Axfood Sees Net Sales Rise 4.2% In Q1 2019
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).
Try European Supermarket Magazine PREMIUM – 30 Day FREE Trial.
A trial subscription gives unrestricted access to all premium site content, app content, weekly email content and European Supermarket Magazine digital edition for a full 30 days. Try it now!