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


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.

For further information, please contact:
Anders Strålman, President and CEO, +46-8-553 998 02, +46-70-293 16 93 
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.

Attachments

07162114.pdf