Axfood's sales October 2008 Consolidated net sales (excluding VAT) totalled SEK 2,744 m (2,483), a rise of 10.5% compared with the same period a year ago. Net sales for stores in Sweden owned by the Group rose by 12.6% for the month of October, with a 6.4% rise in like-for-like sales. Sales for the period January-October 2008 in wholly owned stores rose by 10.2%, with a 5.6% rise in like-for-like sales. Consolidated net sales totalled SEK 26,262 m (24,019), an increase of 9.3%. Net sales for Axfood's stores (wholly owned and franchise units) rose by 9.9%, with a 5.3% rise in like-for-like sales. Hemköp's sales (wholly owned and franchise units) rose by 3.1 % during the month, with no change in like-for-like sales. Accumulated sales rose by 3.3%, with a 0.1% rise in like-for-like sales. Net sales for Hemköp's wholly owned stores decreased by 0.1% during the month, with a 2.3% decrease in like-for-like sales. Accumulated sales rose by 0.2%, with a 2.3% decrease in like-for-like sales. Willys' sales rose by 11.8% during the month, with a 9.0% rise in like-for-like sales. Accumulated sales rose by 9.7% with a 8.2% rise in like-for-like sales. PrisXtra's net sales* totalled SEK 69 m, a 14.4% rise. Like-for-like sales decreased by 2.9% during the month. Accumulated sales decreased by 0.6%. For further information, please contact: Anne Rhenman-Eklund, IR manager Axfood AB, +46 70-280 64 59 Karin Hygrell-Jonsson, CFO Axfood AB, +46 70-662 69 70 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.
Axfood's sales October 2008
| Source: Axfood AB