Axfood´s sales Jan-Dec 2002

Axfood's sales January-December 2002 For stores in Sweden owned by the Group, the increase was 4.9% for the month of December, of which same stores accounted for 1.7%. Consolidated net sales (excluding VAT) for the month totalled SEK 2,988 m (2,959), an increase of 1.0% compared with the same period a year ago. Under the period January-December the increase was 9.6% for stores in Sweden owned by the Group, of which same stores accounted for 3.4%. Consolidated net sales totalled SEK 33,115 m (32,428), an increase of 2.1%. Of total sales, the Swedish operations accounted for SEK 27,578 m (26,745) and Spar Finland for SEK 5,537 m (5,683). Hemköp's sales fell by 8,9% during the month, of which same stores decreased by 1.0%. Accumulated sales decreased by 3.0%, of which same stores decreased by 1.6%. Willys grew its sales by 17.4% during the month, of which same stores increased by 3.6%. Accumulated sales increased by 21.0% of which same stores increased by 6.6%. Willys Hemma grew its sales by 21.2% during the month, of which same stores decreased by 11.0%. Accumulated sales increased by 12.9%, of which same stores decreased by 8.4%. Spar Finland's accumulated sales fell by 2.6% and in local currency a decrease by 1.6%. For stores owned by the Group the decrease (in local currency) was 5.4% during the month, of which same stores decreased by 6.4%. For stores owned by the Group the decrease in local currency was 2.2% for the period January-December, of which same stores decreased by 1.6%. Sales per business operation are broken down as follows: Jan-Dec Jan-Dec Change 2002 2001 SEK m. SEK m. % Hemköp 6,341 6,536 -3.0% Willys 8,398 6,943 21.0% Willys Hemma 1,108 981 12.9% Spar Finland 5,537 5,683 -2.6% Dagab 1) 17,906 15,054 18.9% Axfood Närlivs 4,713 4,618 2.1% Other 2) 2,118 2,329 -9.1% Internal sales 3) -13,006 -9,716 33.9% Total 33,115 32,428 2.1% 1) Of which direct distribution SEK 3,898 m (2,264). 2) Includes Axfood Franchise, Axfood Private Label, support companies and joint-Group functions. 3) Of which Dagab SEK 11,502 m (8,439). Preliminary sales figures will be presented on the following dates: Feb 5/3, March 23/4 (quarterly report), April 6/5, May 4/6, June 23/7 (interim report), July 5/8, August 3/9, Sept 22/10 (quarterly report), Oct 5/11, Nov 3/12. 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 Comms, 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/2003/02/06/20030206BIT00940/wkr0001.doc http://www.waymaker.net/bitonline/2003/02/06/20030206BIT00940/wkr0002.pdf