Axfood presents logistics solution of the future at Capital Markets Day
Axfood is holding a Capital Markets Day today. The theme for the day is the company’s future logistics and the new, highly automated logistics centre outside Stockholm.
The Capital Markets Day will be moderated by Klas Balkow, President and CEO of Axfood, with input also from CFO Anders Lexmon. The agenda includes presentations from Axfood’s purchasing and logistics company Dagab, which will be given by Nicholas Pettersson, President of Dagab, Per Gifvas, Programme Head for the new logistics centre, Raymond Lundmark, Head of Logistics, and Helena Blom, Transport Manager. In addition, the Capital Markets Day will feature a guest visit by Helmut Prieschenk, CEO of Witron, which is the chosen automation provider for the new logistics centre.
At the Capital Markets Day Axfood will confirm its investment of EUR 240 m in automation for the new logistics centre in accordance with the payment plan, financing and currency hedging that have been previously communicated. In addition, Axfood will report on the preparations, timetables and related transport solutions for the new logistics centre. Witron present the strength and the design of the contracted automation solution.
“To ensure efficient daily deliveries of goods to our stores and sustainable home deliveries for our steadily growing online business, a flexible supply chain that is optimised at every step is crucial,” comments Klas Balkow, President and CEO of Axfood. “We have begun our journey towards high automation through a number of important steps. Today we are presenting a more detailed plan for the establishment of our highly automated logistics centre outside Stockholm. With this we are taking a great step into the future and building upon the competitive strength of the entire Axfood family.”
For further information, please contact:
Axfood’s press department, tel. +46-702-89 89 83
Axfood aspires to be the leader in good and sustainable food. Our family of companies includes the store chains Willys and Hemköp as well as Tempo, Handlar’n and Direkten. B2B sales are handled through Axfood Snabbgross, and our support company Dagab is responsible for the Group’s product development, purchasing and logistics. The Axfood family also includes Mat.se, Middagsfrid and Urban Deli as well as the partly owned companies Apohem and Eurocash. Together the Group has more than 10,000 employees and sales of nearly SEK 50 bn. Axfood has been listed on Nasdaq Stockholm since 1997, and the principal owner is Axel Johnson AB. Read more at www.axfood.se.