ICA Gruppen’s report for the fourth quarter 2023
Increased market shares and strong cash flow· Consolidated net sales increased by 7.6% to SEK 38,273 million compared with 2022 (SEK 35,558 million) for the fourth quarter. A continued comparatively high inflation rate contributed to the sales increase · Operating profit excluding items affecting comparability was SEK 1,487 million (SEK 1,389 million). The operating margin excluding items affecting comparability was 3.9% (3.9) · Volume effects in sales were positive during the quarter · ICA took market shares in the fourth quarter. Net sales in the ICA stores increased by 7%