Brief: Axfood Q2 Operating Profit Rises To SEK 601 Million

Axfood AB

15/07/2019 06:08

July 15 (Reuters) - Axfood AB  AXFO.ST :
    * HIGH GROWTH AND GOOD PROFITABILITY
    * Q2 OF YEAR WAS FAVOURABLY AFFECTED MAINLY BY WILLYS'
CONTINUED
STRONG PERFORMANCE AS WELL AS BY AXFOOD SNABBGROSS'S PROFITABLE
GROWTH
    * Q2 CONSOLIDATED NET SALES AMOUNTED TO SEK 13,038 M
(12,221), AN
INCREASE OF 6.7%
    * Q2 OPERATING PROFIT TOTALLED SEK 601 M (545), AN INCREASE
OF
10.2%
    * OUR SALES GROWTH OF 6.7% IS PROOF THAT OUR VARIOUS FOOD
CONCEPTS
ARE CONSOLIDATING ALREADY STRONG POSITIONS IN THEIR RESPECTIVE
SEGMENTS - CEO

Source text for Eikon:  ID:nWkr3B8f4l 
Further company coverage:  AXFO.ST 

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