Axfood AbOMXSTO: AXFO

AXFO: Sales growth outpaced the market, but logistics costs weighed on profit in Q2

· Issued by 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.

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