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Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating. Click here for more on how to use these ratings.

Company Profile

Business Description

Axfood AB operates food retail and wholesale businesses in Sweden. Its operating segments include Willys, Hemkop, Dagab, and Snabbgross. The Willys segment operates two discount grocery chains: Willys and Eurocash. Willys is Sweden's primary discount market chain, while Eurocash serves mainly the Norwegian-Swedish border. This segment contributes to the majority of the company's revenue. Hemkop offers a wide range of fresh products for meal solutions. Dagab is engaged in the wholesale purchasing and logistics business. Narlivs operates within this segment as a wholesaler serving independent grocers and convenience retailers. Snabbgross is a restaurant wholesaler, catering primarily to cafes, fast-food establishments, and high-end restaurants.

Norra Stationsgatan 80C
Stockholm, SE-107 69, Sweden
T +46 855399000
Sector Consumer Defensive
Industry Food Distribution
Most Recent Earnings Sep 30, 2021
Fiscal Year End Dec 31, 2021
Stock Type
Employees 12,128