STOCKHOLM, Sweden, Sept. 3, 2003 (PRIMEZONE) -- Axfood:
Net sales* (excluding VAT) for stores in Sweden owned by the Group, increased by 13.2% for the month of August, of which same-stores increased by 3.6 %. Consolidated net sales for August totalled SEK 2,852 m (2,896), a decrease by 1.5% compared with the same period a year ago.
Under the period January-August 2003 the increase was 14.5% for stores in Sweden owned by the Group, of which same stores increased by 3.7%. Consolidated net sales totalled SEK 22,240 m (21,897), an increase of 1.6%. Of total sales, the Swedish operations accounted for SEK 18,766 m (18,132) and Spar Finland for SEK 3,474 m (3,765).
Hemkop's sales decreased by 3.2% during the month, of which same-stores increased by 3.7%. Accumulated sales decreased by 3.8%, of which same stores increased by 1.7% Willys grew its sales by 24.5% during the month, of which same stores increased by 3.4%. Accumulated sales increased by 27.3%, of which same stores increased by 4.1%. Willys hemma grew its sales by 14.4% during the month, of which same stores increased by 2.1%. Accumulated sales increased by 24.2%, of which same stores decreased by 0.6% Spar Finland's sales decreased by 11.4% and in local currency a decrease by 11.0%. Accumulated sales fell by 7.7%, and in local currency a decrease by 7.6%. For stores owned by the Group the decrease (in local currency) was 12.8%, of which same stores decreased by 12.3%. For stores owned by the Group accumulated sales in local currency decreased by 9.7% of which same stores decreased by 9.7%.
Sales per business operation are broken down as follows:
Jan-Aug Jan-Aug Change
2003 2002
SEK m. SEK m. %
Hemkop 4,007 4,164 -3.8%
Willys 6,921 5,435 27.3%
Willys hemma 866 697 24.2%
Spar Finland 3,474 3,765 -7.7%
Dagab 1) 12,003 11,549 3.9%
Axfood Narlivs 3,201 3,175 0.8%
Other 2) 1,111 1,359 -18.2%
Internal sales 3) -9,343 -8,247 13.3%
Total 22,240 21,897 1.6%
1) Of which direct distribution SEK 3,076 m (2,491).
2) Includes Spar Sverige AB, Axfood Private Label, support companies
and joint-Group functions.
3) Of which Dagab SEK 8,487 m (7,304).
* 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: Sept 22/10 (quarterly report), Oct 5/11, Nov 3/12
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, Corp Comms tel. +46-8-553 998 17 +46-70-629 66 34
This information was brought to you by Waymaker http://www.waymaker.net
The following files are available for download:
http://www.waymaker.net/bitonline/2003/09/03/20030903BIT00460/wkr0001.doc
http://www.waymaker.net/bitonline/2003/09/03/20030903BIT00460/wkr0002.pdf