Year-End Report, Axfood AB (publ.) 1 Jan-31 Dec 2006

Axfood's consolidated sales amounted to SEK 28,808 m (28,086) in 2006, an increase of 2.6%.

Retail sales for Axfood's wholly owned stores rose 4.0% during the year. Like-for-like sales rose 1.0%.

Operating profit for the year was SEK 1,204 m (1,040), including compensation of SEK 89 m from the settlement with the Vi retailers association.

Profit after financial items for the year was SEK 1,183 m (1,026).

Profit after tax for the year was SEK 852 m (729). Earnings per share were SEK 16.03 (13.37).

The Board of Directors proposes a dividend of SEK 12 per share (9) based on profit for the year, plus an extra dividend of SEK 8 (6).