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AXFO — Axfood AB News Story

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Brief: Axfood Proposes Increased Dividend Of SEK 9.00 Per Share

Jan 29 (Reuters) - Axfood AB AXFO.ST:

Q4 EBIT SEK 860 MILLION VERSUS. IBES ESTIMATE SEK 869.2 MILLION

Q4 NET INCOME SEK 574 MILLION

Q4 REVENUE SEK 22,831 MILLION VERSUS. IBES ESTIMATE SEK 23,180 MILLION

Q4 EBIT MARGIN 3.8%

Q4 ADJUSTED EPS SEK 2.6

WE ARE MAINTAINING A HIGH RATE OF NEW STORE ESTABLISHMENTS

OUR AMBITION FOR 2026 IS TO EXPAND STORE NETWORK BY 10-15 NEW GROUP-OWNED STORES.

IN 2026, THESE INVESTMENT NEEDS ARE EXPECTED TO AMOUNT TO SEK 2.2-2.3 BILLION.

PROPOSES AN INCREASED DIVIDEND OF SEK 9.00 PER SHARE (8.75)

Source text: ID:nWkr45Cpt0

Further company coverage: AXFO.ST

 (Gdansk Newsroom)

 ((Gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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