Axfood AB (OTCPK:AXFOF)

$ 24.27 0 (0%) Market Cap: 4.63 Bil Enterprise Value: 5.58 Bil PE Ratio: 21.81 PB Ratio: 7.64 GF Score: 81/100

Axfood AB to Acquire Bergendahl Food AB and City Gross Sverige AB Call Transcript

May 31, 2021 / 08:00AM GMT

Transcript

Klas Balkow;publ;President;CEO

Axfood AB

()-&

Good morning, everyone. I am Klas Balkow, President and CEO of Axfood. And with me this morning is Anders Lexmon, our CFO.

As always, a warm welcome, and thank you all to listening or -- and watching our webcast, for joining us today at a very short notice. Following the presentation, there will be an opportunity for those of you listening in to ask questions.

But before I start the presentation, just a reminder for all of you to read the disclaimer on Page 22.

Let's now start and go to Page #2 in the presentation. And here, you can see the agenda for today. I will start by giving you a summary of the transaction, and then to give you some background, provide an overview of the food retail market. Then I will talk about the transaction in more detail before I hand over to Anders for comments on the financial impact and implications of the transaction. And then, as I said, we will open up for questions and answers.

So let's start. Please go to next page, Page #3. Today,

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