Year-End Report, Axfood AB (publ.) 1 January–31 December 2005

Spar Finland is reported as a discontinued operation on a separate line in the profit and loss account, and thus the figures below pertain to continuing operations. • Axfood's consolidated sales amounted to SEK 28,086 m (28,658) in 2005, a decrease of 2.0%. Consolidated sales during the fourth quarter totalled SEK 7,305 m (7,233), an increase of 1.0%. • Retail sales for Axfood's wholly owned stores rose 4.8% for the year. Same-store sales decreased by 2.3%. • Operating profit for the year was SEK 1,040 m (1,126). Operating profit for the fourth quarter was SEK 215 m (287). • Profit after financial items was SEK 1,026 m for the year (1,096). Profit for the fourth quarter was SEK 212 m (282). • Profit after tax was SEK 729 m (786) for the year. Earnings per share were SEK 13.37 (14.67). • The Board of Directors proposes a dividend of SEK 9 per share (6.50) based on profit for the year, plus an extra dividend of SEK 6 per share (4.50), to adapt shareholders' equity. • Profit for 2006 is expected to be level with 2005.

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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