Axfood´s sales January-November 2001

Consolidated net sales (excluding VAT) for the month of November totalled SEK 2,852 m (2,674), an increase of 6.7% compared with the same period a year ago.

For the period January-November 2001, net sales amounted to SEK 29,481 m
(27,490), an increase of 7.2%. For comparable stores owned by the Group,
the increase was 4.5%. Of total sales, the Swedish operations accounted
for SEK 24,287 m (22,817) and Spar Finland for SEK 5,194 m (4,673).

Hemköp's sales fell by 0.6%. The decrease for same stores was 1.2%.
Axfood Lågpris grew its sales by 48.1%, of which same stores accounted
for 10.3 percentage points.
Spar Finland reported a sales increase of 11.1%, of which 9.7 percentage
points are attributable to currency translation. For comparable stores
owned by the Group the increase was 8.8%.

Sales per business operation are broken down as follows:

Jan.-Nov. Jan.-Nov. 2001 2000 Change SEK m. SEK m. %Hemköp 5,828 5,866 -0.6%Willy's 7,154 4,832 48.1%Spar Finland 5,194 4,673 11.1%Axfood wholesaling 16,954 15,838 7.0%Other1) 2,154 1,824 18.1%Internal sales -7,803 -5,543 40.8%Total 29,481 27,490 7.2%

1) Includes Axfood Direkt, Axfood Franchise, support companies and joint-
Group functions.

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.


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