AXEL JOHNSON

Servera and Martin Olsson to merge

5/6/2011 7:00 AM EST

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...

Year end report 2010

2/25/2011 2:00 AM EST

“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...

2005 Year-end Report – Axel Johnson AB

3/23/2006 3:07 AM EST

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...

New President and CEO of Axel Johnson AB appointed

4/22/2005 3:03 AM EST

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...

Axel Johnson AB – 2004 Year-end report

3/1/2005 5:08 AM EST

· 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...

Axel Johnson AB - 2003 Year-end Report

2/27/2004 2:37 AM EST

·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...

Axel Johnson AB - 2002 Year-end Report

3/5/2003 3:56 AM EST

· 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...

Axel Johnson AB - Report on first half of 2002

8/28/2002 3:30 AM EST

· 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...

Axel Johnson AB - 2001 Year-end Report

3/25/2002 7:23 AM EST

· 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...

Axel Johnson AB # Report on first half of 2001

9/6/2001 10:56 AM EST

Axel Johnson AB - Report on first half of 2001

All operations in the Axel Johnson AB Group developed favorably during
the first six months of 2001. Excluding VAT, sales during the period
amounted to SEK 3.4 billion (3.2). The increase was attributable to the
positive trend of sales within Servera and Åhléns. Including partly
owned companies, sales totalled SEK 21 billion, up 7 percent...

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