STOCKHOLM, Sweden, March 5, 2003 (PRIMEZONE) -- Axfood today announced stores in Sweden owned by the Group, the increase was 14.5% for the month of February, of which same stores accounted for 4.2%. Consolidated net sales(a) for the month totalled SEK 2,538 m (2,491), an increase of 1.9% compared with the same period a year ago.
Under the period January-February 2003 the increase was 13.9% for stores in Sweden owned by the group, of which same stores accounted for 4.5%. Consolidated net sales totalled SEK 5,240 m (5,106), an increase of 2.6% Of total sales, the Swedish operations accounted for SEK 4,444 m (4,282) and Spar Finland for SEK 796 m (824).
Hemkop's sales fell by 4.4% during the month, of which same stores increased by 1.4%. Accumulated sales decreased by 4.7%, of which same stores increased by 1.8% Willys grew its sales by 29.5% during the month, of which same stores increased by 4.4%. Accumulated sales increased by 28.3%, of which same stores increased by 4.6%. Willys Hemma grew its sales by 20.4% during the month, of which same stores decreased by 7.8%. Accumulated sales increased by 24.5%, of which same stores decreased by 7.3% Spar Finland's sales fell by 4.6% and in local currency a decrease by 4.2%. Accumulated sales fell by 3.4%, and in local currency a decrease by 2.9%. For stores owned by the Group the decrease (in local currency) was 5.9%, of which same stores decreased by 6.5%. For stores owned by the Group accumulated sales in local currency decreased by 3.0% of which same stores decreased by 4.0%.
Sales per business operation are broken down as follows:
Jan-Feb Jan-Feb Change
2003 2002
SEK m. SEK m. %
Hemkop 988 1,037 -4.7%
Willys 1,571 1,224 28.3%
Willys Hemma 203 163 24.5%
Spar Finland 796 824 -3.4%
Dagab 1) 2,866 2,672 7.3%
Axfood Narlivs 713 687 3.8%
Other 2) 355 322 10.2%
Internal sales 3) -2,252 -1,823 23.5%
Total 5,240 5,106 2.6%
1) Of which direct distribution SEK 713 m (504).
2) Includes Axfood Franchise, Axfood Private Label, support companies and joint-Group functions.
3) Of which Dagab SEK 1,981 m (1,606).
(a) The figures are preliminary, definite figures will currently be presented at www.axfood.se under Financial Information.
Preliminary sales figures will be presented on the following dates: March 23/4 (quarterly report), April 6/5, May 4/6, June 23/7 (interim report), July 5/8, August 3/9, Sept 22/10 (quarterly report), Oct 5/11, Nov 3/12
For further information, please contact: Lars Nilsson, Executive Vice President and CFO +46-8-553 998 11, +46-70-569 66 33 Bodil Eriksson, Executive Vice President, Corporate Comms tel. +46-8-553 998 17, +46-70-629 66 34
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