STOCKHOLM, Sweden, June 6, 2002 (PRIMEZONE) -- Consolidated net sales (excluding VAT) for the month of May totalled SEK 2,869 m (2,781), an increase of 3.2% compared with the same period a year ago. For stores owned by the Group, the increase was 8.9%.
Net sales for the period January-May 2002 totalled SEK 13,504 m (12,977), an increase of 4.1%. For stores owned by the Group, the increase was 12.0% in Sweden, of which same stores accounted for 4.4%. Of total sales, the Swedish operations accounted for SEK 11,250 m (10,727) and Spar Finland for SEK 2,254 m (2,250).
Hemkop's sales fell by 1.8%. The decrease for same stores was 2.4%. Willys grew its sales by 27.9%, of which same stores accounted for 10.2 percentage points. Willys Hemma grew its sales by 2.4%. The decrease for same stores was 7.0%. Spar Finland grew its sales by 0.2% and in local currency a decrease by 1.3%. For comparable stores owned by the Group the decrease was 1.2%.
Sales per business operation are broken down as follows:
Jan-May Jan-May
2002 2001 Change
SEK m. SEK m. %
Hemkop 2,633 2,682 -1,8%
Willy's 3,283 2,567 27.9%
Willy's Hemma 426 416 2.4%
Spar Finland 2,254 2,250 0.2%
Dagab 7,164 5,733 25.0%
Axfood Narlivs 1,887 1,808 4.4%
Other(1) 839 950 -11.7%
Internal sales -4,982 -3,429 45.3%
Total 13,504 12,977 4.1%
(1) Includes Axfood Direkt, Axfood Franchise, support companies and joint-Group functions.
Preliminary sales figures will be presented on the following dates: June 1st August (Interim report) August 5th September September 23rd October (Quarterly report) October 6th November November 5th December
For further information, please contact: Lars Nilsson, Executive Vice President and CFO, tel. +46-8-553 998 11, +46-70-569 66 33 Kenneth Wall, Press Manager, Axfood, tel. +46-8-553 998 20, +46-703-124 122
This information was brought to you by Waymaker http://www.waymaker.net
The following files are available for download:
http://www.waymaker.net/bitonline/2002/06/06/20020606BIT01010/wkr0001.doc http://www.waymaker.net/bitonline/2002/06/06/20020606BIT01010/wkr0002.pdf