Strong growth characterised by acquisition and high food price inflation
Axfood continues to grow significantly more than the market in an exceptional time with high food price inflation. The acquisition of Bergendahls Food, a strong quarter for Willys and a robust recovery for Eurocash and Snabbgross contributed to strong sales growth and higher earnings.President and CEO Klas Balkow’s comments on the interim report for the second quarter 2022: “In recent months, we have approached nearly double-digit food price inflation. The trend we are seeing is a consequence of a number of external factors such as the Covid-19 pandemic, the war in Ukraine, sharp