Swedish retailer Axfood reported a 4.2% increase in consolidated net sales to SEK 11,931 million (€1.13 billion) in the first quarter of its financial year.
Operating profit was up 11.6%, amounting to SEK 485 million (€45.79 million) during the quarter.
Net profit for the period was SEK 354 million (€33.42 million), with earnings per share (before dilution) of SEK 1.68 (€0.16).