Year-End Report Axfood AB (publ.) for the period 1 January-31 December 2007

Year-End Report Axfood AB (publ.) for the period 1 January-31 December 2007

● Operating profit for the period January-December was SEK 1,121 m. Operating
profit for the preceding year, totalling SEK 1,204 m, included SEK 89 m from the
settlement with the Vi retailers association.

● Profit after financial items for the year was SEK 1,086 m (1,183).

● Profit after tax for the year was SEK 781 m (852), and earnings per share were
SEK 14.88 (16.03).

● Axfood's consolidated sales amounted to SEK 29,189 m (28,808) for the year, an
increase of 1.3%. 

● Like-for-like sales rose 1.1% during the year. Retail sales for Axfood's
wholly owned stores increased by 0.5%. 

● The Board of Directors proposes a ordinary dividend of SEK 12 per share (12)
based on profit for the year.

● Axfood forecasts operating profit for 2008 to be level with 2007.


For further information, please contact:
Anders Strålman, President and CEO, +46-8-553 998 02, +46-708-37 88 37 
Karin Hygrell-Jonsson, CFO Axfood AB, +46 70-662 69 70
Anne Rhenman-Eklund, IR manager Axfood AB, +46 70-280 64 59 




Axfood AB conducts retail trade through the wholly owned store chains Hemköp,
Willys and Willys hemma, comprising slightly more than 220 stores, and wholesale
trade through Dagab and Axfood Närlivs. In addition, Axfood collaborates with a
number of proprietor-run stores that are tied to Axfood through agreements.
These include stores within the Hemköp chain as well as stores run under the
Handlar'n and Tempo profiles. In all, Axfood collaborates with over 500
proprietor-run stores. Axfood is listed on the Nordic Large Cap list of the OMX
Nordic Exchange. Axel Johnson AB is the principal owner, with approximately 46%
of the shares.