ICA Gruppen year-end report 2017

Good sales – establishment of dark store

Quarter four 2017 in summary

• Consolidated net sales amounted to SEK 27,845 million (26,920), an increase of 3.4%
• Operating profit excluding items affecting comparability totalled SEK 1,172 million (1,180)
• Operating profit excluding items affecting comparability include costs of SEK 15 million for the planned integration of the acquisition of IKI in Lithuania
• For the corresponding period a year ago, operating profit excluding items affecting comparability included profit of SEK 33 million from ICA Eiendom in Norway, which was divested in 2017
• Profit for the period was SEK 892 million (784). Profit includes capital gains on sales of non-current assets and impairment losses totaling SEK 9 million net (-151)
• Earnings per share were SEK 4.41 (3.89)
• Cash flow from operating activities amounted to SEK 1,606 million (2,689). Excluding ICA Bank, cash flow was SEK 2,634 million (2,645)
• ICA Gruppen's board of directors proposes a dividend for 2017 of SEK 11.00 per share (10.50), corresponding to 53% (62%) of profit for the year

After the end of the quarter

• Decision to establish a dark store for grocery products in Stockholm no later than the third quarter of 2018

Comment from the CEO of ICA Gruppen, Per Strömberg:

“We are entering 2018 with good momentum – strong sales for ICA Sweden, favourable earnings

from our businesses and a continued high level of activity in our future ventures. Our e-commerce

business continues to show favourable growth into the first quarter, and against the background of

higher volumes, we have now taken the decision on the next natural step for our online business

– to establish a dark store for grocery products in Stockholm.”

For further information, please contact:

Frans Benson, Head of Investor Relations

tel. +46 8-561 500 20

ICA Gruppen press service

Tel +46 10 422 52 52

Press and analyst meeting

ICA Gruppen is arranging a press and analyst meeting on Thursday February 8 at 10.00 CET at IVA Grev Turegatan 16 in Stockholm. CEO Per Strömberg and CFO Sven Lindskog will present the interim report. The conference can also be followed at www.icagruppen.se/investerare.

To call in, please dial:   

SE +46856642508

UK +442030089813

Calendar

12 April 2018                        Annual General Meeting

27 April 2018                        Q1 interim report

16 August 2018                    Q2 interim report

25 October 2018                   Q3 interim report

13 December 2018               Capital Markets Day

7 February 2019                   2018 year-end report

This information is such that ICA Gruppen AB is obligated to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication at time 07.00 CET on Thursday February 8, 2018.

ICA Gruppen AB (publ) is a leading retail company with a focus on food and health. The Group includes ICA Sweden and Rimi Baltic which mainly conduct grocery retail, ICA Real Estate which owns and manages properties, ICA Bank which offers financial services and Apotek Hjärtat which conducts pharmacy operations. The Group also includes Hemtex. For more information see icagruppen.se

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