Axfood AB (AXFOF)
Axfood AB operates in the Grocery Stores industry of the Consumer Defensive sector, headquartered in Stockholm, AB, SE. The stock last traded at $24.94, up 0.00% on the session, giving a market capitalisation of $5.38B. On trailing twelve-month figures it carries a trailing P/E of 20.83, a net margin of 2.7%. Its beta of 0.60 implies it has historically moved less than the broad market.
Axfood AB engages in retail and wholesale of food through store chains. It operates through the following operating segments: Willys, Hemköp, Snabbgross, and Dagab. The Willys segment is Sweden’s discount grocery chain with a wide and deep assortment in Group-owned stores and online. The Hemköp segment offers through its Group-owned stores, franchise stores and online business an attractively priced and wide assortment with a rich offering of fresh products. The Snabbgross segment is one of Sweden's restaurant wholesalers with a customer base of restaurants, fast food operators and cafés. The Dagab segment handles the assortment, purchasing and logistics for the entire Axfood Group, as well as for other B2B customers; and also includes the online grocery store Mat.se, the meal kit company Middagsfrid, the online pharmacy Apohem, and Urban Deli, a combined restaurant and market hall concept with own food production. Axfood was founded in 1958 and is headquartered in Stockholm, Sweden.
Axfood AB is most often compared with the following Consumer Defensive names: