Consolidated net sales

SEK 81,111 m (73,474)

Operating profit

SEK 3,353 m (3,101)

Operating margin

4.1% (4.2%)

Average number of employees (FTEs)


Group-owned/franchise stores


Share of sales of sustainability-labelled products