Former Axfood CEO Klas Balkow is joining Axel Johnson’s Board of Directors following his election at the Annual General Meeting. With a solid background in retail and the food industry, including many years as CEO of Axfood, Klas Balkow will be a strong addition to the board.
The year 2024 can be summed up as a year of stable results in challenging markets. Sales amounted to SEK 144 (126.7) million and profitAX* to SEK 4.1 (4.4) billion. Our two largest group companies, Axfood and Axel Johnson International, managed to maintain their profit levels from their all-time high results of 2023.
The board of Axel Johnson has decided that Caroline Berg will continue as permanent CEO of the company after having served as interim CEO since November 2024. At the same time, Marie Ehrling, who has been vice chair of the board since 2015, will take over the role of chair of the board.
Axel Johnson announced today that Thomas Ekman and the board have agreed that Thomas will step down from his position as CEO of the company. Board Chair, Caroline Berg, will take on the role of interim CEO starting today, while a recruitment process to find a new CEO begins. Thomas Ekman will remain with the company until December 31, 2024, to ensure a smooth transition.
Hanna Graflund Sleyman, previously CEO for Kicks Group, among other positions, has been appointed Executive Vice President for Emerging Technology at Axel Johnson, with the task to further strengthen the capabilities and development of emerging technologies within the group.
Axel Johnson extends its partnership with The Global Village/Järvaveckan until 2026. This year's Järvaveckan takes place from May 29 to June 1, and Axel Johnson is participating alongside companies from the group and partners from civil society.
Axel Johnson AB, through its wholly owned subsidiary AxMedia AB ("Axel Johnson"), has acquired 6.7 million shares in Dustin Group AB at an average price of SEK 13.50. This means that Axel Johnson's ownership now exceeds 50 percent, amounting to 50.1 percent. The increase is motivated by a strong belief in Dustin's position and future prospects, and Axel Johnson's ambition to support Dustin's conti
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.
