Axfood's sales January-June 2002

Consolidated net sales (excluding VAT) for the month of June totalled SEK 2,728 m (2,761), a decrease of 1.2% compared with the same period a year ago.

Net sales for the period January-June 2002 totalled SEK 16,197 m
(15,738), an increase of 2.9%. For stores owned by the Group, the
increase was 10.4% in Sweden, of which same stores accounted for 3.4%.
Of total sales, the Swedish operations accounted for SEK 13,449 m (12,
978) and Spar Finland for SEK 2,748 m (2,760).

Hemköp´s sales fell by 2.4%. The decrease for same stores was 2.6%.
Willys grew its sales by 24.5%, of which same stores accounted for 8.7
percentage points.
Willys Hemma grew its sales by 3.6%. The decrease for same stores was
Spar Finland´s sales fell by 0.4% and in local currency a decrease by
1.5%. For comparable stores owned by the Group the decrease was 1.5%.

Sales per business operation are broken down as follows:

Jan-June Jan-June 2002 2001 Change SEK m. SEK m. %Hemköp 3,132 3,210 -2.4Willy's 3,963 3,184 24.5%Willy's 512 494 3.6%HemmaSpar 2,748 2,760 -0.4%FinlandDagab 8,598 7,057 21.8%Axfood 2,301 2,210 4.1%NärlivsOther1) 1,009 1,142 -11.6%Internal -6,066 -4,319 40.4%sales 2)Total 16,197 15,738 2.9%

1) Includes Axfood Direkt, Axfood Franchise, support companies and joint-
Group functions.
2) Of which Dagab SEK 5.362 m (3.790) Accumulated internal sales
for the period January-May have been adjusted by SEK -40 m

Preliminary sales figures will be presented on the following dates:
August 5th September
September 23rd October (Quarterly report)
October 6th November
November 5th December

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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