Axfood's sales July 2004

Axfood's sales July 2004 Net sales* (excluding VAT) for stores in Sweden owned by the Group, increased by 6.8% for the month of July, of which same-stores increased by 4.0%. Consolidated net sales for July totalled SEK 2,847 m (2,888), a decrease by 1.4% compared with the same period a year ago. Under the period January-July 2004 the increase was 8.4% for stores in Sweden owned by the Group, of which same-stores increased by 5.0%. Consolidated net sales totalled SEK 19, 693 m (19,388), an increase of 1.6%. Of total sales, the Swedish operations accounted for SEK 16,655 m (16,358) and Spar Finland for SEK 3,038 m (3,030). Hemköp's sales decreased by 0.4% during the month, of which same-stores increased by 1.1%. Accumulated sales increased by 0.8%, of which same-stores increased by 3.6%. Willys grew its sales by 11.8 % during the month, of which same-stores increased by 6.2%. Accumulated sales increased by 13.8%, of which same-stores increased by 5.7%. Willys hemma decreased its sales by 2.9 % during the month, of which same-stores decreased by 2.9%. Accumulated sales increased by 1.2%, of which same-stores increased by 0.3%. Spar Finland's sales decreased by 6.0% or by 6.2% in local currency. Accumulated sales increased by 0.3%, or by 0.2% in local currency. For stores owned by the Group the increase in local currency was 7.5%, of which same-stores decreased by 5.1%. For stores owned by the Group accumulated sales in local currency increased by 7.3% of which same-stores decreased by 1.7%. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/08/04/20040804BIT20730/wkr0001.pdf The entire report