Rimi Baltic’s store sales January – October 2008
Rimi Baltics store sales January – October 2008
Solna 7 November, 2008
Rimi Baltics store sales excluding VAT, in January – October 2008, totaled approximately EUR 1,070 million representing growth of 15 percent compared with the same period last year.
Rimi Baltics store sales per country in euro, excluding VAT, January – October 2008:
Million, EUR Change, percent Rimi Estonia 322.3 9% Rimi Latvia 524.0 20% Rimi Lithuania 224.0 12% Rimi Baltic total 1,070 15%
Rimi Baltics store sales per country in euro, excluding VAT in October 2008:
Million, EUR Change, percent Rimi Estonia 31.8 5% Rimi Latvia 49.5 10% Rimi Lithuania 21.1 1% Rimi Baltic total 102.4 6%
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 229 stores in the Baltic region; 73 are located in Estonia, 97 in Latvia, and 59 in Lithuania.
For further information, please contact: ICA press office, phone +46 70 253 66 60
----------------------------------------------------------------------------------------------------- About ICA The ICA Group (ICA AB) is one of the Nordic regions leading retail companies, with around 2,230 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 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 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