Swedish ICA stores – March sales figures
Sales in the Swedish ICA stores fell by 4.9% in March 2014 compared with the corresponding month last year. In like-for-like stores the sales decrease was 5.3%. Easter is in April in 2014 compared with in March in 2013. Since Easter is a key holiday in terms of sales, the calendar effect had a negative impact on sales compared with the previous year.
|Store sales, excl. VAT||SEKm||Change
|Maxi ICA Stormarknad||2,439||-6.7%||-6.9%||6,998||-0.2%||-0.9%|
In March 2014 sales in the Swedish ICA stores totalled SEK 8,321 million excluding VAT, which is a decrease of 4.9% compared with the same period in the previous year. Year-to-date sales total SEK 23,893 million which is marginally lower, -0,1%, than 2013.
The calendar effect due to Easter is estimated to amount to approximately -6 percentage points for March and
-1,3 percentage points for the year-to-date.
At 31 March 2014 the number of ICA stores in Sweden totalled 1,320. The number of stores decreased by one (ICA Nära) during the month.
Store sales for April will be published on Friday, 9 May 2014 at 08.45 CET. To see all publication dates in 2014, please visit ICA Gruppen’s website http://www.icagruppen.se/en/investor-relations/calendar/.
For more information
ICA Gruppen press service, Telephone number: +46 702 53 66 60
ICA Gruppen discloses the information provided herein pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 08.45 CET on Tuesday, 8 April 2014.
ICA Gruppen AB (publ) is one of the Nordic region’s leading retail companies, with around 2,400 of its own and retailer-owned stores in Sweden, Norway, Estonia, Latvia and Lithuania. The Group includes the retail companies ICA Sweden, ICA Norway and Rimi Baltic, ICA Real Estate, which owns and manages properties and ICA Bank, which offers financial services to Swedish customers. The Group also includes the wholly owned portfolio companies Forma Publishing Group and inkClub and partly owned portfolio companies Cervera, Hemtex and Kjell & Company. For more information see www.icagruppen.se