Axfood's sales January-February 2003

Axfood's sales January-February 2003 For stores in Sweden owned by the Group, the increase was 14.5% for the month of February, of which same stores accounted for 4.2%. Consolidated net sales* for the month totalled SEK 2,538 m (2,491), an increase of 1.9% compared with the same period a year ago. Under the period January-February 2003 the increase was 13.9% for stores in Sweden owned by the group, of which same stores accounted for 4.5%. Consolidated net sales totalled SEK 5,240 m (5,106), an increase of 2.6% Of total sales, the Swedish operations accounted for SEK 4,444 m (4,282) and Spar Finland for SEK 796 m (824). Hemköp's sales fell by 4.4% during the month, of which same stores increased by 1.4%. Accumulated sales decreased by 4.7%, of which same stores increased by 1.8% Willys grew its sales by 29.5% during the month, of which same stores increased by 4.4%. Accumulated sales increased by 28.3%, of which same stores increased by 4.6%. Willys Hemma grew its sales by 20.4% during the month, of which same stores decreased by 7.8%. Accumulated sales increased by 24.5%, of which same stores decreased by 7.3% Spar Finland's sales fell by 4.6% and in local currency a decrease by 4.2%. Accumulated sales fell by 3.4%, and in local currency a decrease by 2.9%. For stores owned by the Group the decrease (in local currency) was 5.9%, of which same stores decreased by 6.5%. For stores owned by the Group accumulated sales in local currency decreased by 3.0% of which same stores decreased by 4.0%. Sales per business operation are broken down as follows: Jan-Feb Jan-Feb Change 2003 2002 SEK m. SEK m. % Hemköp 988 1,037 -4.7% Willys 1,571 1,224 28.3% Willys Hemma 203 163 24.5% Spar Finland 796 824 -3.4% Dagab 1) 2,866 2,672 7.3% Axfood Närlivs 713 687 3.8% Other 2) 355 322 10.2% Internal sales 3) -2,252 -1,823 23.5% Total 5,240 5,106 2.6% 1) Of which direct distribution SEK 713 m (504). 2) Includes Axfood Franchise, Axfood Private Label, support companies and joint-Group functions. 3) Of which Dagab SEK 1,981 m (1,606). * The figures are preliminary, definite figures will currently be presented at www.axfood.se under Financial Information. Preliminary sales figures will be presented on the following dates: March 23/4 (quarterly report), April 6/5, May 4/6, June 23/7 (interim report), July 5/8, August 3/9, Sept 22/10 (quarterly report), Oct 5/11, Nov 3/12 For further information, please contact: Lars Nilsson, Executive Vice President and CFO, tel. +46-8-553 998 11, +46-70-569 66 33 Bodil Eriksson, Executive Vice President, Corporate Comms, tel. +46-8-553 998 17, +46-70-629 66 34 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/03/05/20030305BIT00850/wkr0001.doc http://www.waymaker.net/bitonline/2003/03/05/20030305BIT00850/wkr0002.pdf

About Us

Axfood AB conducts retail trade through the wholly owned store chains Hemköp, Willys and Willys hemma and wholesale trade through Dagab and Axfood Närlivs. In addition, Axfood collaborates with a number of proprietor-run stores that are tied to Axfood through agreements.

Subscribe