Axfood AB (publ) (AXFOF) Q4 2024 Earnings Call Transcript

2025-01-31 14:12:29 ET

Axfood AB (publ) (AXFOF)

Q4 2024 Earnings Conference Call

January 30, 2025, 03:30 AM ET

Company Participants

Alexander Bergendorf - Head of Investor Relations

Simone Margulies - President and Chief Executive Officer

Anders Lexmon - Chief Financial Officer

Conference Call Participants

Rob Joyce - BNP Paribas Exane

Gustav Hageus - SEB

Nicklas Skogman - Nordea

Presentation

Alexander Bergendorf

Good morning. This is the Axfood Year End Report 2024 Telephone Conference. And with me today are Simone Margulies, President and CEO; and Anders Lexmon, CFO. My name is Alexander Bergendorf, and I'm the Head of Investor Relations at Axfood. In the Investors section of our axfood.com website, you will find the presentation material for today's call. We encourage you to have that presentation at hand as you listen to our prepared commentary. After the presentation, we will be taking questions. A recording of this call will be made available on our website.

With that, I will now hand over the words to Simone. So, please go to Page 2, and please go ahead, Simone.

Simone Margulies

Thank you, Alex and good morning, everyone.

2024 was an eventful year for Axfood, a year with continuous strong operational development. For us, what really drives long term growth and profitability in food retail is customer traffic, loyalty, and volume growth. Our strong development in all these areas is clear evidence to how much our customers appreciate our offerings.

In addition, 2024 was also a year with continued progress in our initiatives and investments for the future, including the acquisition of City Gross as well as in logistics and sustainability. I will cover all these areas in the presentation....

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