Continued strong customer traffic and increased market share
During the third quarter, Axfood continued to report strong growth and stable profitability, a testament to the fact that customers appreciate the Group’s affordable and competitive offering. At the same time, Axfood continued to pursue an extensive development agenda to strengthen its position for the future, and took major steps in the establishment the Group’s new warehouse and logistics structure during the quarter.President and CEO Klas Balkow’s comments on the interim report for the third quarter 2023:
“Despite high comparison figures, Axfood delivered robust growth of 13% during