STOCKHOLM, Sweden, Aug. 7, 2002 (PRIMEZONE) -- Consolidated net sales* (excluding VAT) for the month of July totalled SEK 2,803 m (2,726), an increase of 2.8% compared with the same period a year ago. For stores owned by the Group, the increase was 11.6% for the month.
Net sales for the period January-July 2002 totaled SEK 19,000 m (18,464), an increase of 2.9%. For stores owned by the Group, the increase was 10.6% in Sweden, of which same stores accounted for 3.9%. Of total sales, the Swedish operations accounted for SEK 15,736 m (15,190) and Spar Finland for SEK 3,264 m (3,274).
Hemkop's sales fell by 2.0%. The decrease for same stores was 2.0%. Willys grew its sales by 23.8%, of which same stores accounted for 8.5 percentage points. Willys Hemma grew its sales by 5.1%. The decrease for same stores was 7.5%. Spar Finland's sales fell by 0.3% and in local currency a decrease by 1.2%. For comparable stores owned by the Group the decrease was 1.2%.
Sales per business operation are broken down as follows: Jan-July Jan-July 2002 2001 Change SEK m. SEK m. % Hemkop 3,634 3,709 -2.0% Willy's 4,675 3,775 23.8% Willy's Hemma 600 571 5.1% Spar Finland 3,264 3,274 -0.3% Dagab 1) 10,045 8,193 22.6% Axfood Narlivs 2,739 2,642 3.7% Other 2) 1,175 1,344 -12.6% Internal sales 3) -7,132 -5,044 41.4% Total 19,000 18,464 2.9% 1) Of which direct distribution SEK 2,144 m (1,128). 2) Includes Axfood Direkt, Axfood Franchise, support companies and joint-Group functions. 3) Of which Dagab SEK 6.319 m (4.401). * 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: 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 Bodil Eriksson, Executive Vice President, Corporate Communications, tel. +46-8-553 998 17, +46-70-629 66 34
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