Axfood´s sales Jan-Aug 2002

Axfood´s sales January-August 2002 Consolidated net sales* (excluding VAT) for the month of August totalled SEK 2,892 m (2,857), an increase of 1.2% compared with the same period a year ago. For stores in Sweden owned by the Group, the increase was 9.3% for the month, of which same stores accounted for 3.7%. For stores in Finland owned by the Group the increase was 1.1% in local currency. Net sales for the period January-August 2002 totalled SEK 21,893 m (21,321), an increase of 2.7%. For stores owned by the Group, the increase was 10.4% in Sweden, of which same stores accounted for 3.9%. Of total sales, the Swedish operations accounted for SEK 18,130 m (17,533) and Spar Finland for SEK 3,763 m (3,788). Hemköp´s sales fell by 2.0%. The decrease for same stores was 2.0%. Willys grew its sales by 22.9%, of which same stores accounted for 8.6 percentage points. Willys Hemma grew its sales by 6.6%. The decrease for same stores was 8.2%. Spar Finland´s sales fell by 0.7% and in local currency a decrease by 1.4%. For comparable stores owned by the Group the decrease was 0.9%. Sales per business operation are broken down as follows: Jan-Aug Jan-Aug 2002 2001 Change SEK m. SEK m. % Hemköp 4,164 4,249 -2.0% Willy's 5,434 4,420 22.9% Willy's Hemma 698 655 6.6% Spar Finland 3,763 3,788 -0.7% Dagab 1) 11,550 9,536 21.1% Axfood Närlivs 3,175 3,067 3.5% Other 2) 1,353 1,539 -12.1% Internal sales 3) -8,244 -5,933 39.0% Total 21,893 21,321 2,7% 1) Of which direct distribution SEK 2,495 m (1,366). 2) Includes Axfood Direkt, Axfood Franchise, support companies and joint- Group functions. 3) Of which Dagab SEK 7,304 m (5,176). * The figures are preliminary, definite figures will currently be presented at www.axfood.se under Financial Information. Preliminary sales figures will be presented on the following dates: September 23rd October (Quarterly report) October 6th November November 5th December For further information, please contact: Lars Nilsson, Executive Vice President and CFO, tel. +46-8-553 998 11, +46-70-569 66 33 Bodil Eriksson, Executive Vice President, Corporate Communications, tel. +46-8-553 998 17, +46-70-629 66 34 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/09/05/20020905BIT00510/wkr0001.doc http://www.waymaker.net/bitonline/2002/09/05/20020905BIT00510/wkr0002.pdf