Year-End Report Axfood AB - 1 Jan.-31 Dec. 2011

Year-End Report Axfood AB - 1 Jan.-31 Dec. 2011

- Axfood's consolidated sales for the period October–December totalled SEK ,914
m (8,885), an increase of 0.3%.

- Retail sales for Group-owned stores decreased by 0.8% during the period.
Like-for-like sales decreased by 2.7%.

- Operating profit for the period was SEK 322 m (321).

- Profit after financial items was SEK 312 m (310) for the period.

- Profit after tax for the period was SEK 226 m (227), and earnings per share
were SEK 4.32 (4.32).

- The Board of Directors proposes a dividend of SEK 12 per share (12).

- Hans Holmstedt appointed as new Purchasing Director of Axfood.

- Axfood Närlivs signed an agreement to acquire 50% of Hall Miba AB.

- Most Vi stores converted to Hemköp franchises.

- Axfood's goal for 2012 is to achieve an operating profit at the same level as
in 2011.

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 Communications Axfood AB, 46 70-280 64 59