Interim Report Axfood AB (publ) for the period 1 January-31 March 2008 • Axfood's consolidated sales amounted to SEK 7,495 m (6,943) during the period, an increase of 8.0%. • Like-for-like sales rose 6.0% during the period. Retail sales for Group-owned stores increased by 8.6%. • Operating profit for the period January-March was SEK 240 m (258). Operating profit for the same period a year ago included a one-time positive effect of SEK 19 m. • Profit after financial items for the period was SEK 226 m (253). • Profit after tax for the period was SEK 163 m (182), and earnings per share were SEK 3.10 (3.47). • Axfood expects 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, Willys hemma and PrisXtra, 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.
Interim Report Axfood AB (publ) for the period 1 January-31 March 2008
| Source: Axfood AB