Interim Report Axfood AB (publ.) for the period 1 January - 30 June 2008

- Axfood's consolidated sales amounted to SEK 15,585 m (14,335) during the period, an increase of 8.7%.

- Like-for-like sales rose 5.3% during the period. Retail sales for Group-owned stores increased by 9.4%.

- Operating profit for the period January–June was SEK 516 m (537). Operating profit for the same period a year ago included a one-time positive effect of SEK 19.

- Profit after financial items for the period was SEK 481 m (520).

- Profit after tax for the period was SEK 346 m (374), and earnings per share were SEK 6.60 (7.14).

- Axfood expects operating profit for 2008 to be level with 2007.