Axfood's sales January-October 2003

Axfood's sales January-October 2003 Net sales* (excluding VAT) for stores in Sweden owned by the Group, increased by 13.1% for the month of October, of which same-stores increased by 4.4 %. Consolidated net sales for October totalled SEK 2,890 m (2,846), a increase by 1,5% compared with the same period a year ago. Under the period January-October 2003 the increase was 14.4% for stores in Sweden owned by the Group, of which same stores increased by 3.8%. Consolidated net sales totalled SEK 27,862 m (27,381), an increase of 1.8%. Of total sales, the Swedish operations accounted for SEK 23,526 m (22,731) and Spar Finland for SEK 4,336 m (4,650). Hemköp's sales decreased by 0.4% during the month, of which same-stores increased by 4.5%. Accumulated sales decreased by 3.0%, of which same stores increased by 2.2%. Willys grew its sales by 23.2% during the month, of which same stores increased by 4.5%. Accumulated sales increased by 26.5%, of which same stores increased by 4.1%. Willys hemma grew its sales by 8.5% during the month, of which same stores increased by 2.0%. Accumulated sales increased by 21.3%, of which same stores increased by 0.2%. Spar Finland's sales decreased by 0.4% and in local currency a increase by 1.0%. Accumulated sales fell by 6.8%, and in local currency a decrease by 6.4%. For stores owned by the Group the increase (in local currency) was 2.9%, of which same stores increased by 2.1%. For stores owned by the Group accumulated sales in local currency decreased by 7.8% of which same stores decreased by 7.8%. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/11/05/20031105BIT20270/wkr0005.pdf The entire release