(Author's Note: Investors should be mindful of the risks of transacting in securities with limited liquidity, such as AXFOF and ICCGF. The Axfood and ICA International listings in Stockholm, STO:AXFO and STO:ICA, offers stronger liquidity).
In this article, we'll consolidate the FY19 results and dividend increases/expectations for the two major publically listed Grocery FMCG's in Sweden - Axfood (AXFOF) (AXFOY) and ICA Gruppen (ICCGF). I regularly cover the results these companies give us, and they've essentially been unbuyable from an investment standpoint for a full year.
In this article,