Year-end Report ICA AB 2005
Year-end Report ICA AB for the period January 1 – December 31, 2005
Stockholm: February 22, 2006
Continued earnings improvement in the fourth quarter
? Net sales in 2005 amounted to SEK 71,663 million (73,334) a decrease of 2.3%. For comparable operations net sales rose by 3.8%. (Sales for 2004 are adjusted for ICA Baltic and the divested Danish operations.) ? Operating income in 2005 amounted to SEK 1,958 million (1,977), and income after tax was SEK 1,523 million (1,516). ? Net sales for the fourth quarter amounted to SEK 19,281 million (19,472), a decrease of 1.0%. For comparable operations net sales increased by 4.1%. ? Operating income for the fourth quarter amounted to SEK 617 million (356), an increase of 73.3%.
For the entire report, with comment by the CEO and description of the financial results, please see the attached pdf-file.
For more information: Kenneth Bengtsson, President and CEO, ICA AB, phone: +46 8 561 502 58 ICAs press hotline, phone +46 70 253 66 60
----------------------------------------------------------------------------------------------------- About ICA The ICA Group is one of the Nordic regions leading retail companies, with around 2,300 of its own and retailer-owned stores in Sweden and Norway. The Group includes the sales companies ICA Sverige, ICA Norge and Etos. ICA Meny specializes in distribution to restaurants, the foodservice sector and convenience stores. ICA also offers financial services to Swedish customers through ICA Banken. ICA owns half of the companies Rimi Baltic, with just over 170 stores in the Baltic countries, and Netto Marknad, with just over 70 stores in Sweden. ICA AB is a joint venture 40% owned by Hakon Invest AB and 60% by Royal Ahold of the Netherlands. Due to shareholder agreement, neither party has control of the company and both share equal voting power. Through Royal Ahold, ICA AB is part of an international retail network. For more information, please visit http://www.ica.se