ICA store sales during January 2007





ICA store sales during January 2007

Solna February 7, 2007

From the 1st of January ICA will present the ICA store sales in Sweden excluding VAT instead of including VAT as previously reported.

Preliminary figures put January 2007 combined sales for ICA retailers in Sweden at SEK 6 078 million, excluding VAT, up SEK 310 million or 5.4 percent compared to the same month last year. The increase for comparable units was 4.0 percent.

Breakdown of January sales for ICA stores in Sweden:

Maxi ICA Stormarknad stores reported an increase in sales of 10.4 percent to SEK 1 380 million. The increase for comparable units was 2.8 percent.

ICA Kvantum stores reported an increase in sales of 3.5 percent to SEK 1,618 million. The increase for comparable units was 3.6 percent.

ICA Supermarket stores reported an increase in sales of 4.4 percent to SEK 2,152 million. The increase for comparable units was 4.9 percent.

ICA Nära stores reported an increase in sales of 3.8 percent to SEK 928 million. The increase for comparable units was 4.3 percent.

For further information, please contact: ICA press hotline, phone +46 70 253 66 60

----------------------------------------------------------------------------------------------------- About ICA The ICA Group (ICA AB) is one of the Nordic regions leading retail companies, with around 2,300 of its own and retailer-owned stores in Sweden, Norway and in the Baltic States. The Group includes the sales companies ICA Sverige, ICA Norge, Rimi Baltic and Etos. ICA also offers financial services to Swedish customers through ICA Banken. ICA also owns half of Netto Market, with above 80 stores in Sweden. ICA AB is a joint venture 40% owned by Hakon Invest AB and 60% by Royal Ahold N.V. of the Netherlands. According to a shareholder agreement, Royal Ahold and Hakon Invest jointly share controlling influence over ICA AB. Through Royal Ahold, ICA AB is part of an international retail network. For more information, please visit http://www.ica.se

About Us

About ICA ICA wants to make every day a little easier. With a focus on food and meals ICA is the leading retail company in Sweden. ICA owns and manages real estate and financial services. The 1.305 ICA stores in Sweden are operated by independent retailers in collaboration. ICA is a part of ICA Gruppen. For more information about ICA, see ica.se

Subscribe