Rimi Baltic’s sales January - March 2007
Rimi Baltics sales January - March 2007
Solna 12 April, 2007
Rimi Baltics sales excluding VAT, in January - March 2007, totaled EUR 260.8 million representing growth of 22.0 percent compared with the same period last year.
Rimi Baltics sales per country in euro, excluding VAT, January - March 2007: Million, EUR Change, percent Rimi Estonia 84.1 9.0 Rimi Latvia 121.7 29.0 Rimi Lithuania 55.0 31.0 Rimi Baltic, total 260.8 22.0 Change in percent shows the change from the corresponding period last year. Pegged exchange rates have been used to arrive at comparable results.
Rimi Baltic operates 205 stores in the Baltic region; 62 are located in Estonia, 90 in Latvia, and 53 in Lithuania.
From January 1, 2007 Rimi Baltic is accounted for as a wholly owned subsidiary of ICA AB.
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 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