Hemköp's sales increased by 5.6 percent in October

Hemköp's sales increased by 5.6 percent in October Hemköp posted a 5.6 percent increase in October sales, including VAT, to SEK 510 m (483). Accumulated sales in 1999, including VAT, have increased by 7.1 percent to SEK 4,857 m (4,536). For further information, please contact: Hemköpskedjan AB, Tel +46 23 589 00 Håkan Matz, President and CEO Dan Lundqvist, Vice President and CFO Bengt Andersson, Vice President, Marketing Hemköp, which is quoted on the A-list of the Stockholm Stock Exchange, is one of Sweden's leading retail food chains, with some 100 stores nationwide. Hemköp's concept is based on the cornerstones of quality, the environment and health. Hemköp had earnings of SEK 162 m in 1998, on sales of slightly more than SEK 4.9 billion, excluding VAT. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/11/16/19991116BIT00360/bit0001.doc http://www.bit.se/bitonline/1999/11/16/19991116BIT00360/bit0002.pdf