Business
AXFO: Sales growth outpaced the market, but logistics costs weighed on profit in Q2
AXFO: Sales growth outpaced the market, but logistics costs weighed on profit in Q2
About this update from Axfood Ab
Axfood delivered solid sales growth and continued to outperform the market, but profitability was impacted by logistics ramp-up costs and a weak quarter in Dagab. The City Gross acquisition expands growth opportunities, while the 2024 outlook remains unchanged.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.