Swedish ICA stores announces sales increased by 0.3% in February 2017 vs. same month last year

Solna, Sweden, 2017-Mar-10 — /EPR Retail News/ — Sales in the Swedish ICA stores increased by 0.3% in February 2017 compared with the corresponding month last year. Sales in like-for-like stores decreased by 0.3%.

February 2017 January – February 2017
Store sales
excl. VAT
Mkr Change  all stores Change like-for-like Mkr Change  all stores Change like-for-like
Maxi ICA Stormarknad 2,512 0.4% 0.4% 5,168 0.4% 0.4%
ICA Kvantum 2,040 0.7% -0.6% 4,220 1.5% 0.2%
ICA Supermarket 2,559 -0.1% -0.6% 5,248 0.9% 0.4%
ICA Nära 1,243 0.3% 0.3% 2,533 1.5% 1.6%
Total 8,353 0.3% -0.2% 17,168 1.0% 0.5%

In February 2017, sales in the Swedish ICA stores totalled SEK 8,353 million excluding VAT, which is an increase of 0.3% compared with the same month in the previous year. Sales in January-February 2017 amounted to SEK 17,168 million, an increase of 1.0% compared with the previous year.

ICA Gruppen estimates the calendar effect for February to be -3.1%. The large negative calendar effect relates to the leap day in February 2016.

At 28 February 2017, the number of ICA stores in Sweden was 1,295. Store sales for March will be published on 10 April 2017 at 08.45 CET.

To see all publication dates in 2017, please visit ICA Gruppen’s website http://www.icagruppen.se/en/investors/calendar.

For more information
ICA Gruppen press service, Telephone number: +46 10 422 52 52

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