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Axfood AB (AXFO.ST)

AXFO.ST on Stockholm Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Axfood says to exercise buyback mandate
Thursday, 20 Apr 2017 01:13am EDT 

April 20 (Reuters) - Axfood Ab :Says board of directors of axfood has decided to exercise authorization granted to it by annual general meeting on 15 March 2017 to repurchase own shares.  Full Article

Axfood Q1 EBIT in line with expectations
Thursday, 20 Apr 2017 01:10am EDT 

April 20 (Reuters) - Axfood Ab :Q1 consolidated net sales amounted to sek 10,639 m (10,305), an increase of 3.2%.Q1 operating profit 397 m (408 sek).Says reiterates forecast .Says the forecast is an operating profit in 2017 that is level with the outcome for 2016.Says stands by estimate for food inflation of 1-2% during 2017.Reuters poll: Axfood Q1 net sales seen at 10,623 million sek, EBIT at 397 million sek.  Full Article

StrongPoint Sweden signs agreement with Axfood
Wednesday, 29 Mar 2017 03:09am EDT 

STRONGPOINT ASA : REG-STRONGPOINT ASA: BREAKTHROUGH FOR CLICK & COLLECT IN SCANDINAVIA .STRONGPOINT SWEDEN HAS SIGNED AN AGREEMENT WITH AXFOOD FOR DELIVERY OF STRONGPOINT'S CLICK & COLLECT SOLUTIONS.  Full Article

Axfood says CFO Hygrell-Jonsson to leave the company
Tuesday, 7 Mar 2017 01:30am EST 

Axfood AB : CFO Karin Hygrell-Jonsson leaving Axfood . Says process of finding a new CFO will begin immediately, and Anders Lexmon, who has been with Axfood for many years, will serve as acting CFO. .“After ten years as CFO I feel it is time for me to shift my focus from an operational to more of an advisory role,” says Karin Hygrell-Jonsson. “I currently serve on a few boards and hope to gain more such opportunities".  Full Article

Axfood Q4 operating profit misses market expectations
Tuesday, 7 Feb 2017 01:30am EST 

Axfood Ab : Q4 operating profit was SEK 401 mln . Q4 like-for-like sales for group-owned stores increased by 1.3% . Says is focusing on growth and new investments, and forecast is an operating profit in 2017 to be level with outcome for 2016 . Says board of directors proposes an ordinary dividend of SEK 6.00 per share (5.00, plus an extra dividend of 4.00) . Reuters poll: Axfood Q4 net sales seen at 11,112 million, ebit at sek 458 million, dividend at sek 5.63 per share . Says estimates food inflation of 1-2 percent in 2017 . Sees capital expenditures of sek 800-900 million in 2017 For the original story click here: http://mb.cision.com/Main/1306/2181784/624512.pdf Further company coverage: [AXFO.ST] ((rebecka.roos@thomsonreuters.com;)).  Full Article

Axfood Q2 operating profit matches forecast
Friday, 15 Jul 2016 07:00am EDT 

Axfood Ab : Q2 like-for-like sales for group-owned stores increased by 0.9% . Says expects operating profit for 2016 to exceed profit for 2015 . Q2 operating profit for period was sek 494 m (431) .Reuters poll: Axfood Q2 LFL sales were seen at +3.6 pct, EBIT at SEK 494 mln.  Full Article

Axfood says Dagab acquires warehouse operation
Friday, 17 Jun 2016 04:00am EDT 

Axfood AB : Says its supply chain organization Dagab acquires Saba's warehouse operation in Helsingborg .Says the acquisition entails that Dagab will take over all equipment and the warehouse's 150 employees, and will sign a five-year lease with Saba.  Full Article

Reitangruppen says plans placing of 10 mln Axfood shares
Monday, 23 May 2016 11:40am EDT 

Reitangruppen: Says Nordea has been mandated by Reitangruppen to explore the opportunity to sell approximately 10 million shares of its holding in Axfood AB , corresponding to just below 5 percent of shares . Says price in the placing will be determined through an accelerated book-building process commencing today, 23 May 2016 Further company coverage: [AXFO.ST] ((niklas.pollard@thomsonreuters.com;)).  Full Article

Axfood comments on FY 2016 profit guidance
Tuesday, 19 Apr 2016 08:00pm EDT 

Axfood AB:Says expects operating profit for FY 2016 to exceed outcome for FY 2015.Reported operating profit of 1.76 billion Swedish crowns for FY 2015.  Full Article

Axfood gives guidance on FY 2016 profit; proposes ordinary dividend for FY 2015 and extra dividend
Friday, 5 Feb 2016 01:30am EST 

Axfood AB:Says proposes an ordinary dividend of 5.00 Swedish crowns per share for FY 2015 and an extra dividend of 4.00 crowns per share.Paid ordinary dividend of 4.25 crowns per share for FY 2014.Says ‍expects operating profit for FY 2016 to exceed outcome for FY 2015​​.Reported operating profit of 1.76 million Swedish crowns for FY 2015.FY 2016 EBIT 1.84 billion crowns-Thomson Reuters I/B/E/S.  Full Article

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BRIEF-Axfood says to exercise buyback mandate

* Says board of directors of axfood has decided to exercise authorization granted to it by annual general meeting on 15 March 2017 to repurchase own shares Source text for Eikon: Further company coverage: