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Axel Johnson becomes main partner to The Global Village and Järvaveckan

Axel Johnson becomes main partner to The Global Village, the non-profit association behind Järvaveckan – a meeting place for politicians, citizens, trade and industry to talk about integration, diversity, social sustainability and gender equality. In total, Axel Johnson donates up to SEK 4.5 million over a period of three years to The Global Village or a foundation formed by The Global Village. Järvaveckan is organized for the third consecutive year with the aim of reducing the distance between the elected politicians and citizens. By reducing the distance between people and electorate,

Anna Ryott and Tomas Franzén appointed new members of Axel Johnson's Board

Anna Ryott, Vice President of Norrsken Foundation, and Tomas Franzén, CEO of Bonnier, has today been appointed new members of the Axel Johnson Board.Anna Ryott has long experience from working with sustainability and social issues as well as investments. Anna is today vice president of the Norrsken Foundation, and was previously CEO of Swedfund, the Development Finance Institution of the Swedish state. Tomas Franzén, CEO of Bonnier since 2014, has many years of experience of leadership in companies operating in industries undergoing great change. Tomas was former CEO of Com Hem and Eniro.

Axel Johnson’s Year-End Report for 2017

Strong year for Axel Johnson 2017 was another good year for Axel Johnson. ProfitAX for the year amounted to SEK 3,020 million (2,848), an increase of 6 percent. The Group’s total sales amounted to SEK 77,174 million (72,327), an increase of 7 percent. Axel Johnson International, Dustin and Novax report their best results so far, and all Group companies except for Åhléns increased their turnover compared with the preceding year. “These are our best results to date. Our good earnings and strong cash flow continue to give us strength for future developments, and our innovation rate is

Axel Johnson becomes partner in Matsmart

D-Ax, Axel Johnson's arm for investment in startup companies, becomes partner in Matsmart. Matsmart (www.matsmart.se) is an e-commerce business selling food and other groceries that in many cases would otherwise have been thrown out. The reasons vary, but it often depends on packaging changes, seasonal items, as well as short or passed best-before dates.In 2016, Matsmart saved 708 tonnes of food from being destroyed and the company currently runs at an annualized turnover of just over 200 million. Matsmart was launched in Sweden in 2014 and has since expanded to Norway and Finland. Today,

Axel Johnson becomes the main owner of Skincity

Axel Johnson has today acquired 70 percent of the shares in Skincity. With the acquisition, Axel Johnson widens its offering within beauty and strengthens its position within e-commerce. Skincity, which sells skin care products online, was founded in 2011 and has grown strongly and been profitable since its inception. The company will continue to operate independently.An important part of Skincity's offer is specialist knowledge in skin care which is reflected in both the product range and customer advice. Most people who work at Skincity are certified skin therapists. The company was

Camilla Wideroth, new CFO at Axel Johnson

Camilla Wideroth is appointed new CFO of Axel Johnson. Camilla has worked for the Group for eight years, first within Axel Johnson International and the last three and a half years at Axel Johnson AB as Head of Group Financial Control. Prior to that, Camilla worked for KPMG for 15 years, first as an accountant and subsequently as a consultant in connection with the introduction of IFRS. Camilla will start her new position November 1st. "It is an honor to be CFO for Sweden's largest privately-owned company group. I immediately said yes when I got the question", says Camilla Wideroth. "

Axel Johnson sells its shareholding in Mekonomen Group to LKQ Corporation

An agreement has been reached between Axel Johnson AB and LKQ Corporation (Nasdaq: LKQ) to sell shares in Mekonomen Group. LKQ Corporation acquires 26,5 percent of the shares in Mekonomen Group from Axel Johnson AB.Since Axel Johnson’s entry as the largest owner of Mekonomen Group in 2006, the company has developed from a strong Swedish position to become Scandinavia’s leading independent automotive spare parts company. The turnover has, with good and stable profitability, increased from approximately SEK 2,5 billion in 2006 to nearly SEK 6 billion 2015. During the past decade, Axel Johnson

Axel Johnson acquires additional shares in Dustin

Today, May 12th 2016, Axel Johnson AB has through its wholly owned subsidiary AxMedia AB, acquired shares in Dustin Group AB ("Dustin") corresponding to 5 percent of the share capital and voting rights in the company. After the acquisition, Axel Johnson's total share capital and voting rights in the company amounts to 25 percent.  For further information contact:Kerem Yazgan, Communications Axel Johnson AB, 070-2892999, kerem.yazgan@axeljohnson.se  Axel Johnson AB är en av Nordens ledande handelskoncerner som bygger och utvecklar verksamheter inom handel och tjänster på den

New Communications and Sustainability Manager appointed at Axel Johnson

Kerem Yazgan starts on January 1, 2016, as Communications and Sustainability Manager at Axel Johnson.Kerem Yazgan will report directly to the CEO Mia Brunell Livfors. The last three years Kerem Yazgan has worked as CEO at United Minds, one of the leading communication agencies in Sweden, and prior to that Kerem Yazgan worked as a consultant at Prime. - Axel Johnson is a symbol of the good company; value driven, competent, and with an ambition to drive change. It was of course impossible to not accept the position, says Kerem Yazgan. - The continued work with sustainability is key for

Mia Brunell Livfors new CEO of Axel Johnson

The Board of Directors of Axel Johnson AB has appointed Mia Brunell Livfors as the company’s new President and CEO. She will take up her position on June 1, 2015.In 2006 – 2014 Mia Brunell Livfors was President and CEO of Investment AB Kinnevik prior to which she was Finance Director at Modern Times Group MTG. Mia has been an advisor to Axel Johnson since 2014 and was appointed as a member of the Board in 2015. Caroline Berg, Chairman of Axel Johnson, comments: “Mia’s solid background in leading positions, her extensive expertise and long experience of building and developing businesses

Year-end report Axel Johnson AB, Jan.1–Dec. 31, 2014

Best result ever for Axel JohnsonIt is with great pleasure for me to affirm that Axel Johnson has once again reported its best result ever. And we have done so in a relatively tough market characterized by fierce competition, low inflation, and continued economic uncertainty. We entered 2014 with a positive trend and stable market situation. Optimism among Swedish consumers was rising, and we saw a recovery in both the retail sector and industry in pace with a stronger economy. The second half of the year was more challenging, however. While the food retail market experienced stable

Axel Johnson receives award as “Diversity-smart company of the year”

Axel Johnson today received the award as “Diversity-smart company of the year” for its work with the Axelerate change program. The award (Sw: Årets mångfaldssmarta företag) was presented by MINE, a non-profit member organization dedicated to increasing diversity in the workplace.Axel Johnson initiated its Axelerate program in 2013 to increase diversity in leadership positions throughout the Axel Johnson Group. Targets for 2020 include achieving a gender balance of 40-60 percent in executive management and a minimum of 20 percent of managers having an international background. “We are

2013 – Good results despite challenging business climate

The Axel Johnson group developed well during 2013 despite the weak economic situation particularly at the start of the year. Four out of seven group companies reported improved earnings compared with the previous year, with Novax and Axfood achieving their best-ever results. Taken overall, Axel Johnson reported its highest earnings in the company’s history.Consolidated total sales amounted to SEK 64,573 million (62,638), an increase of 3 percent. Profit after net financial items amounted to SEK 1,821 million (1,623), an increase of 12 percent. Consolidated operating profit, excluding

Year-end Report 2012 Axel Johnson AB

Growth initiatives in a challenging business environmentThe Axel Johnson group developed well in 2012, despite the challenging market situation. Six out of seven group companies increased their sales and several gained market shares. A number of the companies’ earnings were affected by nonrecurring costs and ongoing IT and integration projects. The focus on fast adjustment of cost levels to changed conditions contributed to retained profitability. Consolidated sales amounted to SEK 62,638 million (29,615), an increase of 7 percent after adjustment for the full-year effect of Axfood’s

Servera and Martin Olsson to merge

The Ax:son Johnson and Oldmark families have signed an agreement to merge Servera R&S AB and Martin Olsson HAB and thereby creating a new Swedish wholesaler and specialist for restaurants and the food service sector.Both Servera and Martin Olsson will be able to sharpen and broaden their offering and service to customers as a result of this merger. The companies complement each other well as regards to customers, geographic presence and expertise, and will together be a competitive family-owned wholesaler for restaurants and the food service sector. “The market is asking for a Swedish

Year end report 2010

“A good year for the Axel Johnson group”· Four out of seven group companies performed better than in the previous year, with two companies achieving their best earnings so far. Profit after net financial items increased to SEK 1,002 million (916).   · Axfood increased both profitability and sales during the year. Willys, Sweden’s first eco-labeled retail food chain, increased its rate of store establishment and captured market shares in a weak market. Hemköp continued its positive development and increased same store sales. · Axstores (formerly Åhléns group) acquired Norway’s

2005 Year-end Report – Axel Johnson AB

The Axel Johnson AB Group’s consolidated sales increased during the year by 52 percent to SEK 13,820 million (9,115). A total of SEK 4,039 million of this increase in sales is attributable to the acquisition of Axel Johnson International AB. Excluding the acquisition, sales rose by 7 percent. Partly owned Axfood saw a 2-percent decrease in sales to SEK 28,086 million. Axfood’s wholly owned stores increased sales by 5 percent. Operating income amounted to SEK 738 million (682), an increase of 8 percent. Net income after tax was SEK 537 million (635), a decrease of 15 percent. Earnings for

New President and CEO of Axel Johnson AB appointed

The Board of directors of Axel Johnson AB has names Mats Jansson as President and CEO of Axel Johnson AB. Jansson, currently CEO of Axfood AB, will assume his new position on 1 January 2006. Mats Jansson succeeds Göran Ennerfelt, who has served as CEO of Axel Johnson AB for 26 years. Ennerfelt will become Executive Vice Chairman of the Board of Axel Johnson AB and will retain his other duties with the Axel Johnson Group. Antonia Ax:son Johnson will continue to serve as Chairman of Axel Johnson AB. Stockholm 22 April 2005 Axel Johnson AB Board of Directors - - - - - - - - - - - For further

Axel Johnson AB – 2004 Year-end report

· The Axel Johnson AB Group’s consolidated sales increased by 2.7 percent in 2004 to SEK 9,115 M (8,874). Sales for Axfood rose by 0.6 percent to SEK 33,826 M. Axfood’s proprietary retail sales increased by 6.4 percent. · Earnings after financial items totaled SEK 883 M (742), an increase of 19 percent. Earnings include a capital gain of SEK 155 M from the divestment of shares in Saba Trading AB. Operating earnings amounted to SEK 682 M (727). · The Axel Johnson Group’s financial position was strengthened further. The equity/assets ratio rose by one percentage point to 67 percent. Liquid

Axel Johnson AB - 2003 Year-end Report

Axel Johnson AB - 2003 Year-end Report ·Continued improvement in earnings - for the third consecutive year, earnings after net financial items showed positive growth, rising 12 percent to SEK 742 M. Wholly owned Åhléns and jointly owned Axfood posted record earnings. ·Strong financial position - The equity/assets ratio rose by 5 percentage points to 66 percent and the debt/equity ratio remained unchanged at 0. ·Weak markets - The Group's markets showed weak growth during the year. Despite the unfavorable conditions, consolidated sales rose by 3 percent to SEK 8,874 M. ·Development and

Axel Johnson AB - 2002 Year-end Report

Axel Johnson AB - 2002 Year-end Report · Continued earnings growth - for the second consecutive year, earnings after net financial items showed positive growth, rising 54 percent to SEK 661 M. All operations showed improved earnings. · Stable sales growth - consolidated sales increased by 12 percent to SEK 8,640 M. · Strong financial position - the equity/assets ratio rose by 7 percentage points to 61 percent and the debt/equity ratio remained unchanged at 0. · Acquisitions and divestments - Åhléns acquired the Kicks cosmetics chain and Servera sold all of its properties. For further

Axel Johnson AB - Report on first half of 2002

Axel Johnson AB - Report on first half of 2002 · Increased earnings - earnings after net financial items nearly doubled to SEK 150 M. Axfood, Servera and Åhléns all noted improved earnings. · Sales growth continues - sales increased by 12 percent. · Acquisitions and divestments - Åhléns acquired the Kicks cosmetics chain and Servera sold all of its properties. · Strong financial position - the equity/assets ratio rose by 6 percentage points to 60 percent and the net debt/equity ratio remained unchanged at 0. All operations within the Axel Johnson AB Group developed favorably during the

Axel Johnson AB - 2001 Year-end Report

Axel Johnson AB - 2001 Year-end Report · Earnings improvement - pretax earnings more than doubled to SEK 430 M. Axfood, Servera and Åhléns all reported strong results. · Continued growth - sales increased by 7 percent, which was above the average for the sectors concerned. · Strong financial position - the equity/assets ratio rose by 5 percentage points to 54 percent and liquid funds totaled SEK 810 M. 2001 was a successful year for the Axel Johnson AB Group. Earnings after net financial items amounted to SEK 430 M (309). Excluding items affecting comparability, earnings rose 134 percent.

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