Business
AXFO: Q3 sales rose 3%, but margins fell amid price investments and logistics costs
AXFO: Q3 sales rose 3%, but margins fell amid price investments and logistics costs
About this update from Axfood Ab
Net sales grew 3% in Q3, with strong segment performance but declining operating profit due to price investments and cost inflation. Logistics transformation and the City Gross acquisition are key strategic focuses, with cost savings expected in 2025.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.