Axfood AB (OTCPK:AXFOY)

$ 25.22 0 (0%) Market Cap: 5.44 Bil Enterprise Value: 6.34 Bil PE Ratio: 26.22 PB Ratio: 11.32 GF Score: 85/100

Q3 2019 Axfood AB Earnings Call Transcript

Oct 24, 2019 / 07:00AM GMT

Release Date Price: $20.91

Transcript

Klas Balkow;publ;President;CEO

Axfood AB

()-&

So good morning, everyone, and welcome to this presentation of Axfood's report for the third quarter.

My name is Klas Balkow. And with me today, I have our CFO, Mr. Anders Lexmon. We know it's a busy reporting day today. So -- but of course, Anders and I, we truly think this report is the most important one for you. But let's now move on to the report, and I ask you to turn to Page #2.

And here we have our agenda. We will guide you through our key ratios for the quarter as well as our financial position. And I would also like to give you brief update on our progress on our strategic agenda, including also a progress update on our new logistics center in BÃ¥lsta outside Stockholm. After that, we will end this conference with a Q&A session as always.

So let's now turn page to number 3. And here, you have an overview of Axfood. We have a clear House of Brand structure with common logistics and sourcing that create economy of scale. And I'm glad to share with you that we have in

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