Interim Report Axfood AB - 1 January-30 June 2011


Interim Report Axfood AB - 1 January-30 June 2011

 

- Axfood's consolidated sales for the period April-June totalled SEK
8,889 m (8,583), an increase of 3.6%.

- Retail sales for Group-owned stores rose 1.3% during the period.
Like-for-like sales rose 0.5%.

- Operating profit for the period was SEK 317 m (279).

- Profit after financial items for the period was SEK 307 m (270).

- Profit after tax for the period was SEK 226 m (199), and earnings per
share were SEK 4.30 (3.79).

- Axfood's goal for 2011 is to achieve an operating profit at least at
the same level as in 2010.

- Hemköp will be expanded by approximately 50 stores as a result of
agreements with        Vi retailers.

- Axfood Närlivs signed a renewed agreement with OKQ8.

- Hans Holmstedt was appointed as acting Purchasing Director for Axfood.

For further information, please contact:
Anders Strålman, President and CEO, +46-70-293 16 93
Karin Hygrell-Jonsson, CFO Axfood AB, +46 70-662 69 70
Anne Rhenman-Eklund, Head of Corporate CommunicationsAxfood AB, +46
70-280 64 59

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