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April 18, 2015 12:34 AM ET

Trading Companies and Distributors

Company Overview of Axel Johnson AB

Company Overview

Axel Johnson AB builds and develops businesses within trade and services in the European market, primarily in the Nordic countries. The company trades in various products and solutions, such as steel wire rope and wind turbine servicing, pumps, bearings, imaging solutions, and components for heavy vehicles. It also supplies industrial fluid handling equipment; photographic, graphic, and medical equipment; bearings and transmissions; and lifting and lashing products to businesses, such as shipping companies, aircraft manufacturers, and industry. In addition, the company develops and sells components, systems, and customized solutions; operates food chain stores under the names of Hemköp, Will...

Villagatan 6

Box 26008

Stockholm,  100 41

Sweden

Founded in 1873

18,894 Employees

Phone:

46 8 701 61 00

Fax:

46 8 21 30 26

Key Executives for Axel Johnson AB

Chief Executive Officer and President
Age: 46
Owner and Director
Age: 71
Chief Financial Officer
Age: 55
Chief Executive Officer of Saba Trading AB and President - Saba Trading AB
Chief Executive Officer of Novax Ab
Age: 45
Compensation as of Fiscal Year 2014.

Axel Johnson AB Key Developments

Axel Johnson Announces Board Changes

Axel Johnson announced that the company held its annual meeting on March 25, 2015 at which Caroline Berg took over the position of chairman of the Group, succeeding Antonia Ax:son Johnson. She is the fifth generation in the family business to serve as chairman of the Group.

Axel Johnson AB Announces Earnings Result for the Year Ended December 31, 2014

Axel Johnson AB announced earnings result for the year ended December 31, 2014. The company reported net sales were SEK 66,528 million compared with SEK 64,573 million a year ago. EBITDA was SEK 4,203 million compared with SEK 3,605 million a year ago. EBITA was SEK 2,830 million compared with SEK 2,290 million a year ago. Profit after net financial items was SEK 2,425 million compared with SEK 1,860 million a year ago. Cash flow after capital expenditures SEK 2,061 million compared with SEK 1,540 million a year ago.

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