2. Axfood AB 1 January – 30 September 2009
• Consolidated sales : SEK 23,947 m
(23,519), an increase of 1.8%
• Good operating profit: SEK 838 m
(800)
• Operating margin: 3.5% (3.4)
2
3. Hemköp 1 January – 30 September 2009
• Positive result despite restructuring costs
– Improved cost control
– Increased gross profit
• Focus on improving sales
• Continued high pace in action programme
for underperforming stores
3
4. Willys 1 January – 30 September 2009
• Continued good performance
• Leading position in soft discount
– Good store operations
– Attractive mix between price &
assortment
– Increased marketing activities
• Renewal of concept according to
plan, so far 24 stores
4
5. PrisXtra 1 January – 30 September 2009
• New president
• Decrease in sales for two stores due
to major road work
• Focus on improving sales
5
6. Axfood Närlivs 1 January – 30 September 2009
• Renewed contract with EMAB
• Good development despite fierce
competition
• Cash & Carry showed very strong
performance
6
7. Dagab 1 January – 30 September 2009
• Continued excellent service
level
• Implementation of Autoorder
continued as planned
7
8. Well positioned in a weak economy
• Continued strong price competition
and weak economy
• Increased price consciousness
among customers
%
• We will continue offering Private label share
25
competitive prices 20
• Development of private label 15
10
5
0
-01 -02 -03 -04 -05 -06 -07 -08
8
9. Unchanged strategy for profitable growth
• Continued strong cost control
• Continued focus on sales growth
• Develop and improve the various
concepts
• Good price & product range
• Greater efficiency
9
10. Axfood´s goal for 2009
Axfood´s goal for 2009 is to
achieve an operating profit of at
least SEK 1 billion
10
11. Financial
Performance
1 January – 30 September 2009
12. Axfood AB 1 January – 30 September 2009
• Strong cost control
• Good profitability
• Stable sales
Group, SEK m 2009 2008 Change
Net sales 23,947 23,519 +1.8 %
Operating profit 838 800 + 4.8%
Operating margin 3.5% 3.4% -
12
15. PrisXtra 1 January – 30 September 2009
• Main focus on sales growth and
store performance
SEK m 2009 2008 Change
Net sales 542 450 -
Operating profit 4 8 -
Operating margin 0.7% 1.8% -
15
16. Axfood Närlivs 1 January – 30 September 2009
• High level of delivery reliability
• Good development despite competitive
market
SEK m 2009 2008 Change
Net sales 4,190 4,268 -1.8%
Operating profit 106 88 + 20.5%
Operating margin 2.5% 2.1% -
16
17. Dagab 1 January – 30 september 2009
• Excellent service level
SEK m
2009 2008 Change
Net sales 17,774 17,374 + 2.3%
Operating profit 98 93 + 5.4%
Operating margin 0.6% 0.5% -
17
18. Other 1 January – 30 September 2009
• Sales: SEK 2,460 m (1,411)
• Operating profit: SEK 65 m (80)
• Increased sales are driven by fruit &
vegetables and centrally packed meat
• Lower overhead costs
• Changes in internal pricing since Q3 2008
has affected the operating profit for the
two first quarters 2009
18
21. Financial targets & dividend policy
• Axfood´s goal for 2009 is to
achieve an operating profit of
at least SEK 1 billion
• Equity ratio of at least 25%
• Shareholder dividend of at
least 50% of profit for the year
after tax, for 2008 the
dividend was SEK 8 (12)
• Long term target for operating
margin: 4%
21
