Year-End Report, Axfood AB (publ.) 1 Jan-31 Dec 2006

Axfood's consolidated sales amounted to SEK 28,808 m (28,086) in 2006, an increase of 2.6%.

Retail sales for Axfood's wholly owned stores rose 4.0% during the year. Like-for-like sales rose 1.0%.

Operating profit for the year was SEK 1,204 m (1,040), including compensation of SEK 89 m from the settlement with the Vi retailers association.

Profit after financial items for the year was SEK 1,183 m (1,026).

Profit after tax for the year was SEK 852 m (729). Earnings per share were SEK 16.03 (13.37).

The Board of Directors proposes a dividend of SEK 12 per share (9) based on profit for the year, plus an extra dividend of SEK 8 (6).

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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