STOCKHOLM, Sweden, Feb. 6, 2003 (PRIMEZONE) -- Axfood (Stockholm:AXFO) today announced that for stores in Sweden owned by the Group, the increase was 13.3% for the month of January, of which same stores accounted for 4.7%. Consolidated net sales(a) (excluding VAT) for the month totaled SEK 2,699 m (2,615), a increase of 3.2% compared with the same period a year ago. Of total sales, the Swedish operations accounted for SEK 2,300 m (2,205) and Spar Finland for SEK 399 m (410).
Hemkop's sales fell by 5.0% during the month, of which same stores increased by 2.1%. Willys grew its sales by 27.2% during the month, of which same stores increased by 4.8%. Willys Hemma grew its sales by 27.2% during the month, of which same stores decreased by 6.9%. Spar Finland's sales fell by 2.7% and in local currency a decrease by 2.1%. Net sales for stores owned by the Group (in local currency) was unchanged compared with the same period a year ago. Comparable stores decreased by 1.8%.
Sales per business operation are broken down as follows:
Jan-Dec Jan-Dec Change
2002 2001
SEK m. SEK m. %
Hemkop 510 537 -5.0%
Willys 800 629 27.2%
Willys Hemma 103 81 27.2%
Spar Finland 399 410 -2.7%
Dagab 1) 1,499 1,389 7.9%
Axfood Narlivs 374 353 5.9%
Other 2) 194 158 22.8%
Internal sales 3) -1,180 -942 25.3%
Total 2,699 2,615 3.2%
1) Of which direct distribution SEK 381 m (256).
2) Includes Axfood Franchise, Axfood Private Label, support
companies and joint-Group functions.
3) Of which Dagab SEK 1,034 m (834).
(a) The figures are preliminary, definite figures will currently be presented at www.axfood.se under Financial Information.
For further information, please contact: Lars Nilsson, Executive Vice President and CFO tel. +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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