Interim report Q3 2026

Axfood continues to grow and improve its earnings in the third quarter, and has now turned City Gross from loss-making to profitable. With strong and distinctive concepts, and investments that improve our efficiency and competitiveness, we are well-positioned for continued profitable growth.

Interim report

A small child standing in the kitchen with her father

Q3 with Simone Margulies, President and CEO

Here’s a video

To watch the video, you need to accept all cookies.

Key figures

22,711

Net sales, SEK m

1,118

Operating profit, SEK m

4.9 %

Operating margin

3.47

Earnings per share before dilution, SEK

Simone Margulies, President and CEO

With strong concepts and investments that increase our efficiency and competitiveness, we are well positioned for continured profitable growth.

Read the CEO message

The composition of the Nominating Committee ahead of Axfood’s 2027 Annual General Meeting (AGM) has changed due to changes in the ownership of the company.

Robert Stekovic has been recruited as the new Managing Director of Snabbgross and will be a member of Axfood’s Executive Committee.

Axfood’s climate targets have been validated and approved by the Science Based Targets initiative (SBTi), a global standard that ensures corporate targets are aligned with climate science and the Paris Agreement’s 1.5°C goal.