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ICA Gruppen's March 2018 sales up by 9.8&%.

NORDIC BUSINESS REPORT-April 11, 2018-ICA Gruppen's March 2018 sales up by 9.8&%

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Retailing company ICA Gruppan AB (STO:ICA) reported on Tuesday that sales in ICA stores totalled SEK10,246m, excluding VAT, for the month of March 2018.

This was an increase of 9.8% as compared with Match 2017.

ICA Gruppen's sales in like-for-like stores increased by 9.3% for the month and 4.7% for the year to date period.

Sales for the year-to-date period, from in January 2018 to March 2018 amounted to SEK27,874m, up by 5.2% as compared with the corresponding year-to-date period of the prior year.

At 31 March 2018, the number of ICA stores was 1,286.

With a focus on food and health, ICA Gruppen includes ICA Sweden and Rimi Baltic, which mainly conduct grocery retail; ICA Real Estate, which owns and manages properties; ICA Bank, which offers financial services and Apotek Hjartat, which conducts pharmacy operations. The group also includes Hemtex.

(EUR1.00=SEK10.27)

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Publication:Nordic Business Report
Article Type:Brief article
Geographic Code:4EUSW
Date:Apr 11, 2018
Words:185
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