Axfood AB (publ) (AXFO) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning. So this is the Axfood second quarter 2025 telephone conference. And with me today are Sinéad Margulis, president and CEO, and Anders Leksvon, CFO. In the investor section of our Axfood.com website, you will find the presentation material for today's call. We encourage you to have the presentation at hand as you listen to our prepared commentary. After the presentation, we will be taking questions. The recording of this call will be made available on our website. I will now hand over the word to Simon, so please go to page number two. Thank you, Alex, and good morning, everyone. We summarized a strong second quarter with growth that significantly exceeded the market development. We have a continued momentum in Viljus, Hemköp and Snabjos, and through affordable and attractive offerings, more customers are choosing to do the grocery shopping in our stores. In addition, the investments that we made in automation and logistics in recent years are now contributing to efficiency and competitiveness for the group. At the same time, strategic initiatives are ongoing to further strengthen our presence and the market positions of our retail chains. Also during the quarter, we made important progress in sustainability, including the inauguration of Sweden's largest solar park. So let's turn to page three and the agenda for today's presentation. I will start with a brief market overview and then I will give you a brief review of our second quarter performance and strategic agenda. Following that Anders will take you through the financials. And lastly, just a summary from me before we open up for questions. Turning to page four, but let's go straight to page five and take a look at the development during the quarter. In the market, competition remains intense across ...