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Categories: Corporate Results

Interim Report Axfood AB: 1 January–30 September 2008

Source: Axfood AB
14/10/2008

October 14, 2008

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• Axfood’s consolidated sales amounted to SEK 23,519 m (21,536) during the period, an increase of 9.2%.

• Like-for-like sales rose 5.6% during the period. Retail sales for wholly owned stores increased by 9.9%.

• Operating profit for the period January–September was SEK 800 m (857). Operating profit for the same period a year ago included a one-time positive effect of SEK 19 m.

• Profit after financial items for the period amounted to SEK 747 m (831).

• Profit after tax for the period was SEK 538 m (598), and earnings per share were SEK 10.26 (11.40).

• Axfood expects operating profit for 2008 to be level with 2007.

 

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