Axfood AbOMXSTO: AXFO

AXFO: Profitability and volumes rose, but Willys' growth lagged due to store closures and VAT repricing

· Issued by Axfood AB

Volume growth and improved profitability were achieved despite intense competition and global uncertainty. Operating profit and margins increased, with strong performances from Hemköp and ongoing improvements at City Gross, while Willys' growth was impacted by store closures and early VAT-related price cuts.

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