Interim Report Axfood AB, 1 January-30 September 2004
Interim Report Axfood AB, 1 January-30 September 2004 · Axfood's consolidated sales during the first nine months of the year amounted to SEK 25,330 m (24,972), an increase of 1.4%. Retail sales for Axfood's wholly owned stores in Sweden rose 7.5%, with a 4.1% rise in same-store sales. Retail sales for wholly owned stores in Spar Finland rose 7.1% during the period in local currency, with a 2.5% drop in same-store sales. · Operating profit for the third quarter, which was the best in Axfood's history, was SEK 316 m (242), with an operating margin of 3.7% (2.9%). · Operating profit for the