ICA Group’s interim report January-March 2012

5/9/2012 1:30 AM EST

Solna, Sweden, 9 May, 2012

Strong first quarter for the ICA Group
First quarter 2012

· Net sales for the first quarter amounted to SEK 23,309 million (21,885), up 6.5 percent. At constant exchange rates net sales increased by 5.8 percent.
· Operating income amounted to SEK 681 million (490), up 39.0 percent. Operating income excluding capital gains and impairments amounted to SEK 675 million (490), up 37.8 percent.
· Income after net financial items amounted to SEK 615 million (422).
· Net income for the first quarter amounted to SEK 438 million (254).

Extract from CEO comment – Per Strömberg, CEO ICA AB:

“I am pleased to announce a strong interim report with a net sales increase in the first quarter of 5.8 percent at constant exchange rates as well as an improvement in operating income of 39 percent compared to the same period last year. The main reasons for this were improvements in Norway and the Baltic countries. Easter came earlier this year compared to 2011, which...

ICA Group’s net sales 2011

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Solna 18 January, 2012
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ICA AB interim report January - September 2011

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County Administrative Court affirms Swedish Tax Agency’s ruling

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The ICA Group (ICA AB) is one of the Nordic region’s leading retail companies, with around 2,150 of its own and retailer-owned stores in Sweden, Norway and the three Baltic states. The Group includes retail companies ICA...

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