Increased market shares and strong earnings
Axfood sums up a strong quarter with growth that once again exceeded the market and improved profitability. An impressive performance for the Willys stores and a recovery for Snabbgross more than compensated for the businesses that continue to be challenged by the ongoing pandemic.President and CEO Klas Balkow’s comments on the interim report for the third quarter 2020: “Axfood continues to gain market shares, and particularly noteworthy was growth for Willys, which is strengthening its position as Sweden’s leading discount grocery chain. Profit for the third quarter was strong, and