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BRIEF-Axfood Q1 EBIT in line with expectations
April 20, 2017 / 5:14 AM / 6 months ago

BRIEF-Axfood Q1 EBIT in line with expectations

April 20 (Reuters) - Axfood Ab

* Q1 consolidated net sales amounted to sek 10,639 m (10,305), an increase of 3.2%

* Q1 operating profit 397 m (408 sek)

* Says reiterates forecast

* Says the forecast is an operating profit in 2017 that is level with the outcome for 2016

* Says stands by estimate for food inflation of 1-2% during 2017

* Reuters poll: Axfood Q1 net sales seen at 10,623 million sek, EBIT at 397 million sek Source text for Eikon: Further company coverage: (Reporting by Rebecka Roos)

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