ICA’s net sales January – December 2007
ICAs net sales January – December 2007
Solna 24 January, 2008
The ICA Groups net sales for the fourth quarter amounted to SEK 22,139 million (17,631) which is an increase of 25.6 percent compared to the same period 2006. Exclusive Rimi Baltic, net sales amounted to SEK 19,143 million during the fourth quarter, an increase of 8.6 percent.
Net sales for the period January – December amounted to SEK 82,326 million (67,395) which is an increase of 22.2 percent compared to the same period 2006. Rimi Baltics net sales are consolidated in the Group as of January 1st, 2007. Exclusive Rimi Baltic, net sales amounted to SEK 71,590 million during the period, an increase of 6.2 percent.
ICAs interim report for January – December 2007 will be published on February 20.
For more information: ICA press hotline, tel +46 70 253 66 60
----------------------------------------------------------------------------------------------------- About ICA The ICA Group (ICA AB) is one of the Nordic regions leading retail companies, with around 2,250 of its own and retailer-owned stores in Sweden, Norway and the Baltic states. The Group includes the sales companies ICA Sverige, ICA Norge and Rimi Baltic. ICA also offers financial services to Swedish customers through ICA Banken. 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 a 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