Axfood reports significantly increased operating profit of SEK 860 million

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Axfood reports significantly increased operating profit of SEK 860 million
Photo: Fredrik Sandberg/TT

The food group Axfood, which includes the chains Willys and Hemköp, reported an operating profit of SEK 860 million for the fourth quarter, up from SEK 629 million in the same period last year.

Revenue rose by 4.4 percent to SEK 22,831 million.

The board of directors proposes a dividend of SEK 9 per share, SEK 25 more than the previous year.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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