Axfood AB (publ) reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was SEK 19,252 million compared to SEK 16,593 million a year ago. Net income was SEK 475 million compared to SEK 690 million a year ago.

Basic earnings per share from continuing operations was SEK 2.2. Diluted earnings per share from continuing operations was SEK 2.19.