Sweden

Swedish Retailer Axfood Reports 'Strong' First Quarter

Swedish retailer Axfood has reported ‘high growth and improved profitability’ in the first quarter of its financial year. The company&r...

Swedish Hygiene Group Essity Starts Making Surgical Masks

Swedish hygiene products company Essity AB has started the production of surgical face masks that are considered a moderate barrier against the s...

Swedish Retailers Fearful Over Prolonged Coronavirus Crisis

Some 30% of Swedish retailers fear that they would be forced to close their operations in the event that the coronavirus crisis were to persist for another...

Swedish Economy Seen Shrinking 4% In 2020 As Pandemic Hits

Sweden's economy is set to shrink 4% this year the coronavirus outbreak hits supply and demand, a plunge rivalling that experienced during the global finan...

Sweden's Essity Maxes Output As Coronavirus Drives Consumer Stockpiling

Swedish hygiene products giant Essity has increased its output to full capacity to cope with higher demand across markets, especially for toilet paper, as...

Änglamark Named Sweden's Greenest Brand

Coop's eco-friendly brand, Änglamark, has been named Sweden's favourite green brand, according to a new survey, while Coop came in second place and Ar...

Sweden's ICA Sees Sales Rise In January

Swedish retailer ICA has posted a 5% year-on-year increase in sales in January, amounting to SEK 9,803 million (€930.18 million) excluding VAT. Lik...

Sweden's ICA Sees Slight Profit Decrease In Fourth Quarter

Swedish retailer ICA Gruppen has posted a profit of SEK 915 million (€86.7 million) in the fourth quarter of its financial year, which is down 1.6% fr...