Björn Annwall to join Axel Johnson’s Board
Björn Annwall, CFO of Volvo Cars, has been appointed to the board of Axel Johnson AB.
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Axel Johnson’s fintech startup Humla tailors financial services for retail and initiates collaboration with SEBx
Axel Johnson’s fintech startup Humla develops financial services for the future of retail. Humla is now entering into a strategic partnership with Swedish bank SEB’s innovation studio SEBx to develop services based on the bank’s new platform for Banking as a Service.
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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).
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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.
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AxSol invests in Epishine's revolutionary solar cells for indoor use
AxSol, the solar energy group of Axel Johnson, has led the current financing round in Epishine, a solar cell company which has developed a pioneering, patented process for printing organic solar cells with industry-leading low-light efficiency.
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Axel Johnson becomes full owner of Skincity, aiming for strong growth
Axel Johnson becomes full owner of skin care company Skincity after acquiring the 18 percent ownership share from founders Mikael Kjellman and Annica Forsgren Kjellman.
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Axel Johnson's Year End Report for 2020 - Accelerated renewal and financial strength despite the challenging climate
2020 was an exceptional year for all of Axel Johnson’s operations. Axel Johnson’s sales amounted to SEK 86.9 (88.2) billion, and our profitAX was SEK 2,754 (3,400) million, while cash flow after investments was stronger at SEK 2,016 (20) million, which provides a continued solid financial platform and plenty of scope for renewal.
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Sara Öhrvall new COO for Axel Johnson
Sara Öhrvall will start after the summer as the new COO and member of group management at Axel Johnson. She is expected to take over after the summer. She comes most recently from SEB, where she is currently Chief Transformation Officer.
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Next step in Axel Johnson's solar energy investment strategy: Axsol invests in SVEA Solar
Through Axsol, Axel Johnson invests in Svea Solar, the market leading B2C player in solar energy in the Swedish market.
Svea Solar was founded in 2013 by Erik Martinson and Björn Lind, before Nolan Gray joined in 2015. In 2018, the company had sales of 244 million, and in 2019 sales nearly doubled. Svea Solar has a unique position in the Swedish market, with nationwide geographical presence and -
Hedvig raises 100M SEK from Swedish retail titan Axel Johnson and San Francisco-based Obvious Ventures to bring its nice insurance to the masses
Hedvig, the Stockholm-based digital insurer has raised 100 million SEK in a Series A funding to bring their digital insurance service, with a radically different business model and people-first approach, to the masses.
The round was led by San-Francisco based Obvious Ventures which was founded by Twitter co-founder Ev Williams, James Joaquin and Vishal Vasishth and whose #worldpositive investme -
Axel Johnson's Year End Report for 2018
Another good year for Axel Johnson
2018 was a good year for Axel Johnson. The Group’s total sales amounted to SEK 82,354 million (77,174), an increase of 7 percent. ProfitAX for the year amounted to SEK 3,021 million (3,020) on par with the previous year’s operating profit (SEK 3,020 million), however the previous year’s earnings included a capital gain of SEK 255 million following the sale of -
David Salsbäck new Director of Communications and Sustainability at Axel Johnson
David Salsbäck has been appointed new Director of Communications and Sustainability at Axel Johnson. His most recent position was as Director of Communications at Bonnier.
David Salsbäck has held several roles within Bonnier, where he has been the Director of Communications for the past five years. Prior to that, he worked at the global communications firm JKL.
“David has extensive experienc
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