Interim Report Axfood AB (publ) for the period 1 January–30 September 2008

- Axfood’s consolidated sales amounted to SEK 23,519 m (21,536) during the period, an increase of 9.2%.

- Like-for-like sales rose 5.6% during the period. Retail sales for wholly owned stores increased by 9.9%.

- Operating profit for the period January–September was SEK 800 m (857). Operating profit for the same period a year ago included a one-time positive effect of SEK 19 m.

- Profit after financial items for the period amounted to SEK 747 m (831).

- Profit after tax for the period was SEK 538 m (598), and earnings per share were SEK 10.26 (11.40).

- Axfood expects operating profit for 2008 to be level with 2007.

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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