STOCKHOLM, Sweden, Oct. 22, 2003 (PRIMEZONE) -- Axfood:
Net sales (a) (excluding VAT) for stores in Sweden owned by the Group, increased by 14.6% for the month of September, of which same-stores increased by 5.1 %. Consolidated net sales for September totalled SEK 2,741 m (2,638), a increase by 3.9% compared with the same period a year ago.
Under the period January-September 2003 the increase was 14.5% for stores in Sweden owned by the Group, of which same stores increased by 3.7%. Consolidated net sales totalled SEK 24,972 m (24 535), an increase of 1.8%. Of total sales, the Swedish operations accounted for SEK 21,095 m (20,346) and Spar Finland for SEK 3,877 m (4,189).
Hemkop's sales increased by 1.7% during the month, of which same-stores increased by 6.1%. Accumulated sales decreased by 3.3%, of which same stores increased by 1.9%.
Willys grew its sales by 23.7% during the month, of which same stores increased by 4.0%. Accumulated sales increased by 26.9%, of which same stores increased by 4.1%.
Willys hemma grew its sales by 12.1% during the month, of which same stores increased by 3.5%. Accumulated sales increased by 23.0%, of which same stores decreased by 0.1%.
Spar Finland's sales decreased by 2.8% and in local currency a decrease by 2.3%. Accumulated sales fell by 7.4%, and in local currency a decrease by 7.3%. For stores owned by the Group the decrease (in local currency) was 2.6%, of which same stores decreased by 2.7%. For stores owned by the Group accumulated sales in local currency decreased by 9.0% of which same stores decreased by 8.9%.
Sales per business operation are broken down as follows:
Jan-Sept Jan-Sept Change
2003 2002
SEK m. SEK m. %
Hemkop 4 484 4 639 -3,3%
Willys 7 789 6 136 26,9%
Willys hemma 979 796 23,0%
Spar Finland 3 877 4 189 -7,4%
Dagab 1) 13 614 13 024 4,5%
Axfood Narlivs 3 602 3 558 1,2%
Other 2) 1 177 1 539 -23,5%
Internal sales 3) -10 550 -9 346 12,9%
Total 24 972 24 535 1,8%
1) Of which direct distribution SEK 3,484 m (2,807).
2) Includes Spar Sverige AB, Axfood Private Label, support companies and
joint-Group functions.
3) Of which Dagab SEK 9,652 m (8,269).
(a) The figures are preliminary, definite figures will currently be
presented at www.axfood.se under Financial info.
Preliminary sales figures will be presented on the following dates: Oct 5/11, Nov 3/12
For further information, please contact: Lars Nilsson, Executive Vice President and CFO, tel. +46-8-553 998 11, +46-70-569 66 33 Bodil Eriksson, Executive Vice President, Corp Comms, tel. +46-8-553 998 17, +46-70-629 66 34
This information was brought to you by Waymaker http://www.waymaker.net
The following files are available for download:
http://www.waymaker.net/bitonline/2003/10/22/20031022BIT00820/wkr0001.doc
http://www.waymaker.net/bitonline/2003/10/22/20031022BIT00820/wkr0002.pdf