Axfood AB Income Statement

Financials in millions SEK. Fiscal year is January - December.

Millions SEK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	89,152	84,057	81,111	73,474	57,891
Revenue Growth (YoY)	6.06%	3.63%	10.39%	26.92%	7.81%
Cost of Revenue	76,020	71,826	69,536	63,392	48,945
Gross Profit	13,132	12,231	11,575	10,082	8,946
Selling, General & Admin	10,323	9,486	8,651	7,865	6,879
Other Operating Expenses	-802	-735	-725	-758	-585
Operating Expenses	9,521	8,751	7,926	7,107	6,294
Operating Income	3,611	3,480	3,649	2,975	2,652
Interest Expense	-523	-407	-348	-169	-120
Interest & Investment Income	12	17	19	7	4
Earnings From Equity Investments	-48	-58	-59	-66	-46
Other Non Operating Income (Expenses)	-20	-4	25	4	-3
EBT Excluding Unusual Items	3,032	3,028	3,286	2,751	2,487
Merger & Restructuring Charges	-	-	-249	-120	-93
Gain (Loss) on Sale of Investments	-	-143	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	221	-
Other Unusual Items	-	-	-	83	188
Pretax Income	3,032	2,885	3,037	2,935	2,582
Income Tax Expense	656	666	664	565	488
Earnings From Continuing Operations	2,376	2,219	2,373	2,370	2,094
Minority Interest in Earnings	-37	-27	-16	-10	56
Net Income	2,339	2,192	2,357	2,360	2,150
Net Income to Common	2,339	2,192	2,357	2,360	2,150
Net Income Growth	6.71%	-7.00%	-0.13%	9.77%	12.68%
Shares Outstanding (Basic)	216	216	216	213	209
Shares Outstanding (Diluted)	217	217	217	214	210
Shares Change (YoY)	-0.00%	-0.00%	1.31%	1.98%	-0.00%
EPS (Basic)	10.84	10.16	10.92	11.07	10.28
EPS (Diluted)	10.79	10.11	10.87	10.99	10.24
EPS Growth	6.73%	-6.99%	-1.09%	7.28%	12.70%
Free Cash Flow	5,372	4,350	4,284	3,707	3,074
Free Cash Flow Per Share	24.78	20.06	19.76	17.32	14.65
Dividend Per Share	9.000	8.750	8.500	8.150	7.750
Dividend Growth	2.86%	2.94%	4.29%	5.16%	3.33%
Gross Margin	14.73%	14.55%	14.27%	13.72%	15.45%
Operating Margin	4.05%	4.14%	4.50%	4.05%	4.58%
Profit Margin	2.62%	2.61%	2.91%	3.21%	3.71%
Free Cash Flow Margin	6.03%	5.17%	5.28%	5.04%	5.31%
EBITDA	5,074	4,711	4,692	3,861	3,486
EBITDA Margin	5.69%	5.61%	5.79%	5.25%	6.02%
D&A For EBITDA	1,463	1,231	1,043	886	834
EBIT	3,611	3,480	3,649	2,975	2,652
EBIT Margin	4.05%	4.14%	4.50%	4.05%	4.58%
Effective Tax Rate	21.64%	23.09%	21.86%	19.25%	18.90%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.