Edition:
United Kingdom

Axfood Q2 Operating Profit Rises To SEK 601 Million


Monday, 15 Jul 2019 

July 15 (Reuters) - Axfood AB ::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. 

Company Quote

207.7
3.6 +1.76%
16 Aug 2019