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AXEL JOHNSON'S YEAR-END REPORT FOR 2021 - Record results, rapid renewal and decisive acquisitions

2021 was the strongest year in Axel Johnson’s history. The industrial group Axel Johnson International and Axfood recorded record results, and major investments were made in the form of both acquisitions and physical infrastructure, particularly in highly automated warehouses. Axel Johnson’s turnover amounted to SEK 94.7 billion (86.9) and our profitAX to SEK 3,669 million (2,754).

The Axel Johnson Group enters agreement on building Sweden's largest solar parks

Axel Johnson's group companies have signed agreements with the solar energy company Alight, which means that a total of three solar parks with a total annual production of more than 90 Gigawatt hours (GWh) will be built. This means more than a doubling compared with Sweden's currently established solar parks.

​Axel Johnson creates Axbeautyhouse

To strengthen the position within a growing beauty market, Axel Johnson is now creating a whole new unit, Axbeautyhouse, which will be responsible for beauty purchases for the group companies Åhléns and KICKS.

Axel Johnson already owns several companies within the beauty market. By bringing together the purchasing departments for beauty in Åhléns and KICKS under a whole new unit, Axbeautyho

Always long-term. Always impatient.

Axel Johnson is a leading family business in rapid renewal, focusing on the group's 10/50/50 target. The group companies currently consist of wholly-owned Axel Johnson International, AxSol, Martin & Servera, and Novax, as well as the partially owned publicly listed Axfood (ownership stake 50.1%) and Dustin (ownership stake 50.1%). In 2023, Axel Johnson's net turnover amounted to approximately 127 billion Swedish kronor, and the group companies collectively employ around 25,000 people. Axel Johnson is a family business run by the fifth generation and is owned by Antonia Ax:son Johnson and her family.

Axel Johnson

Villagatan 6
100 41 Stockholm
Sverige

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