YEAR-END REPORT 2015 AXFOOD AB (PUBL)

Fourth quarter summary 2015

  ·
Axfood’s consolidated sales for the period October–December totalled SEK 10,791
m
(9,978), an increase of 8.1%.

  ·
Retail sales for Group-owned stores increased by 7.6% during the period.
Like-for-like sales increased by 5.5% during the period.

  ·
Operating profit for the period was SEK 448 m (372).

  ·
Profit after financial items for the period was SEK 441 m (370).

  ·
Profit after tax was SEK 341 m (277) for the period, and earnings per share were
SEK 1.63 (1.31).

  ·
The Board of Directors proposes an ordinary dividend of SEK 5.00 per share
(4.25)
and an extra dividend of SEK 4.00 per share.

  ·
Axfood expects operating profit for 2016 to exceed the outcome for 2015.

Full-year summary 2015

  ·
Axfood’s consolidated sales for 2015 totalled SEK 41,247 m (38,484), an increase
of
7.2%.

  ·
Operating profit for 2015 was SEK 1,760 m (1,447).
For further information, please contact:
Anders Strålman, President and CEO, Axfood AB, 46 70 293 16 93
Karin Hygrell-Jonsson, CFO, Axfood AB, 46 70 662 69 70
Cecilia Ketels, Head of Investor Relations, Axfood AB, 46 70-280 64 59
At Axfood we work with passion for food and people. Our strength is in
developing and driving successful grocery formats in the Swedish market with
responsibility for the environment and sustainable development. Axfood includes
the Willys and Hemköp chains as well as the Tempo, Handlar’n and Direkten
formats, which are proprietor-owned and organized within Axfood Närlivs. B2B
sales are sold through the Axfood Snabbgross chain, and wholesaling is conducted
through Dagab. Axfood is listed on Nasdaq Stockholm, and the principal owner is
Axel Johnson AB. Read more at www.axfood.se.